On July 30, domestic gold prices rebounded after the positive developments of the world market, attracting many people to gold shops on Cau Giay street (Hanoi) to trade. However, the number of customers was not too large, and trading activities were stable. Many people waited to buy, while many customers who brought gold to sell still hesitated before deciding to take profits.
In the transaction waiting area, Ms. Do Thuy Lien (Cau Giay ward, Hanoi) said that she had been monitoring gold prices for many days and decided to buy a quantity of gold rings this morning.
I see that gold prices have just increased again. I think the price still has room to increase in the coming time, so I take advantage of buying more to accumulate. I have no intention of surfing, but determine to keep it for a long time" - Ms. Lien shared.
According to Ms. Lien, although the current price is higher than a few days ago, gold is still a safe asset holding channel in the context of many fluctuations in the financial market.
Also present at the store this morning, Mr. Bui The Trung (Nghia Do ward, Hanoi) is waiting for his turn to transact to buy two gold rings after many days of monitoring market developments.
I used to wait for further price adjustments but it was not as expected. Seeing the price turn around and increase again, I decided to buy today. I am still monitoring the price list, if the price level is suitable, I will trade immediately, because the more I hesitate, the price may increase even higher" - Mr. Trung shared.
Mr. Trung said that the amount of money he plans to buy gold is his family's savings. Although he knows that gold prices may still fluctuate in the near future, he still chooses to buy to accumulate for the long term because he believes that this is a relatively safe asset holding channel.
Contrary to the psychology of buyers, Ms. Nguyen Thi Huong (Lang ward, Hanoi) brought gold to sell but continuously considered before making a decision.
I bought gold quite a long time ago, so I am currently profitable. Initially, I intended to sell it to have money to solve family matters, but when I saw the price is increasing again, I was hesitant. If I sell now and the price continues to rise in a few days, it will be a pity" - Ms. Huong shared.
After consulting the listed price, she has not yet decided to sell. She said she will continue to monitor market developments before making a final choice.
Gold price update
As of 2:05 PM, Phu Quy Jewelry Group listed SJC gold bar prices at 137.7-141.7 million VND/tael (buying - selling), an increase of 1.2 million VND/tael in both directions compared to yesterday morning.
SJC gold bar price was listed by DOJI Group at the threshold of 137.7-141.7 million VND/tael (buying - selling), an increase of 1.2 million VND/tael in both directions compared to yesterday morning.
At the same time, Phu Quy Jewelry Group listed the price of gold rings at the threshold of 137.7-141.7 million VND/tael (buying - selling), an increase of 1.2 million VND/tael in both directions compared to yesterday morning.
Bao Tin Minh Chau listed the price of gold rings at the threshold of 1391 - 143 million VND/tael (buying - selling), an increase of 2 million VND/tael in both directions compared to yesterday morning.
At 2:14 PM, world gold prices were listed around the threshold of 4,046.1 USD/ounce.
See more news related to gold prices HERE...
