Close to the God of Wealth Day, people line up to buy gold to "bring fortune" at the beginning of the year

Hạ Linh |

Hanoi - On the morning of February 25th, gold prices continued to increase, gold stores were bustling near the God of Wealth Day, people lined up to buy.

This morning, the price of plain round gold rings and domestic gold bars continued to adjust upwards at most brands. At gold business stores on Cau Giay street, Hanoi, the scene of customers queuing to buy is bustling.

Tính đến 10h58, phía trước cửa hàng kinh doanh vàng vẫn tấp nập người mua vào - bán ra. Ảnh: Hạ Linh
As of 10:58 am, the front of the gold business store is still bustling with buyers and sellers. Photo: Ha Linh

Talking to reporters, the store staff said that this morning the store was crowded with people, at this time customers were starting to disperse. According to regulations, customers who transact in cash are allowed to buy 1 chi, and for the form of transfer, people who need to buy are allowed to trade 1 tael of gold.

In order to optimize customer waiting time, the store has arranged many transaction counters and automatic payment machines. Ms. Bui Lan Anh (Tay Ho ward, Hanoi) - a customer who needs to buy - said: "Near the God of Wealth Day, I only buy 1 chi to pick fortune at the beginning of the year, not a trader. I and my husband went to buy, each person bought 1 chi and in cash. Although we have to wait because these days the stores are all crowded, the transaction time is quite fast".

Cửa hàng bố trí linh hoạt máy thanh toán tự động giúp rút ngắn thời gian chờ đợi của khách hàng. Ảnh: Hạ Linh
The store flexibly arranges automatic payment machines to help shorten customers' waiting time. Photo: Ha Linh

Having bought gold rings many times at gold business stores during the year, Mr. Do Minh Nhat (Thinh Quang ward, Hanoi) took advantage of going before the main holiday to buy them.

Last year I invested quite a lot in gold, but every year, I go to buy gold on the occasion of the God of Wealth, just like the old saying "Buy salt at the beginning of the year, buy lime at the end of the year". Instead of buying salt, I buy 1-2 taels of gold to hope for a year of fortune" - Mr. Nhat shared.

Similarly, Ms. Nguyen Nhu Mai (Lang Thuong ward, Hanoi), buying gold on the day of the God of Wealth has become a custom. "After Tet, from the lucky money of my children, I usually deposit it in the bank for summer travel. This year, I switched to the gold channel hoping to make a little profit until then. Even the older children told their mother to hold it to buy gold" - Ms. Mai said.

Ms. Mai added that on this occasion, her family usually buys a little of each product, both praying for a prosperous new year and giving gifts to her parents. "This year, I see that gold shops all have their own products, many positions, quantities, and are quite easy to buy. I will buy more 0.1 only position products to give to my parents and relatives" - Ms. Mai said.

Recorded at other gold shops on Cau Giay street, besides those who buy to "bring fortune" at the beginning of the year, there are also many customers selling to take profits. Ms. Vu Thi Hue (Cau Giay ward, Hanoi) shared: "Selling does not require waiting or queuing, entering the store you can transact immediately. I bought at the time of 16.8 million VND/tael, usually the God of Wealth price is quite high and profitable, so I sold. However, I could only receive money in my hands after 1 hour due to the large quantity".

Phía bên ngoài cửa hàng, lượng người xếp hàng đông dù đã đến gần giờ trưa. Thời tiết mưa phùn, nhiều người mang theo ô, sẵn sàng túc trực. Ảnh: Hạ Linh
Outside the store, the number of people queuing is crowded even though it is almost noon. It is drizzling, many people bring umbrellas, ready to be on duty. Photo: Ha Linh

Gold price update

As of 11:44 AM, SJC gold bar prices were listed by DOJI Group at the threshold of 182.3-185.3 million VND/tael (buying - selling), an increase of 700,000 VND/tael compared to the previous closing session.

SJC gold bar prices were listed by Bao Tin Minh Chau at the threshold of 182.3-185.3 million VND/tael (buying - selling), simultaneously increasing by 700,000 VND/tael. The difference between buying and selling prices is at the threshold of 3 million VND/tael.

At the same time, Bao Tin Minh Chau listed the price of gold rings at 182.3-185.3 million VND/tael (buying - selling), an increase of 700,000 VND/tael in both buying and selling directions.

On the world market, as of 11:50 am on February 10 (Vietnam time), world gold prices had a downward adjustment, listed around the threshold of 5,181.4 USD/ounce, up 38.9 USD.

Hạ Linh
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