A man in Hai Duong sold 30 taels of gold rings before the God of Wealth's day.

On the eve of God of Wealth Day 2025, some people sell gold rings to avoid price risks.

A representative of Bao Tin Manh Hai gold shop in Hai Duong said that in the past 2 days, a number of people have come to sell plain round gold rings (9999 round gold rings). The total amount of plain round gold rings that this shop has bought is more than 50 bars, an increase of nearly 50 times compared to normal days. In particular, there was a customer who sold 30 bars of gold.

At 3:00 p.m. on February 5, the price of gold rings traded at Bao Tin Manh Hai, Hai Duong facility, was VND90.95 million/tael for selling and VND88.2 million/tael for buying. The selling price remained the same compared to the beginning of the same morning, but the buying price decreased by VND200,000/tael. The difference between the buying and selling prices was VND2.7 million/tael.

God of Wealth Day 2025 is February 7th, stores have prepared many unique products to serve the market.

Compared to the closing price of the last trading session on February 4, each tael of plain gold rings decreased by VND900,000 for selling and increased by VND100,000 for buying. Compared to February 3, it increased by VND1.7 million/tael for selling and increased by VND1.1 million/tael for buying.

The new point is that there are many products starting from only 0.3 taels of gold, suitable for the need to buy gold for luck of many people.

People can also sell plain round gold rings of other brands at Bao Tin Manh Hai. After this store checks the gold's purity, it will buy it back at the listed price at each time according to regulations. At 3:00 p.m. on February 5, the buyback price for other brand gold rings was VND88 million/tael.

In 2024, gold rings recorded 2 periods of deep price decline (June and October), so many people are worried that gold rings will experience a deep price decline during and after the God of Wealth Day this year. In addition, the trading price of gold rings is high, so people want to sell to make a profit and avoid price risks. This is the reason why the amount of gold rings sold by people in the past 2 days has increased dramatically.

Many God of Wealth gold products with the image of the snake mascot of the year of At Ty are elaborately designed.

At the same time at 3:00 p.m. on February 5, Hai Hong gold brand traded gold rings at 88.4 million VND/tael for sale and 87.2 million VND/tael for purchase. Doji traded at 90.9 million VND/tael for sale and 88 million VND/tael for purchase. PNJ traded at 90.7 million VND/tael for sale and 88.2 million VND/tael for purchase.

God of Wealth Day 2025 is February 7th. On this occasion, many large gold shops in the province have launched many incentive programs to thank customers, such as discounts when people buy product sets.

The new thing about this year's God of Wealth occasion is that stores have launched many new lines of God of Wealth gold products with weights starting from only 0.3 chi, suitable for the needs of many people to buy gold for luck.