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On God of Wealth's day, gold prices increase, many people still buy for luck

Việt NamViệt Nam07/02/2025


On God of Wealth Day this year, the domestic gold price exceeded 90 million VND/tael. In Phu Yen , despite the high gold price, people still flocked to gold shops to shop, hoping for luck and fortune in the new year.

People prefer to buy God of Wealth gold bars and Kim Ty Phat Tai gold bars (the mascot of the year) on God of Wealth day this year. Photo: LE HAO

This morning (February 7), the 10th day of the first lunar month - the God of Wealth's day, gold trading businesses opened early to welcome customers. Through a survey of the market, the price of SJC gold bars and gold rings increased compared to yesterday.

According to the listing of Saigon Jewelry Company Limited - SJC, the buying and selling price of gold bars is at 86.8 - 90.3 million VND/tael, an increase of about 400,000 VND compared to the price on the afternoon of February 6. The difference between the buying and selling price continues to widen to 3.5 million VND, compared to 3.2 million VND the previous day.

The price of PNJ gold bars listed by Phu Nhuan Jewelry Joint Stock Company is at VND86.7 million/tael (buy) - VND90.1 million/tael (sell), also an increase of about VND400,000 compared to the previous afternoon.

For 999.9 gold rings, gold trading enterprises in the province listed the price at about VND86.5 million/tael (buy) and VND89 million/tael (sell), a slight increase compared to the end of the previous day.

In Tuy Hoa City, from early morning, many customers were present at gold shops on Tran Hung Dao Street to choose to buy gold. Mr. Nguyen Van Binh in Ward 5 (Tuy Hoa City) shared: "This year, the price of gold is higher than every year, it can be said to be a record high, but I still bought 1 tael. Buying gold at the beginning of the year, I feel confident and excited".

Gold jewelry is also chosen by many people to beautify and at the same time accumulate assets. Photo: LE HAO

Ms. PTHT in Ward 1 (Tuy Hoa City) boasted: Every year on the day of God of Wealth, I buy a piece of gold of the year's mascot, about 1 tael. This year, I bought a Kim Ty Phat Tai gold bar. In fact, I have collected almost all 12 zodiac animals.

 

As a businesswoman, Ms. Pham Ngoc Bich in Hoa Thang commune (Phu Hoa district) also chooses to buy gold on the day of God of Wealth to pray for luck and fortune. “Every year when the price of gold is low, I buy a lot, and when the price is too high, I buy less. I have maintained this practice for 10 years, the purpose is to receive luck at the beginning of the year,” Ms. Bich shared.

 

According to representatives of gold trading enterprises in Phu Yen, although the price of gold has increased, the demand for gold on God of Wealth Day is still very high. Many people believe that buying gold on this occasion will bring good luck, starting a prosperous new year. Meanwhile, gold is also an asset with good liquidity and easy conversion, so it attracts people to buy, store and invest.

A variety of gold products are sold on the God of Wealth's day. Photo: LE HAO

This year, products such as 5-centimeter and 1-chi plain round rings, Than Tai pieces, Kim Ty Phat Tai pieces... are still favored by many customers. Ms. Nguyen Thi Kim Oanh, Deputy Director of Kim Thach Bich Gold Trading Company Limited said: "We have prepared a large quantity of goods and diverse designs to meet the needs of customers on this special day."

According to experts, investing in gold should have a long-term vision, not follow the crowd effect. If you want to invest seriously, people should monitor the market and choose the right time to buy and sell, instead of making hasty decisions.

LE HAO



Source: https://baophuyen.vn/82/325692/ngay-via-than-tai-gia-vang-tang-nhieu-nguoi-van-mua-lay-may.html

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