VOA标准英语10月-India's Appetite For Gold Not Dampened by High Pr

Over the past 12 months, gold prices have increased by nearly 50 percent. But the high prices have not dampened India's appetite for the precious metal. Anjana Pasricha reports from New Delhi on India's cultural affinity¹ with gold.
　

A customer selects gold bangles in Jammu, India, Mar2 2008

After watching the steady rise in gold prices over the past 12 months, 52-year-old Kanu Chadha has radically³ raised her budget for the jewelry⁴ she wants to give her daughter when she gets married next February.

Gold prices exceeded $865 an ounce last month. But that does not deter⁵ Kanu Chadha from continuing with her purchases of stone-studded bangles, necklaces and earrings⁶ set in gold.

"There is no other way out. Jewelry is part of an Indian wedding, so you have to do it," she said. "So I am going on purchasing it despite the rise in price. You may cut an item here or there, or make the weight a little less, but you still carry on with it. That is how the Indian psyche⁷ goes."

India's desire for gold dates back centuries. Parents and in-laws traditionally give gold and gold-based jewelry as wedding gifts to the bride. It is considered a woman's personal wealth. Indians also purchase gold during festivals, as a gift to new-born babies, or as a safe investment.

Ajay Mitra, head of the World Gold Council in Mumbai, says a recent study among consumers showed that runaway⁸ prices are not going to stop Indians from buying the yellow metal.

"Consumers across seven cities in India came out very strongly that the intrinsic value of gold continues to command a very high preference in their minds, and they would continue to buy gold irrespective of what the absolute price is as I said, it is intrinsic, it is auspicious⁹, it is part of our genetic¹⁰ upbringing," said Mitra.

The love of gold cuts across economic classes. Mitra says the study covered families with incomes ranging from $200 to $2,000 a month. All of them wanted to invest some of their savings¹¹ in the metal.

Gold is also bought heavily in rural areas, where savings are often converted into the precious metal partly because the banking¹² system is not well developed. In fact, most village marketplaces include a goldsmiths shop.

Indeed, jewelers are unfazed by the rise in prices. They say the recent financial crisis in the world will only reaffirm the faith that Indians put in gold. Many middle class Indians, who had put their money in stocks, find their stock investments have tumbled, but their gold purchases now command a higher value.

India is the world's biggest gold consumer, importing about 700 tonnes to 800 tons a year.

1 affinity   

n.亲和力，密切关系

参考例句：

• I felt a great affinity with the people of the Highlands.我被苏格兰高地人民深深地吸引。
• It's important that you share an affinity with your husband.和丈夫有共同的爱好是十分重要的。

2 mar   

vt.破坏，毁坏，弄糟

参考例句：

• It was not the custom for elderly people to mar the picnics with their presence.大人们照例不参加这样的野餐以免扫兴。
• Such a marriage might mar your career.这样的婚姻说不定会毁了你的一生。

3 radically   

ad.根本地，本质地

参考例句：

• I think we may have to rethink our policies fairly radically. 我认为我们可能要对我们的政策进行根本的反思。
• The health service must be radically reformed. 公共医疗卫生服务必须进行彻底改革。

4 jewelry   

n.（jewllery）（总称）珠宝

参考例句：

• The burglars walked off with all my jewelry.夜盗偷走了我的全部珠宝。
• Jewelry and lace are mostly feminine belongings.珠宝和花边多数是女性用品。

5 deter   

vt.阻止，使不敢，吓住

参考例句：

• Failure did not deter us from trying it again.失败并没有能阻挡我们再次进行试验。
• Dogs can deter unwelcome intruders.狗能够阻拦不受欢迎的闯入者。

6 earrings   

n.耳环( earring的名词复数 )；耳坠子

参考例句：

• a pair of earrings 一对耳环
• These earrings snap on with special fastener. 这付耳环是用特制的按扣扣上去的。 来自《简明英汉词典》

7 psyche   

n.精神；灵魂

参考例句：

• His exploration of the myth brings insight into the American psyche.他对这个神话的探讨揭示了美国人的心理。
• She spent her life plumbing the mysteries of the human psyche.她毕生探索人类心灵的奥秘。

8 runaway   

n.逃走的人，逃亡，亡命者；adj.逃亡的，逃走的

参考例句：

• The police have not found the runaway to date.警察迄今没抓到逃犯。
• He was praised for bringing up the runaway horse.他勒住了脱缰之马受到了表扬。

9 auspicious   

adj.吉利的；幸运的，吉兆的

参考例句：

• The publication of my first book was an auspicious beginning of my career.我的第一本书的出版是我事业吉祥的开始。
• With favorable weather conditions it was an auspicious moment to set sail.风和日丽，正是扬帆出海的黄道吉日。

10 genetic   

adj.遗传的，遗传学的

参考例句：

• It's very difficult to treat genetic diseases.遗传性疾病治疗起来很困难。
• Each daughter cell can receive a full complement of the genetic information.每个子细胞可以收到遗传信息的一个完全补偿物。

11 savings   

n.存款，储蓄

参考例句：

• I can't afford the vacation,for it would eat up my savings.我度不起假，那样会把我的积蓄用光的。
• By this time he had used up all his savings.到这时，他的存款已全部用完。

12 banking   

n.银行业，银行学，金融业

参考例句：

• John is launching his son on a career in banking.约翰打算让儿子在银行界谋一个新职位。
• He possesses an extensive knowledge of banking.他具有广博的银行业务知识。