The two large dragon pillars at Dongshi Xiantian Temple in Chiayi were built in 2014 for about US$318,000. Their value has increased by four to five times due to rising gold prices.
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Inside the Dongshi Xiantian Temple, located in Dongshi Township of Chiayi County, two stunning golden dragon pillars catch the attention of every visitor. These pillars are completely covered in pure gold powder.
Devotees from New Taipei City traveled south specifically to see them. One pilgrim shared, "Visiting these magnificent dragon pillars brings a sense of peace and auspiciousness."
In 2014, the temple rebuilt its pillars at a cost of NT$10 million (US$318,000) each. Temple secretary Wu Chun-yu noted their value has skyrocketed with rising gold prices. "Gold is so valuable now. These two pillars, originally made for NT$10 million (US$318,000), are worth NT$40-50 million (US$1.2-1.6 million) at today's market rates," he said. The temple stays open 24/7 without closing its doors, relying on constant surveillance to deter thieves.
Elsewhere in Chiayi City, Nanen Temple, famous for its sunglasses-wearing Jigong Buddha statue, melted down 297 gold plaques and jewelry donated by believers over 40 years into one massive 153-kilogram gold plaque. Hung 10 stories high on the statue a few years ago, it was valued at NT$120 million (US$3.8 million) at the time. Executive Director Zhang Xiao-xian (張孝賢) said as of Jan. 30, its worth had nearly hit NT$200 million (US$6.4 million).
Local jewelers report a significant rise in gold prices, with Chiayi expert Ho Hai-tang (何海瑭) noting an increase from NT$360,000 (US$11,500) to about NT$430,000 (US$13,700) per tael over the past ten days. Many devotees humorously call this surge a divine miracle, as the temple's golden landmarks shine brighter amidst the global bullion rally.