Hai Phong gold and silver street "cools down" on God of Wealth Day

    Mai Dung |

    Not as bustling as every year, on the God of Wealth's day this year, Cau Dat Street - where the most gold and silver shops are concentrated in Hai Phong - became unusually deserted.

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    Cau Dat Street, Ngo Quyen District is known as Hai Phong's gold and silver street because it has dozens of shops selling gold, silver, and precious stones.
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    According to Lao Dong Newspaper, at 8:30 a.m. on February 7, the 10th day of the first lunar month - the day of the God of Wealth, the atmosphere of gold and silver shopping in this area was somewhat gloomy. Large gold and silver stores also had only a few customers.
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    Many gold and silver shops do not even have a single customer on the morning of God of Wealth's day.
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    The shopping atmosphere on the morning of God of Wealth's day became unusually gloomy.
    Mac du cac cua hang da chuan bi nguon hang doi dao voi du cac mat hang nhu: Vi vang Kim Than tai, vi vang Than tai, nhan kim tien tai loc, nhan tron tron cung cac san pham che tac tu vang… dap ung nhu cau cua khach hang. Tuy nhien, suc mua duoc cac cua hang nhan dinh la giam so voi moi nam.
    Although the stores have prepared abundant supplies with a variety of items such as: Kim Than Tai gold trays, Than Tai gold trays, Kim Tien Tai Loc rings, plain round rings and other gold products... to meet customers' needs. However, the purchasing power of the stores is said to have decreased compared to previous years.
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    According to records, the price of gold on God of Wealth Day increased by VND700,000 per tael due to high domestic demand and rising world prices. SJC gold rings and bars reached VND90.3 million per tael. An employee of a gold shop on Cau Dat Street said: The purchasing power on the morning of God of Wealth Day decreased partly because customers had bought in the previous days because they were worried about the high price of gold on God of Wealth Day.
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    Stores have implemented many customer care activities on the day of the God of Wealth. Ms. Huyen Trang (Thien Loi street, Le Chan district) said - "Every year, my family buys gold on the day of the God of Wealth to pray for good luck in business all year round. This morning, I bought 1 tael of gold ring for more than 9 million VND. Because there were few customers, buying and selling was very convenient and quick."
    Mai Dung
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