Online gold trading expected for God of Wealth Day
God of Wealth Day - on the 10th day of the lunar year, or February 21 this year - will still be celebrated but no one will be queuing up to buy gold, experts have said.
Hanoi (VNA) - God of Wealth Day - on the 10th day of the lunar year, or February 21 this year - will still be celebrated butno one will be queuing up to buy gold, experts have said.
Given the latest outbreak of COVID-19, gold and jewellery firms,including major businesses like DOJI and PNI, have stepped up online sales,with various promotional programmes in place.
According to legend, the God of Wealth returned to heaven on the 10thday of the first lunar month, so people traditionally buy gold on that day toensure good luck and prosperity throughout the year. In recent years, peoplehave queued up from 3 or 4 am to buy their “lucky” gold.
Together with ordinary gold items, items for sale include charmbracelets made from 24k and 18k gold. Those in the shape of animals are popular.
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The domestic gold market is heating up with gold shops introducing various products to take advantage of huge demand on the God of Wealth Day - the 10th day of the Lunar New Year, which falls on February 14 this year.
Domestic gold market heats up with gold shops introducing various products to take advantage of huge demand on God of Wealth Day, which falls on the 10th day of the Lunar New Year (February 14).
The gap between the gold buying and selling prices on the God of Wealth Day is wider than ever. In some gold stores, the gold selling price is even double the buying price.
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Illustrative photo (Source: pnj.com.vn) 
