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The annual God of Wealth Day takes place on the 10th day of the first lunar month. Thus, the day of the God of Wealth in 2024 will be February 19.2.2024, XNUMX.
Every year, on the day of the God of Wealth, many people buy gold with the concept of good luck. In gold trading streets, it is not difficult to see people lining up outside gold shops from 3 to 4 a.m. to be the first to buy gold on this day.
This leads to many risks when the price of gold is pushed to a high level and then suddenly drops to a low level in one day. In addition, the difference between buying and selling on this day was also pushed to a very high threshold, leading to many gold traders facing the risk of heavy losses. Especially in the context of the current SJC gold price being pushed up much higher than every year, usually at the threshold of 1-2,5 million VND/tael.
Therefore, experts say that people should not rush to buy gold on this day. If you are superstitious, you should only buy one thread for “luck” and to be happy and mentally comfortable. If you buy a lot, investors will lose money when the gold price turns down after the day of the God of Wealth.
Representatives of major gold, silver and gemstone brands said that the gold products that consumers have chosen to buy a lot in recent years on the day of the God of Wealth are Thang Long 9999 dragon gold; 14K, 18K, 24K gold jewelry…
People also often tend to choose to buy two products on God of Wealth day: plain round rings from 2 to 0,5 taels and gold bars. These products not only ensure the value of gold to be used as savings, but also do not cost too much money to make, and are jewelry that can be worn all year round for good fortune.
Representative of a large gold and silver trading company in the area Ha Noi said, if choosing to buy a plain round ring, people should choose to buy a plain round ring pressed in a blister to ensure quality. If buying gold bars, it is necessary to have a serial number, check the age of the gold, as well as invoices and documents to avoid buying fake gold.