At the end of the recent trading session, the domestic gold market moved sideways. This morning (April 30), plain round gold rings and domestic gold bars recorded low prices. Compared to the same time last month, the price of gold bars and gold rings decreased by 7.8 million VND/tael in both buying and selling directions.
At gold business stores on Cau Giay street (Hanoi), lively scenes continued to take place on the first day of the holiday. According to information released from the store, the amount of plain round gold rings sold today is a maximum of 1 tael of gold.
On the occasion of the long holiday, Ms. La Thu Huong (40 years old, Ho Chi Minh City) - a customer who needs to buy - shared: "I came from the South to the North more than 1,500 km to visit my hometown in Ha Nam (old), now Ninh Binh. Taking advantage of this time, my family and I went to Hanoi to visit, have fun and visit gold brands to buy as souvenirs".
According to Ms. Huong, in her hometown of Ba Ria - Vung Tau, there is not much branded gold, mainly buying private gold or ordering online. "I buy it as a souvenir, so I don't care how limited the store is, only about 1 tael of gold" - Ms. Huong said with a smile.
Meanwhile, Mr. B.C.T (Phu Dien ward, Hanoi) - queuing to wait to buy in - said: "I buy to pay off debts, so if the store only limits 1 chi or a small quantity, it's a bit difficult. I see the price is low, so I'm taking advantage of buying in, completing the remaining loan amount but having to sit and wait like a coupon.
Besides the long queue from the 2nd floor to the 1st floor, the number of people coming to sell increased sharply compared to the same time yesterday morning. Ms. N.T. T. V (Lang ward, Hanoi) - a customer who needs to sell - shared: "Customers waiting to sell will sit on the 1st floor, call in order, come to the store to receive tickets and fill in information. I, number 50, am waiting to sell to take profits. I am worried that gold prices will continue to decrease, so I take advantage of the holiday, without being bothered by time, to trade.
Gold price update
As of 10:45 am on April 30, SJC gold bar prices were listed at 163-166 million VND/tael, down 3.3 million VND/tael on the buying side and 2.8 million VND/tael on the selling side compared to yesterday's trading session.
Bao Tin Minh Chau listed SJC gold bar prices at 163-166 million VND/tael (buying - selling), unchanged compared to the previous closing session.
At the same time as the survey, SJC listed the price of plain round gold rings at 162.5-165.5 million VND/tael (buying - selling).
Bao Tin Minh Chau listed the price of gold rings equal to the price of gold bars, currently at 163-166 million VND/tael (buying - selling).
On the world market, as of 10:47 AM on April 30 (Vietnam time), world gold prices have recovered, listed around the threshold of 4, 558.9 USD/ounce, up 16 USD.
