GREY:TWNNF - Post by User
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Mogamboon Dec 19, 2006 12:36pm
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Post# 11891803
Exchange US Dollars and Get Gold cell phone
Exchange US Dollars and Get Gold cell phoneGold Marketing in Full Swing
Open new accounts at banks and get gold.
Banks are presenting gold to a select few lucky customers to mark the ``Year of the Golden Pig’’ (a symbol of good fortune) next year that comes around every 60 years on the lunar calendar.
Demand for gold is also increasing as more people are trying to present gold to relatives and friends to wish for their good luck.
``In recent months, the price of gold has surged as the global economy is exposed to more uncertainties amid a weaker dollar and high oil prices,’’ a Shinhan Bank official said. ``In some Asian countries, gold sales are heating up because of the belief that gold will bring special luck next year.’’
To meet the growing demand for gold, Shinhan has launched some specialized accounts, at which customers can save gold, instead of money. For the first 15 days of this month, the accounts drew 70 billion won of new savings, surpassing the full-month opening of accounts worth 68.5 billion won in November.
When economic uncertainties grow, demand for gold, seen as safer than other investment items, tends to increase. Next year, people have one more reason to keep gold, the official said.
``Gold marketing’’ is now in full swing.
Shinhan is holding a lottery to provide some customers with items made with pure gold. Those who exchanged more than 500 U.S. dollars into other currencies using the bank’s currency exchange services can apply for the promotion.
The Korea Exchange Bank is holding a lottery for new depositors. The winners will receive golden cell-phone rings, the bank said.
The Industrial Bank of Korea is also holding a similar event for those who buy gold at the bank’s branches.
It sells gold bars at a discounted price to those who opened new accounts and also provides winners of a lottery with keys and small pig trinckets made of gold.