Gold rush no more: India - Economist Espresso

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Gold rush no more: India

• no more 再也不；不再存在；再也不需要

1. Today marks the beginning of the five-day festival of Diwali, when Hindus worship Lakshmi, the goddess of wealth.

• Diwali 排灯节（印度教秋季节日）
• Hindus 印度教
• worship 信奉
• Lakshmi 拉克希米
• the goddess of wealth 财富女神

2. It is considered an auspicious occasion to buy gold.

• auspicious 吉利的；吉祥的

3. Every year, on this day, shoppers queue at jewellery stores that work almost round the clock to keep up with the rush.

• round the clock 昼夜不停；整天整夜；昼夜不停地
• keep up with 不落后

4. Free snacks and cold drinks are on offer for patrons awaiting their turn outside the door.

• patrons 主顾；(慈善协会等的)主席；赞助人；庇护人

5. Gold is in many places considered a safe asset and a hedge against inflation; in India, the shiny stuff is also especially treasured for weddings.

• hedge 防止损失（尤指金钱）的手段
• inflation 通货膨涨
• shiny 发亮的；发光的；闪亮
• treasure v. 珍藏；珍视；珍爱；珍重

6. Last year traders reported lacklustre sales owing to the country’s new goods-and-services tax.

• lacklustre 无趣味的；单调的；枯燥乏味的
• goods-and-services 商品及货物

7. This year may also disappoint.

8. Gold prices reached a six-year high last week.

9. Below-normal monsoon rains and resulting poor harvests will further mute demand in poor regional cities that account for two-thirds of sales.

• monsoon rain 季风雨
• mute v. 减弱；缓解
• account for 占……

10. Expect deep discounts as newish online dealers, too, polish their brand.

• newish 有些新的,相当新的

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