Via God of Wealth Day (the 10th of the first lunar month) is an important occasion for many to buy gold, hoping for fortune and a smooth-sailing year. However, buying gold doesn’t always guarantee good luck. To ensure that purchasing gold on Via God of Wealth Day brings you benefits, keep in mind these five essential tips.
1. Choose the right type of gold for your purpose
Keep these five essential tips in mind to ensure that buying gold on Via God of Wealth Day brings you benefits.
Buying gold on Via God of Wealth Day holds both spiritual and financial significance. Therefore, clarify your intention for purchasing gold:
If you aim to accumulate wealth, opt for gold bars or plain 24K gold rings as they offer higher value and liquidity.
For those seeking good luck, consider gold jewelry, gold charms, or a gold statue of the God of Wealth. However, gold jewelry usually includes additional craftsmanship costs, potentially making it pricier than gold bars.
2. Select a reputable gold dealer
On Via God of Wealth Day, the demand for gold surges, leading to an influx of low-quality gold and price hikes. To avoid purchasing inferior gold, opt for reputable brands like SJC, DOJI, PNJ, and Bao Tin Minh Chau, which offer assured quality and transparent pricing.
3. Pay attention to gold prices and market fluctuations
Gold prices tend to spike on Via God of Wealth Day due to heightened demand. If you’re buying for good luck, consider purchasing a smaller amount to minimize financial impact. For investment purposes, consider buying gold before or after this day to secure better prices. Stay updated with market dynamics to make informed decisions.
4. Buy gold during auspicious hours
According to feng shui beliefs, buying gold during auspicious hours can attract wealth and luck. These hours vary annually but typically occur in the morning. Consult the lunar calendar or feng shui experts to identify the most favorable time.
5. Take care of your gold and avoid reselling
Gold bought on Via God of Wealth Day holds spiritual significance, leading many to believe that it shouldn’t be sold but kept as a lucky charm throughout the year. If you buy gold for good luck, store it safely to prevent loss or damage. For investment purposes, monitor the market and sell only when the price meets your expectations.
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