After fluctuations, gold ring prices tend to decrease, attracting the attention of people who need to buy gold.
Recorded at some gold shops on Tran Nhan Tong street (Hai Ba Trung ward, Hanoi) on September 5, the number of customers coming to transact was not too large. Some people chose the time when prices decreased to buy more accumulated gold, while others came to prepare gold for family needs.
Ms. Hoang Thuy Phuong (Hoan Kiem ward, Hanoi) said that on weekends she has free time, so she takes advantage of going to Tran Nhan Tong street to buy gold. Initially, she planned to buy 1 chi, but after seeing the price continue to decrease, she decided to buy 2 chi to accumulate.
According to Ms. Phuong, the number of customers at the store at the time she arrived was not too large. After about 20 minutes of waiting and completing the transaction, she received gold immediately.
Initially, I only intended to buy 1 chi, but seeing the price decreased, I decided to buy 2 chi. Buy to accumulate gradually, when there are conditions, buy more" - Ms. Phuong shared.
Meanwhile, Mr. Do Trung Tuan (Hai Ba Trung ward, Hanoi) said that he came to buy gold for the purpose of accumulating assets.
Instead of buying small quantities, I decided to buy 1 tael of gold" - Mr. Tuan shared.
After completing the transaction, he immediately received gold. For him, buying gold is a form of accumulating assets for a long time, instead of using the money for immediate spending needs.
Not only buying gold for accumulation, some people also go to gold shops to prepare for important family occasions.
At another gold shop, Ms. Do Thi Hue (Gia Lam commune, Hanoi) said that before getting married, she was given 5 taels of gold by relatives. However, later this gold was used by the family for work and expenses of the couple.
As the wedding day of her loved one approached, Ms. Hue took advantage of the time when gold prices decreased to buy gold as a congratulatory gift, and at the same time sent blessings to the young couple.
Previously, when we got married, I was given 5 taels of gold by relatives. Then my husband and I used the money from gold for work. This time the family has someone preparing for the wedding, so I took the opportunity to buy gold to celebrate and bless" - Ms. Hue said.
Gold price update
As of 12:00 PM, Phu Quy Gold and Gems Group listed the price of gold rings at 144.6-147.9 million VND/tael (buying - selling), down 1.2 million VND/tael in both buying and selling directions compared to yesterday morning.
DOJI Group listed gold ring prices at the threshold of 145.5-149.5 million VND/tael (buying - selling), down 500,000 VND/tael in both buying and selling directions.
At the same time, SJC gold bar prices were listed by DOJI at the threshold of 144.6-147.6 million VND/tael (buying - selling), down 1.5 million VND/tael in both buying and selling directions compared to yesterday morning.
SJC gold bar price was listed by Bao Tin Minh Chau at 146-150 million VND/tael (buying - selling), down 500,000 VND/tael in both buying and selling directions compared to yesterday morning.
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...
