According to Lao Dong, on May 31 at some large gold stores in Ho Chi Minh City, the number of customers coming to trade unexpectedly decreased slightly compared to previous days.
Present at a store in Binh Thanh District, Mr. Tran Van Hieu, living in Go Vap District, shared: I have a feeling that the gold market is about to adjust even more deeply. Now that I have bought it, I can easily get into the top. Today I sold a little gold and did not choose to buy at this time.
Meanwhile, Ms. Nguyen Thanh Truc - owner of a gold shop near Ben Thanh market, shared: "Since the beginning of the week, gold prices have tended to decrease slightly. The number of customers buying gold is very small, only a few people come to ask for the price and then stop. They are waiting to see if the price will drop further.
At 2:00 p.m. on May 31, in Ho Chi Minh City, the price of SJC gold bars was listed by Saigon Jewelry Company SJC at VND 115.70 - 118.20 million/tael (buy - sell), DOJI Group listed 115.70 - 118.20 (buy - sell).
The price of gold rings at DOJI is listed at 111 - 113.50 million VND/tael (buy - sell). Saigon Jewelry Company SJC listed 110.50 - 113.50 (buy - sell).
On May 31, regarding the results of the inspection of gold trading activities announced by the State Bank Inspectorate, the representative of Phu Nhuan Jewelry Company (PNJ) said: PNJ always tries at the highest level to comply with and strictly comply with State regulations and laws in gold and jewelry trading activities. The company also always promotes transparency, always trying to fully comply with legal regulations on accounting regimes, issuance and use of invoices and documents; on tax declaration and performance".
The company acknowledged the shortcomings in the business process that the inspection team has helped in the 2024 inspection. The company has actively fixed all the points that the inspection team has shown, helping the company to complete its operation since 2024.
PNJ Company has also proactively requested the authorities to take steps to investigate and clarify the unclear points recorded in the minutes. The company is committed to continuing to proactively cooperate professionally and transparently to clarify with the authorities soon.
PNJ hopes that gold market management will soon be implemented in the direction of helping the market develop in a healthy and sustainable way in the long term, bringing benefits to consumers and the economy.
