Gold Prices on Thần Tài Day

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Today's SJC Gold Prices on Thần Tài Day, predicting the gold prices for Thần Tài Day 2023

Gold Price on Thần Tài Day 2023

In previous years, Gold Prices on Thần Tài Day have consistently risen due to high demand. However, today's prices have surprised buyers with a downward trend. You can quickly and accurately update yourself on how much gold to buy on Thần Tài Day by referring to the details below.

With just a few days left until Thần Tài Day, many people are eagerly anticipating how the gold prices on Thần Tài Day will unfold. Not only are many interested, but some are also visiting reputable gold shops to purchase gold in hopes of attracting wealth and luck in the new year.

Today's SJC Gold Prices on Thần Tài Day, predicting the gold prices for Thần Tài Day 2023

Gold Price on Thần Tài Day 2023

Compared to the gold prices of the previous days, the gold price on Thần Tài Day, the 10th day of the Lunar New Year (which falls on January 31st in the Gregorian calendar), has experienced fluctuations, maintaining a downward trend, completely different from previous years.

* SJC Gold Prices

- SJC 99.99 Gold Rings, 2-Chi, 5-Chi in HCMC: Buying: 54,500 thousand/dam, Selling: 55,700 thousand/dam.
- SJC in Huế: Buying: 66,370 thousand/dam, Selling: 67,830 thousand/dam.

* DOJI Gold Prices* SJC Gold Prices at Selected Banks* Gold Prices from Major Institutions

* Prices of other types of gold:

- Prosperity Ring (1 Chi): Buying: 6.620 million/dam, Selling: 6.720 million/dam.
- Fortune Ring (2 Chi): Buying: 13.240 million, Selling: 13.440 million.
- Wealth Ring (5 Chi): Buying: 33.100 million, Selling: 33.600 million
- Gold 99.9: Buying: 5.320 million/dam, Selling: 5.5 million/dam.
- Gold 24k: Buying: 5.330 million/dam, Selling: 5.510 million/dam.
- Gold 18k: Buying: 3.895 million/dam, Selling: 5.465 million/dam.
- Gold 14k: Buying: 2.970 million/dam, Selling: 3.954 million/dam.

Currently in Ho Chi Minh City, numerous gold trading businesses and stores have posted buying and selling prices for gold, specifically:

- The buying price of SJC gold is 66.4 million VND/tael.

- The selling price of SJC gold is 67.4 million VND/tael.

Similar to SJC gold, the price of 99.99 gold on January 31, 2023 also increased, specifically:

- The buying price of 99.99 gold is 54.4 million VND/tael.

- The selling price of 99.999 gold is 55.7 million VND/tael.

People have started flocking to stores to buy gold for reserves as well as to seek luck and prosperity in the new year. Alongside this, the market for buying items for Thần Tài offerings is also bustling, with the demand for snakehead fish, commonly used for grilled dishes, soaring and making it scarce for regular consumers to buy.

Frequently Asked Questions

What factors influence the gold prices on Thần Tài Day each year?

Several factors influence gold prices on Thần Tài Day, including demand fluctuations, global market trends, and local buying behaviors. Historically, high demand has led to price increases, but in 2023, prices exhibited a downward trend. Understanding these factors can help buyers make informed purchasing decisions.

How do today's SJC gold prices compare to last year's prices on Thần Tài Day?

Today's SJC gold prices have shown a significant decline compared to last year. For instance, in Ho Chi Minh City, the current buying price for SJC gold is 66.4 million VND per tael, while the selling price is 67.4 million VND per tael, reflecting a different market trend than previous years.

Are there specific gold items that are particularly popular for purchase on Thần Tài Day?

Yes, certain gold items are especially popular on Thần Tài Day. Items like gold rings, particularly the Prosperity Ring and Fortune Ring, attract buyers who believe these pieces symbolize wealth and luck. The tradition of buying gold items on this day is deeply rooted in cultural beliefs, driving high demand.

What is the significance of gold buying during the Thần Tài Day celebration?

The significance of buying gold on Thần Tài Day lies in the belief that it brings prosperity and good luck for the upcoming year. Many individuals visit reputable gold shops during this time, seeing gold as a tangible investment that holds cultural and financial value, especially at the start of the Lunar New Year.

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