Sisters Amass Over 40 Grams of Gold Using Lunar New Year Money Over Three Years

Deep News
02/18

In February, during the Lunar New Year period, gold counters at major jewelry stores in Hangzhou were bustling with customers. The two daughters of a local resident, Ms. Ma, made a rather unique decision—to purchase gold. The elder sister, currently in her second year of middle school, and the younger sister, in sixth grade, began this practice three years ago when the elder sister suddenly suggested, "Mom, can we use our Lunar New Year money to buy gold too?" After receiving approval, each contributed over 10,000 yuan from their savings to acquire gold beans with nearly zero processing fees. After three years, each sister now holds more than 40 grams of gold. With the recent rise in gold prices, the value of their small treasuries has quietly doubled. "The original intention of letting the children manage their money was never about making a profit," Ms. Ma explained. "It was simply about teaching them to take responsibility for their finances. What they’ve gained now goes far beyond just a few gold beans."

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