At the end of the recent trading session, the domestic gold market increased and decreased alternately. Today (May 13), plain round gold rings and domestic gold bars returned to a downward trend. Compared to the same time last month, gold prices have decreased by about 6.5 million VND/tael in the buying - selling direction.
At the gold business store on Cau Giay street (Hanoi), the number of people coming to buy is busier than the selling direction. According to information released from the store, the amount of plain round gold rings bought and sold today is unlimited. The store opens for sale plain round gold rings according to the actual quantity and returns gold directly.
Coming to the gold shop to trade in the afternoon to buy this morning, Ms. N.H. H (Nghia Do ward, Hanoi) shared: "Compared to previous days, today's store is quieter, it's easier to queue to buy immediately. I arrived 30 minutes after opening hours but was allowed to trade at about 10 minutes. Prices are fluctuating at this time, so I waited after adjustment to decide whether to buy or not".
According to Ms. H, buying plain round gold rings is a way for her to save money, spending a small amount each month to accumulate, even just 0.5 taels of plain round gold rings.
Sharing the same view, Mr. N.T. C (Yen Hoa ward, Hanoi) - a customer who bought plain round gold rings this morning - said: "I was quite surprised by the store this morning because it was not too crowded, the transactions took place sequentially. I plan to buy 3 taels of plain round gold rings, the price is also quite low, so I take advantage of accumulating assets".
Jewelry items also attract the attention of people. Mr. N.V.C (Xuan Phuong ward, Hanoi) said: "I went to see jewelry so I don't need to go too early, I can buy it right away. My niece is getting married soon, so I went to buy souvenirs for her. According to family tradition, I still want to maintain it".
Gold price update
As of 4:05 PM on May 13, SJC gold bar prices were listed at the level of 162-165 million VND/tael (buying - selling), simultaneously decreasing by 500,000 VND/tael.
Bao Tin Minh Chau listed SJC gold bar prices at the threshold of 162-165 million VND/tael (buying - selling), down 500,000 VND/tael in both directions.
At the same time as the survey, the price of SJC plain round gold rings tended to decrease, listed at 161.8-164.8 million VND/tael (buying - selling).
Bao Tin Minh Chau listed gold ring prices equal to gold bar prices, currently at the threshold of 162-165 million VND/tael (buying - selling), down 2 million VND/tael in both buying and selling directions.
On the world market, as of 4:07 PM on May 13 (Vietnam time), world gold prices had a downward adjustment, listed around the threshold of 4,698.7 USD/ounce, down 15.7 USD.
