Late afternoon, people still crowded to buy gold on God of Fortune Day.

• February 28, 2015 19:52

(Baonghean.vn) - January 10 is God of Wealth Day. According to folk beliefs, buying gold on God of Wealth Day will bring luck and fortune all year round. Therefore, on February 28, January 10, according to the reporter's records, many people in Vinh city crowded to buy gold for luck.

From early morning, the North Central Gold and Silver Center was packed with people. Right in front of the counter, there was a red banner: "January 10th - God of Wealth day to buy gold for good luck at the beginning of the year". It was so crowded that many people had to wait for an hour to buy gold, but everyone was happy to buy gold today. Many people could not get gold in the morning, and had to come back to get their gold in the afternoon.

Tấp nập khách vào ra tại tiệm vàng Kim Thành Huy

Bustling customers coming and going at Kim Thanh Huy gold shop

Ms. Nga in Quan Bau Ward went with her daughter and said, "This year I bought 1 tael from my child's lucky money, both for luck and to save for when she needs something later." In the afternoon, at the gold shops, people were as crowded as a festival. Coming out of the crowd, sweating profusely, Ms. Lan Anh in Le Mao Ward still smiled and shared: "I bought 1 SJC gold bar in the morning hoping for a year of good luck and plenty of money. In the afternoon, I called my mother and sister to buy it together for luck. Although it was a long wait and quite tiring, it was okay because this was the only day of the year.

Anticipating that customers would increase dramatically on God of Fortune Day, the North Central Gold Branch arranged to increase staff, from 5 people on normal days to 20 people, but was still overloaded. Mr. Nguyen Duy De - Deputy Director of the branch said: We prepared 1,000 taels of gold to sell during the day, but by the end of the afternoon, we had basically sold out. At the 3 points of sale of the branch in the city (Nguyen Van Cu, Quang Trung and Vinh market), there were many customers. Last year there were about 2,000 customers, but this year it is expected to increase 3 times. All customers who buy gold are issued invoices. In addition to gold jewelry with a variety of new designs, there are round rings with blister-pressed rings, plain round rings, round rings with the God of Wealth statue and the shape of the lucky money tree. In the morning, 100 taels of gold with the God of Wealth statue and the lucky money tree were sold out. Many customers asked for this type in the afternoon, but there was none to sell. “God of Wealth Day is becoming more and more known to the public, the number of customers has increased over the years. Normally we close at 5pm but today we will serve people until 10pm.” - Mr. De added.

When arriving at Cao Thang Street - where many gold shops are concentrated, right in front of Vinh market, there was a traffic jam. At Kim Thanh Huy gold shop, people were still crowded inside and outside to buy gold. Meeting Ms. Hong and her children in Van Tien - Hung Dung block, she also happily said: Being a farmer is not very rich, but last Tet, my son who works in the South came back and gave my parents some money to spend on Tet, so I contributed to buy a gold thread for luck.

Thành phố lên đèn người đổ xô mua vàng càng đông

The city lights up but more and more people rush to buy gold. Photo by Thu Huong

At this gold shop, at 4pm, some people came out to announce that they had run out of 1-chi round rings. The gold shop owner said: The amount of gold sold has not been counted yet, but today the number of customers increased dramatically, many times more than usual. Customers mainly bought 5-chi and 1-chi rings, very few people bought large quantities.

At 5:00 p.m. this afternoon, all gold shops were "out of stock" of round rings from 5 centimeters to 3 chi. We were present at the gold shops Kim Thanh Huy, Kim Dung Thong and Kim Hoa (Vinh City), people were still crowded together to buy gold. It is worth mentioning that most of the 3 gold shops mentioned above were "out of stock" of round gold, out of round gold from 5 centimeters to 3 chi, many people accepted to buy 5 chi round rings, buy necklaces. Some bought at least once, some bought 5, 7 times, some bought dozens of times. Mr. Nguyen Hoang Phuong in block 12 - Le Loi ward happily said: "Today I went to the gold shop dozens of times, bought for my wife and I, bought for my children, grandchildren....". "Why haven't you come back yet after buying it?". "There are no more 3 chi round gold, have to buy 5 chi so I'm going to withdraw money...". Ms. Tran Thi Que in Ben Thuy ward complained: "I planned to buy it for luck so I didn't bring much money. When I got here, I found out that there were only round threads. I begged the previous buyer to sell it for 3,600 thousand (200 thousand more expensive) but no one sold it..."

Surveying the gold market price on God of Wealth Day, private gold prices are basically consistent. The listed price of Kim Thanh Huy store: 9999 gold is bought at 3,180,000 VND, sold at 3,400,000 VND; SJC gold is bought at 3,500,000 VND, sold at 3,620,000 VND. At Phu Nguyen store, SJC gold is 10,000 VND higher per tael in both buying and selling directions. However, the difference between buying and selling for gold in the North Central region is lower. SJC gold is bought at 3,555,000 VND, sold at 3,585,000 VND; 9999 gold is bought at 3,305,000 VND, sold at 3,395,000 VND. That is the reason why the North Central Gold Center is trusted and chosen by many people because of the state gold brand, the low price difference between buying and selling is more favorable when there is a need to sell and more importantly, the gold quality is guaranteed.

According to Circular 22/2013/TT-BKHCN, regulations on measurement management in gold trading and quality management of gold jewelry and fine art circulating on the market. Implementing this regulation, the most difficult thing is to limit the error of gold content in gold jewelry and fine art products. Because according to the Circular, the error limit of the test results to determine gold content is specifically regulated as follows: 1% for gold with content from 99.5% or more; 2% for gold alloy with content from 80% to less than 99.9%; 3% for gold alloy with content under 80%. Thus, only businesses with modern and advanced production lines can meet the strict conditions of Circular 22. That is also the reason why not all gold shops are crowded. Some shops have few customers on this day because of lack of reputation.

God of Wealth Day has a spiritual meaning, so customers mainly buy and the number of customers has increased compared to previous years. Despite the difficult economic situation, people's demand for gold has not been affected.

Here are some pictures of Vinh City residents buying gold in the late afternoon of January 10: