After the weekend anchored in the high price zone, this morning, the price of plain round gold rings and domestic gold bars reversed to decrease at most brands. At gold business stores on Cau Giay street, Hanoi, the scene of customers with buying needs differs from the number of people coming to sell.
According to information released from the store, the quantity of plain round gold rings sold this morning is unlimited. Customers are allowed to buy and sell according to actual needs.
Having bought gold many times at gold businesses on Cau Giay street, Ms. Bui Nhu Tuyet (Nghia Do ward, Hanoi) said: "When I queued, there were about 3-4 people transacting at the automatic payment machine. These are people who bought by bank transfer and over 1 tael of gold. I plan to buy 2 taels of gold to accumulate more".
Ms. Tuyet added that because gold prices fluctuate daily, many people only refer to the price level. "Not everyone comes to buy, some people just ask and leave, considering profits and losses to invest" - Ms. Tuyet shared.
For those who need to sell to take profits, queuing does not require long waiting. However, the number of customers who need to sell is higher than the number of buyers.
After only about 10-15 minutes, Ms. Bui Thu Phuong (Cau Giay ward, Hanoi) shared: "I bought it when gold prices were only from 80-90 million VND/tael, selling it at any time will be profitable. However, this time there is something to use, I sell it to both solve personal matters and make a considerable profit.
As for those who "bottom-fish" for about 1 month now, such as Mr. Do Duc Hung (Lang ward, Hanoi) - said: "For those who buy according to the amount of gold, selling today can make a profit of 1.1 million VND/tael when at this time last month the price was about 144-147 million VND/tael in the buying - selling direction. If only buying each chi of plain round gold ring, the profit is not much. I intended to sell about 2 chi of gold, but now the price has decreased, so I am hesitant.
Gold price update
As of 11:00 AM on July 13, SJC gold bar prices were listed at the level of 145.4 - 148.4 million VND/tael (buying - selling), simultaneously decreasing by 1.5 million VND/tael.
Bao Tin Minh Chau listed SJC gold bar prices at 144 - 148.9 million VND/tael (buying - selling), both down 1 million VND/tael.
At the same time as the survey, SJC plain round gold ring prices tended to decrease, listed at the threshold of 144.4 - 147.9 million VND/tael (buying - selling), down 2 million VND/tael and 1.5 million VND/tael respectively.
Bao Tin Minh Chau listed the price of gold rings equal to the price of brand gold bars, currently at the threshold of 144 - 148 million VND/tael (buying - selling), a difference of 4 million VND/tael in both directions.
On the world market, as of 11:00 AM on July 13 (Vietnam time), world gold prices diễn biến in a downward direction, listed around the threshold of 4,058.5 USD/ounce, down 60.6 USD.
