Golden Wine

Wine sales are enjoying a bumper winter this year with reported turnover up 200 per cent compared to 2009.

In the past year record auction prices have been set for bottles of wine. Last month £147,020 was paid for a bottle of 1869 Chateau Lafite-Rothschild at a sale in Hong Kong.

Performing well has been Lafite and Mouton Rothschild 2008 which saw an increase after it was confirmed that Chinese artwork would feature on labels.

Gary Boom, the founder and Managing Director of Bordeaux Index, said: “Once more, the key dynamic has been continued demand from the Asian market.

“Chinese buyers in particular have developed a taste for fine wine – and with alternative investment classes such as gold and shares limping through to the end of the year, it’s hard not to give any forecast other than for growth to continue into the New Year.”