Market less crowded, buyers calculate more carefully
At the weekend (September 19), the trading atmosphere at some gold shops in Hanoi was quite quiet, the number of customers coming to buy and sell was not too large. In the context of gold prices maintaining at a high level, buyers tend to choose quantities suitable for their needs.
At a gold business store on Tran Nhan Tong street (Hanoi), Ms. Le Ngoc Hoa (Bach Mai ward) just bought 3 gold rings.
Ms. Hoa said that a few months ago, when the gold market was bustling, many people came to stores to buy gold, she also took the opportunity to buy when needed. At that time, her gold buying psychology was quite simple, mainly determining the amount of money and quantity she wanted to buy and then going to the store to transact.
Currently, according to Ms. Hoa, the market is less crowded than before. Besides, the difference between buying and selling prices is quite high, making her consider more carefully before each transaction.
Before, I bought gold quite quickly, when I found it suitable, I bought it without thinking much. Currently, the price is still high but it has been lower than at the beginning of the year, the market is also less crowded, so I consider more carefully. Today I bought 3 taels of gold rings, after the transaction, I received gold immediately" - Ms. Hoa shared.
According to Ms. Hoa, buying gold today is mainly based on personal needs and financial capacity, instead of buying more just because many people trade together.
Meanwhile, at another store, Mr. Hoang Van Nam (Bach Mai ward) came to buy gold but did not aim to buy a large quantity.
Mr. Nam said that this time he bought gold according to his pre-determined needs. He only bought the necessary quantity, not buying more than planned.
I bought exactly 6 taels of plain round gold rings as planned before, without intending to buy more. The current gold price is quite high, so I determined to buy as much as needed" - Mr. Nam said.
Gold price update
As of 11:00 AM, Saigon SJC Jewelry Company listed SJC gold bar prices at the threshold of 144.6-147.6 million VND/tael (buying - selling). The buying - selling difference is at 3 million VND/tael.
Meanwhile, DOJI listed SJC gold price at the threshold of 144.6-147.6 million VND/tael (buying - selling). The buying - selling difference is at 3 million VND/tael.
At the same time, DOJI Group listed the price of gold rings at 144-148 million VND/tael (buying - selling). The buying - selling difference is at 4 million VND/tael.
Phu Quy Gold and Gems Group listed the price of gold rings at the threshold of 144.6-147.6 million VND/tael (buying - selling). The buying - selling difference is at 3 million VND/tael.
As of 11:00 AM, world gold prices were listed at the threshold of 4,377 USD/ounce, up 29.3 USD compared to the same time a week ago.
The information in the article is for reference only, reflecting market developments at the time of recording and not an investment recommendation. Investors need to carefully consider their financial capacity, personal goals and related risks before making a decision to buy or sell gold.
See more news related to gold prices HERE...
