Gold market is bustling before God of Wealth Day

Việt NamViệt Nam06/02/2025


Although it is not yet the day of the God of Wealth, the domestic gold price has continuously increased sharply compared to before the Lunar New Year holiday. The purchasing power of gold products for “luck” at the beginning of the new year of the people in the province has also increased, making this market “heat up” day by day.

Gold market is bustling before God of Wealth Day

Nam Thanh gold and silver shop, Gia Cam ward, Viet Tri city, has a large number of customers coming to buy gold before God of Wealth day.

According to folk beliefs, every January 10th - the God of Wealth's Day, people flock to buy gold in the hope of a prosperous new year, with wealth filling their homes. Grasping the trend of customers, gold shops in the province have proactively stocked a relatively large amount of goods before Tet to serve people's lucky shopping.

Recorded at some jewelry stores in Viet Tri city, the price of SJC gold bars and 9999 gold rings sold on the afternoon of February 5 (ie January 8) exceeded 90 million VND/tael and this is the highest price ever. It is known that before that, the price of gold rings peaked in October 2024 at 89.25 million VND/tael.

Although the price of gold has skyrocketed before the God of Wealth Day, gold and jewelry stores are still quite crowded with customers. This year, the God of Wealth Day falls on Friday, so many people have taken advantage of the opportunity to buy gold earlier to avoid the crowds and waiting in line.

Gold market is bustling before God of Wealth Day

The display area of ​​round gold rings and gold in blister packs attracts many customers.

As one of the gold trading enterprises in Viet Tri city, this year, Nam Thanh Gold and Silver Store, Gia Cam Ward, Viet Tri city "opened spring" from the 6th day of the Lunar New Year At Ty. After Tet is the peak time of the year, the number of customers coming in and out is continuous.

Ms. Le Thi Thu Huyen - Manager of Nam Thanh Jewelry Store said: This year, after the Lunar New Year, the domestic gold price was strongly affected by the world gold price which is at its highest price in history. Although the price is high, since the 8th day of Tet, the number of customers buying at the store is still more than the number of sales, but mainly customers buy in small quantities of 1-3 just to pray for luck at the beginning of the new year.

The store has prepared an abundant source of goods with a variety of items such as: Kim Than Tai gold tray; Than Tai gold tray, Kim Tien Tai Loc ring, plain round ring and gold products with the image of a snake, the mascot of the year of At Ty, meticulously and uniquely designed.

With the mentality of buying gold for luck at the beginning of the new year and the concept of the God of Wealth Day, the consumption of gold, silver and precious stones at this time is constantly increasing. On this occasion, many gold shops in the province have implemented many incentive programs to thank customers. At Minh Duc Gold and Silver Shop, Nguyet Cu Street, Minh Phuong Ward, Viet Tri City, the opening time on the God of Wealth Day is also announced at 6:00 a.m., 1 hour earlier than usual days and serving the last customers instead of closing at 7:00 p.m. as prescribed every day.

Through research, it is known that in addition to preparing enough quantity of items to serve the occasion of the New Year of At Ty and the God of Wealth Day such as: blister-pressed rings, plain rings, blister-pressed God of Wealth and all kinds of jewelry made from gold.... Every year, the store prepares a lucky money drawing program for the first 100 customers when transacting at the store on the 10th to create a vibrant atmosphere and also to send gratitude to customers at the beginning of the new year.

Gold market is bustling before God of Wealth Day

Customers choose to buy jewelry at PNJ Phu Tho branch on the occasion of God of Wealth Day.

According to a survey of gold buying demand at a gold and jewelry store, at this time, plain round gold rings are the most sought-after item. Explaining the reason, Ms. Nguyen Thi Kim Dung, Tho Son ward, Viet Tri city said: In addition to buying gold for luck at the beginning of the new year, this is also a way to save money, so I often choose plain gold rings of 0.5 chi, 1 chi and 2 chi to buy. Because this type of gold has the advantage of being easy to buy and sell, high liquidity and does not lose value over time. In addition, gold rings are often priced closer to gold bars than jewelry gold, limiting processing costs.

As the God of Wealth Day approaches (January 10), the gold market becomes more and more exciting. According to forecasts, the number of gold buyers may increase in the coming days. Gold buyers should also pay attention to choosing a reputable address, buying gold at large stores and brands to ensure quality and clear origin. At the same time, carefully check the documents, invoices and inspection stamps before buying to avoid buying fake or poor quality gold.

Ha Nhung



Source: https://baophutho.vn/thi-truong-vang-soi-dong-truoc-them-ngay-via-than-tai-227488.htm

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