No longer long queues waiting to buy gold
At the weekend, recording at some gold trading stores in Hanoi, the number of customers coming to transact was quite sparse, no longer the scene of long queues or jostling to buy gold as before.
According to records, the store also does not apply a limit on the quantity of gold sold to customers as in times of sudden demand.
At a gold business store on Nguyen Van Cu street (Hanoi), Ms. Hoang Thuy Hanh (Long Bien ward) - said that she takes advantage of weekends when she has free time to come to the store to buy 2 taels of gold rings. According to Ms. Hanh, buying gold is currently quite convenient, customers do not have to wait long like times when demand is high.
On weekends, I take advantage of going to buy 2 taels of gold rings at a price of 14.69 million VND/tael. Today buying is quite convenient, no need to queue or wait long and goods are returned immediately" - Ms. Hanh shared.
People are cautious when spending money
Meanwhile, at a store on Tran Nhan Tong street (Hanoi), Mr. Ta Manh Luan (Bach Mai ward, Hanoi) came to the store but was still considering buying 1 tael of gold. What caught his attention was that the gap between the buying and selling prices is currently high.
I am considering buying 1 tael, but still have to calculate because the difference between the buying and selling price is about 4 million VND/tael. If the price fluctuates not much, then this difference is also something to consider" - Mr. Luan said.
Similarly, Ms. Nguyen Thi Hue (Hai Ba Trung ward, Hanoi), also believes that the difference between buying and selling prices is a factor to consider when deciding to buy gold.
Gold prices are high, so I am also more cautious. In addition to monitoring prices, I also pay attention to the difference between buying and selling prices before deciding to buy" - Ms. Hue said.
Gold price update
As of 11:00 AM, Phu Quy Gold and Gems Group listed the price of gold rings at 143-146.4 million VND/tael (buying - selling). The buying - selling difference is at 3.4 million VND/tael.
DOJI Group listed the price of gold rings at 143-147 million VND/tael (buying - selling). The buying - selling difference is at 4 million VND/tael.
At the same time, SJC gold bar prices were listed by DOJI at the threshold of 143-146 million VND/tael (buying - selling). The buying - selling difference was at 3 million VND/tael.
SJC gold bar price is listed by Bao Tin Minh Chau at 142.9-146 million VND/tael (buying - selling). The buying - selling difference is at 3.1 million VND/tael.
At 10:46 AM, world gold prices were listed around the threshold of 4,349.4 USD/ounce.
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...
