Mooncakes made of gold and silver are selling like hot cakes in China as gifts during the Mid-Autumn Festival, reported Xinhua news agency last week.
Sold in various weights of gold or silver, many of these mooncakes have reportedly sold out in the run-up to the Mid-Autumn Festival on September 30.
Mooncakes, a traditional Chinese delicacy made of lotus seed paste, are given to family and friends in China as gifts to celebrate the Mid-Autumn harvest festival.
The Bank of Communications is reportedly selling a 500-gram gold mooncake at over 21,000 yuan (US$3340) while ICBC Bank is offering a gift box of two 50-gram gold mooncakes, inscribed with auspicious motifs and Chinese characters, for 47,620 yuan (US$6,820). The cheapest of ICBC Bank’s range of mooncakes is a mooncake made of silver that is priced at 850 yuan each (US$135).
Other banks that have also jumped onto the bandwagon include the China Merchant Bank, Bank of Communications and Agricultural Bank of China.
These gold mooncakes are usually purchased as gifts and customers must order at least two week in advance; the gifts are “usually not for families or friends.”
The Chinese are among the top consumers of gold in the world in recent years. Over the past year alone, the ratio of Chinese rich investing in gold jumped from 0.1 percent in 2011 to 11.5 percent in 2012.
As stories continue to circulate on Apple‘s message boards and on Twitter of iPhone 5s arriving in less than perfect condition, one London firm believes it may have found an elegant and suitably aspirational solution to the problem.
On Sep. 27, Gold & Co is set to unveil what it claims is the world’s first 24-karat gold-plated iPhone 5 at the Collector’s Palace in Dubai Mall, United Arab Emirates.
After taking down Spain to win gold at the 2012 London Games, the US men’s basketball team was gifted custom Beats by Dre headphones to match the players’ shiny new medals.
A Russian owner of a BMW X5 decided to give its car an exotic and expensive look, and wrapped up the high-selling SUV in gold!
A couple of weeks ago, OPI announced their special James Bond themed collection in honor of the 50th (Golden) anniversary of the James Bond legend.
Famed French jeweler Boucheron have created the Quatre Black Edition, an updated version of their original Quatre collection launched in 2004.
The first collection had different gold bands, assembled using variable widths that could be then set with diamonds.
Shot by iconic American photographer Steven Meisel, the Dior Golden Jungle Fall 2012 ad campaign stars an alluring Daria Strokous.
The Russian model was styled by Carine Roitfield, who complemented the safari-like looks and earthy tones with animal-print accessories and furs as well as golden jewelry.
For SS12 Dolce&Gabbana launch a very special and precious limited edition sunglass collection to satisfy your most luxurious eyewear needs.
The Gold Edition for SS12 is declined in the male and female versions. For women, the Dolce&Gabbana Gold Edition comes in two styles: Pure Gold and Gold Sofia.
The Pure Gold sunglasses are a vintage yet streamlined shape. The square frame is inspired by a gold ingot and provides a statement unparalleled by other sunglasses. The frame is gilded in 18K gold and is available in both white and yellow gold.
This Porsche 911 Carrera 4S spotted in China features a loud gold chrome wrap with blacked-out taillights, a big fixed rear wing and gold-lined wheels.
Hermes, which already produces the world’s most expensive functional handbags, the Kelly and the Birkin, has unveiled four new designs, each priced at $1.9 Million.
The miniature totes, which are crafted from gold and studded with thousands of precious stones, double up as high jewellery.
Significantly smaller than the popular leather versions, they are designed to be worn as a bracelet, with the handbag strap resting on the wrist.
Hublot is launching the first ever timepiece that has a scratch-resistant gold case. Called the Hublot Magic Gold, the watches will be presented at BaselWorld 2012.
Hublot gold has a hardness rating of almost 1000 Vickers (most hardened steels are up to 600 Vickers).
This makes Hublot the hardest in the world, and by some margin it can only really be “scratched” by a diamond.
Miansai have unveiled this gorgeous iPhone 4 case made of solid gold. It can be purchased either in yellow or rose gold.
Crafted by hand at Miansai, it can be customized according to the client’s tastes. Every case is engraved with its limited edition number. Price: $10,000.
Closing 2011 with the ultimate gesture of luxury, and upholding an annual premium tradition, Moët & Chandon presents the Golden Premium Jeroboam.
Moët & Chandon transforms the Impérial bottle into a limited-edition keepsake allowing champagne lovers to create their own masterpiece.
“Being unique is the essence of luxury: By signing its Golden Premium Jeroboam, each Moët lover can elevate an end-of-year gesture into a moment to remember.”
A nearly two million dollar golden Christmas tree has been put on display for the holiday season in Tokyo.
Tokyo’s jewellery store Ginza Tanaka unveiled its 2.4 meters tall Golden Christmas Tree, which is made from 12 kilograms of pure gold, worth 1.95 million US dollars.
It took 15 craftsmen four and a half months to complete the creation. The store says it’s the most expensive Christmas tree they’ve ever created.
An award-winning British cheese maker has created what’s being called the most expensive cheese in Britain with its Stilton Gold, a premium white Stilton made with edible gold leaf and gold-flecked cinnamon schnapps.
At £608 a kilo — Long Clawson’s Stilton Gold is bedecked in flecks of gold and is meant to be an extra luxurious addition to cheeseboards for the holiday season.
For $19,000, a company called Mr. Kennedy will make you 24-carat gold laces which take about 120 hrs to make by hand.
“The world’s only precious metal shoelaces” are finely crafted using “ancient, artisan jewelry techniques.”
The man behind the laces is Colin Hart, who named his company after ‘Mr Kennedy’, inventor of the modern-day shoelace.
Jean Paul Gaultier has designed a 1-ounce gold bar for French gold investment company CPoR Devises, WWD reports.
The gold bar features a JPG-designed heart with his name written across it. Currently, one ounce of gold is valued at $1,680.00.
Japanese Department store Takashimaya is selling three commemorative gold boxes for New Year “Osechiryori” food delicacies to mark its 180th anniversary.
The luxury lunch boxes, with three layers, are made from 18-karat gold and weigh 3.35 kilograms.
Takashimaya said it is selling only three of them for 18.9 million yen ($229,000) each for New Year and is accepting orders until Oct 11.
Restaurateur and Chef Jasper Mirabile Jr. has created the world’s most decadent, exclusive, delicious, but also expensive cannoli ever made.
If your mouth isn’t watering, as of yet, let me share with you the ingredients: The base is made of rich dark chocolate, a whipped ricotta cheese filing mixed with candied lemon, chocolate and lemon peel. All these wrapped in gold leaf.
Dated back to the Arab occupation of Sicily in the 9th century, Jasper’s secret weapon is his great-grandmother’s recipe. Priced at $26,010.
After the Daft Punk inspired Club Coke 2011 bottles launched earlier this year, here is the official Daft Punk x Coca Cola collaboration bottles.
The classic Coke glass bottle comes with gold and silver Coca-Cola logo application and matching Daft Punk bottle crown sitting on top.
The silver one is actually 925 silver and the gold one features 18k yellow gold. Hand finished the bottles are sitting in a box designed by Daft Punk.