The gold market is bustling on the day of the God of Wealth festival.

DNO - On the morning of February 19th (the 10th day of the first lunar month), gold shops throughout the city were crowded with people buying and selling gold to pray for good luck and fortune on the day of the God of Wealth.

From the morning of February 19th, many gold shops were crowded with customers. Photo: CHIEN THANG

Observations at many large gold shops on Hung Vuong, Ong Ich Khiem, Dong Da, Nguyen Van Linh, Au Co streets, etc., show that a large number of people lined up early to buy gold.

This year, gold items are being crafted in new, beautiful designs, symbolizing wealth and prosperity. In particular, the value of these items crafted for the God of Wealth Day is not significantly different from gold rings or gold bars, making them popular with customers.

In addition, plain gold rings weighing 0.5 - 1 tael (approximately 37.5 grams) are still of interest to many people, followed by other types of gold jewelry.

Many customers took advantage of the early morning hours to buy gold before the start of the work week. Photo: CHIEN THANG

Accordingly, the price of 9999 gold bars, updated at 9:00 AM on February 19th, was listed by DOJI Gold, Silver and Gemstone Group at 75.75 million VND/ounce for buying and 78.35 million VND/ounce for selling.

The listed price for 9999 pure gold rings (Hung Thinh Vuong brand) is 64.2 million VND/ounce for buying and 65.65 million VND/ounce for selling.

The SJC gold price listed by Phu Nhuan Jewelry Joint Stock Company (PNJ) is 75.8 million VND/ounce for buying and 78.4 million VND/ounce for selling.

Gold prices for Kim Bao and Phuc Loc Tai 9999 are listed at 63.35 million VND/ounce for buying and 64.5 million VND/ounce for selling.

At small and medium-sized private gold shops in the city, the price of 9999 pure gold is 63 million VND/ounce for buying and 64.4 million VND/ounce for selling.

Ms. Le Thi Kim Yen, store manager of Phu Nhuan Jewelry (PNJ) store at 70 Tran Phu Street, said that the number of customers shopping at the store has been very high since this morning.

Ms. Nguyen Thi Kim Anh, Director of Kim Khanh Viet Hung Co., Ltd. (Lien Chieu district), said that the number of customers coming to buy goods from Valentine's Day on February 14th until now has been very high.

To prepare for the God of Wealth Day, the store has prepared many new products such as statues of the God of Wealth in various sizes, mascot figures, gold bars… ranging from 0.5 tael to 1 tael.