Chinese girl, 10, buys gold to stop parents from spending her ang bao money, profits when gold value rises

Concerned that her parents might spend her ang bao money, a 10-year-old girl in Hebei, China bought gold with the money instead.

According to South China Morning Post (SCMP), her mother, Bai, said that the girl believes that gold is "easier" to safeguard than cash.

This paid off when the price of gold rose sharply.

Receives around S$730 during CNY

Bai said that her daughter typically gets around 4,000 yuan (S$730) each year during Chinese New Year.

In 2023, she started buying gold with the money she got as she was worried that her parents might spend it.

She also believes that gold is "easier" to protect than cash.

Gold prices increase

When she made her first purchase in 2023, gold was priced at around 460 yuan (S$84) per gram.

The price later increased to 1,100 yuan (S$200) per gram by February 2026.

Geopolitical issues, tariff threats by U.S. President Donald Trump and more have led to the increased value of gold in 2025.

The girl has around 30g of gold to date and has not sold any of it, with plans to buy more.

Earning praise online for her clever investment move, she has also since been dubbed a "genius" as prices continue to rise.

Bai, on the other hand, remarked that she regrets not buying gold when prices were lower.

Top photos via Canva