Gold prices fall in the morning, workers boldly "pour money" to buy

Anh Tuấn |

Despite the rain, many people in Hanoi still flocked to stores to buy gold on the God of Wealth Day.

On the morning of February 26th, which is the 10th day of the first lunar month (God of Wealth Day), domestic gold prices slightly decreased. At 9:15 am, SJC gold prices of Saigon Jewelry Company, Doji Company and Phu Quy Company were listed from 182-185 million VND/tael (buying/selling), down 300,000 VND/tael compared to the closing session on February 25th.

Similarly, Phu Quy Company traded 181.5-184.5 million VND/tael (buying/selling), down 300,000 VND/tael compared to the closing session on February 25. Separately, the price of gold rings at Bao Tin Minh Chau Company increased by 300,000 VND/tael compared to the end of February 25, trading from 181.8-184.8 million VND/tael (buying/selling).

Thus, the buying - selling price difference of domestic gold prices still maintains at 3 million VND/tael.

Người dân đổ xô đến các cửa hàng để mua vàng trong ngày Vía Thần tài. Ảnh: Việt Anh
People flock to stores to buy gold on the Day of the God of Wealth. Photo: Viet Anh

Ms. Nguyen Thi Lien said that she was present at "Golden Street" Tran Nhan Tong (Hanoi) from 5 am to buy gold to pray for good luck on the God of Wealth Day. "I don't buy a lot, I just buy a little to get good luck at the beginning of the year. Come early to reduce the crowd, after buying, I will have time to go home to work," she said.

This year, although the rain makes queuing more difficult than usual, she still maintains a comfortable mentality. She said she bought 2 taels of gold, one tael for her mother, one tael for herself, hoping the whole family will have a favorable year.

According to Ms. Lien, the store welcomes customers quite thoughtfully, preparing snacks and drinks for people waiting to buy. "After buying, I was also given a pretty small jar of salt, I was very happy because I had both gold and a little bit of luck," she said.

Người lao động mạnh dạn xuống tiền khi giá vàng giảm. Ảnh: Anh Tuấn
Workers boldly spend money when gold prices fall. Photo: Anh Tuan

Ms. Nguyet Anh, a worker at Bac Thang Long industrial park, also came to the gold and silver store on Cau Giay street from early morning to buy 5 phan of God of Wealth gold. However, she saw that gold decreased slightly this morning, so she boldly spent more to buy a full 1 chi.

Every year I buy a little to hoard, as well as hope for a smooth and lucky year of work," Ms. Nguyet Anh said.

Ms. Hong (from Hung Yen, housewife) carried her young child in her arms, came to Phu Quy gold shop early in the morning to buy a tael of gold to pray for good luck on the Day of the God of Wealth.

I also know that taking young children to buy gold early like this is hard, but there is no one at home to look after them, so I have to bring my children along. Going early only requires waiting for more than an hour to buy," Ms. Hong said.

According to Ms. Hong, her family's economy is not too abundant, so she only buys 1 tael of gold for good luck. "This year is also the same, buying a little gold with the hope that the family's work will be lucky and smooth.

Mr. Hien (from Hung Yen), a freelancer, shared that gold prices increased too quickly, making accumulation more difficult than before. According to him, at the beginning of last year, the lucky money for his children was still enough to buy a tael of gold, but this year it is no longer feasible.

As a freelancer with high and low monthly incomes, he said he still tries to save to buy a few taels of silver with the desire to get good luck at the beginning of the year.

Mr. Hien expressed: "This year switching to buying silver, changing a little. Last year, the income was not good, only at an average level, doing business was quite difficult, so I want to buy horse-shaped silver this year to pray for good luck.

Anh Tuấn
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