Gold prices cool down, people in Ho Chi Minh City take advantage of buying jewelry

HẠ MÂY |

Gold prices have cooled down, many people in Ho Chi Minh City are taking advantage of buying rings, necklaces, bracelets and wedding gold to use in combination with accumulation.

At a gold shop on Bui Huu Nghia street, stalls selling necklaces, bracelets, women's rings and wedding gold continuously have customers choosing products. Meanwhile, the gold bar and gold ring trading area is no longer crowded like when gold prices peaked in March.

Having just completed the procedures to pay for a gold bracelet worth nearly 18 million VND, Ms. Nguyen Thuy Duong (Gia Dinh ward) said that she had been following this product for many months but had not bought it because gold prices were continuously increasing.

When the gold price was too high, I only followed the situation, not daring to spend money. Now the price has dropped quite a lot, so I decided to buy it right away. Jewelry can be used daily and considered as a gold savings" - Ms. Duong shared.

Người dân TPHCM chọn mua nữ trang khi giá vàng hạ nhiệt. Ảnh: Hạ Mây
People in Ho Chi Minh City choose to buy jewelry when gold prices cool down. Photo: Ha May

Similarly, Mr. Tran Van Nga (An Nhon ward) brought his wife to choose a ring and necklace to prepare for the wedding in August 2026. According to Mr. Nga, the decrease in gold prices helped the couple save a significant amount of money.

We planned to buy gold a few months ago, but the price was high, so we hesitated. Currently, the price has stabilized, so we are taking advantage of buying early to avoid fluctuations later" - Mr. Nga said.

Recorded at many large gold shops in Ho Chi Minh City, the number of customers coming to transact in recent days is mainly buyers. However, there is no longer the scene of spending hundreds of millions of VND like during the period when gold prices were hot, most customers currently only choose to buy 1-2 taels of gold or jewelry products of moderate value.

At about 9:45 am on June 4 in Ho Chi Minh City, SJC gold bar prices were listed by SJC enterprises at 153.5 million VND/tael for buying and 156.5 million VND/tael for selling; at Mi Hong it was 153.8 - 155.5 million VND/tael.

The price of gold rings at SJC is at 153.3 - 156.3 million VND/tael (buying - selling); while at Mi Hong it is 153.8 - 155.5 million VND/tael.

HẠ MÂY
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