Gold highly appreciates during the Ramadhan

As the Moslem's Holy month of Ramadhan is coming to an end, the Gold is highly appreciates. The Moslem Women in Asian nations buys physical Gold for them to wear during Idul Fitri. Gold is bought in a terrific numbers of  quantities and prices. 

But why most of these women buy physical gold? The answer is very simple actually. During Idul Fitri these women. rich or poor most of them go home to their family in the villages. These people wants to show to their families and friends on how successful they are earning their money in the big cities. Gold is a symbol of wealth and success.

I don't know if this is something to do with the rise of Gold in the trading floor, but it was observed in the previous year 2008 and the timing is identical to the present Gold rally uptrend.  The rally will usually diminishes with in a month or two as these people needs cash for their daily necessity when coming back to work in the big cities.

It is a traditional movement by the Gold and keep on repeating every year during the Holy month of Ramadhan especially in Moslem country.