For a long time, the Day of the God of Wealth (the 10th day of the first lunar month) has been considered one of the most important days of the year, especially for those involved in business and trade.
Should you buy gold before the God of Wealth Day?
According to the lunar calendar, the God of Wealth Day will fall on February 7th, 2025. Experts predict that in previous years, on this day, gold prices tend to skyrocket before suddenly plummeting. The difference between buying and selling prices also becomes very high, leading to potential losses for many gold investors, whether speculating or buying as a long-term asset.
Buying gold on the Day of the God of Wealth symbolizes welcoming good fortune and blessings into the home. Therefore, people don't necessarily need to crowd together when buying gold.
Now, people can buy gold earlier, right after the shops reopen after the Lunar New Year. This will help buyers comfortably purchase gold with guaranteed quality at a price that doesn't increase too much.
Furthermore, buying gold before this date does not affect the feng shui or fortune of the homeowner, as long as you buy with sincerity and believe in the good luck that gold brings. To ensure a successful gold purchase and bring wealth, you need to keep the following points in mind:
- Choose an auspicious day before the God of Wealth's festival: If you want to buy gold beforehand, you can choose auspicious days of the week to do so, in order to increase your luck.
- Choose a reputable place to buy gold: Make sure you choose reputable gold and silver shops to avoid buying low-quality gold.
- Mindset and belief: Most importantly, you need to have a positive mindset and believe that buying gold will bring you prosperity in the new year.
In short, buying gold before the God of Wealth's Day is perfectly acceptable. The important thing is that you do it with sincerity and belief in the good fortune that gold will bring to you and your family throughout the year.
What are the auspicious times and dates to buy gold on the occasion of the God of Wealth?
On the day of the God of Wealth (the 10th day of the first lunar month), Vietnamese people traditionally buy gold to pray for good fortune and prosperity in the new year. Buying gold on this day is not only a tradition but also carries profound feng shui significance.
However, to ensure the best results from buying gold, choosing an auspicious time and direction for the first outing is extremely important. Below is a table of auspicious dates and times for buying gold on the God of Wealth's Day, so you can choose the right time to ensure good fortune and prosperity in the new year:
| Element | Detail |
| Auspicious day | The 10th day of the first lunar month (Day of the God of Wealth) |
| Auspicious hours | Rat (11 PM – 1 AM), Dragon (7 AM – 9 AM), Horse (11 AM – 1 PM), Monkey (3 PM – 5 PM) |
| Auspicious direction for travel | Southeast: Pray for wealth and prosperity. Northwest Vietnam: Seeking fame and career advancement. |
| Note | Avoid buying gold during inauspicious hours (Mao, Dau, Tuat) to avoid bad luck. |
What should you keep in mind when buying gold on the day of the God of Wealth?
Don't buy gold with the intention of hoarding it.
These days, shops often heavily promote their products to boost sales at the beginning of the year. Therefore, the price of gold can be pushed up very high, but it can also quickly fall afterward.
Therefore, you shouldn't hoard gold on the day of the God of Wealth. It's best to buy only 1-2 taels (approximately 37.5 grams) for good luck. Buying large quantities can easily lead to losses if the price of gold suddenly drops.
Choose the right type of gold to preserve its value.
Currently, the market offers many products related to the God of Wealth, with diverse designs such as gold bars, rings, bracelets, and statues of the God of Wealth. However, buyers should carefully consider choosing products such as plain gold rings weighing 0.5 to 2 taels and opt for those packaged in blister packs. Buying plain gold rings without blister packaging makes it difficult to determine the quality. As for gold bars, a serial number is essential.
For gold-plated handicrafts, buyers can choose items according to feng shui principles that match their age and destiny. However, a major drawback of these products is that they have little resale value. Therefore, careful consideration is needed when purchasing, as each item of this type can cost from several million to tens of millions of Vietnamese dong.
Buy gold from reputable establishments.
When choosing to buy gold on the day of the God of Wealth, buyers should pay attention to selecting reputable stores that guarantee quality. After purchasing, it is necessary to obtain a complete invoice as it serves as proof of the transaction and is convenient for future buying and selling transactions. Caution should be exercised when buying from small, unlicensed shops.
Furthermore, to avoid long queues at gold shops, people can choose to buy gold online through websites or research suitable products beforehand. On the day of the God of Wealth festival, they can simply go to the store to pick it up or order home delivery.
You can choose to buy the amount of gold according to folk beliefs.
Furthermore, according to folk beliefs, buying gold for good luck on the occasion of the God of Wealth's festival carries a specific meaning for each quantity. Accordingly, to pray for prosperity, one should buy 1 tael; to pray for success, buy 2 taels; and to pray for wealth, buy 5 taels of gold. Buyers can choose the appropriate amount of gold based on these meanings related to praying for success and wealth.
According to Consumer
Source: https://doanhnghiepvn.vn/kinh-te/co-nen-nua-vang-truoc-ngay-via-than-tai-ngay-gio-tot-mua-vang-via-than-tai/20250204104807493
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