After two days of uncostified weekends, today, domestic gold ring and gold bar prices reversed to decrease at some brands.
At gold business stores on Cau Giay street, Hanoi, customers can easily transact in a short time, no longer having to jostle and wait for many hours.
According to information from stores, the quantity of plain round gold rings sold this morning is unlimited. Customers can buy and sell according to actual needs.
According to the loan agreement, Ms. Nguyen Tung Chi (Nghia Do ward, Hanoi) had to repay with plain round gold rings. She shared: "At a time when gold prices were high, I was only worried that the borrower would demand repayment at that time. If I had to repay, the gold price at the time of borrowing and repayment would differ by about 5 million VND/tael. Last week, the borrower sent a message about the repayment time, so I took advantage of today to reduce it slightly, so I bought it.
According to Ms. Chi, borrowing and repaying with gold is based on a civil agreement, signed by both parties, so compliance is required.
Although there is no longer a crowded scene, some people still have to queue by turn. Mr. Le Minh Tuan (Thanh Xuan ward, Hanoi) - a customer who needs to buy - said: "I am still familiar with two forms of accumulation: bank savings and buying plain round gold rings. I plan to divide the middle quarters of the year to buy gold, and at the end of the year and the beginning of the year, when there is a large amount of money enough to generate profits, I will deposit it in the bank.
Mr. Tuan added: "Today I bought an extra 1 chi of plain round gold ring. The trading atmosphere at the gold store is stable. After only 15 minutes, I can hold the gold in my hand.
Besides those who need to buy, with information about recent gold brands, Ms. Vu Thu Minh (Cau Giay ward, Hanoi) said: "When I came to the store, there were about 3-4 people transacting at the automatic payment machine. These are people who bought by bank transfer and over 1 tael of gold. I was convenient, so I stopped by the store to check the price, I have no intention of depositing money".
Ms. Minh acknowledged that because gold prices fluctuate daily and there is a lot of information about violations by gold shops, it somewhat affects the psychology of buyers.
Not everyone comes to buy, some people just ask and leave, considering more context to invest later," Ms. Minh shared.
Gold price update
As of 11:15 am on August 10, SJC gold bar prices were listed at the level of 140.5 - 143.5 million VND/tael (buying - selling), simultaneously decreasing by 500,000 VND/tael.
Bao Tin Minh Chau listed SJC gold bar prices at 140 - 143.5 million VND/tael (buying - selling), both down 500,000 VND/tael.
At the same time as the survey, the price of SJC plain round gold rings tended to decrease, listed at 140 - 143 million VND/tael (buying - selling), down 500,000 VND/tael.
Bao Tin Minh Chau listed the price of gold rings equal to the price of brand gold bars, currently at the threshold of 140.5 - 144.5 million VND/tael (buying - selling), a difference of 4 million VND/tael in both directions.
On the world market, as of 11:15 am on August 10 (Vietnam time), world gold prices diễn biến in a downward direction, listed around the threshold of 4,330.3 USD/ounce, down 10.9 USD.
* The article has renamed the character
