Gold prices increase by nearly 5 million VND after a month, people still choose to buy

Bảo Anh |

On September 6, gold prices maintained the weekend price range. Gold stores traded smoothly, customers could hold gold in their hands.

After a month of continuous fluctuations, the price of plain round gold rings and domestic gold bars simultaneously increased by 4.9 million VND/month. In which, the price of gold bars is anchored at 144.6 - 147.6 million VND/tael (buying - selling). The current listed price of plain round gold rings is 144.1-147.1 million VND/tael (buying - selling).

At gold trading stores on Cau Giay street, Hanoi, the number of customers transacting is sparse on the weekend.

According to information from stores, the quantity of plain round gold rings sold this morning is unlimited. Customers can buy and sell according to actual needs.

Coming to a gold and silver business store to refer to wedding ring designs, Ms. Le Thanh Mai (Nghia Do ward, Hanoi) shared: "This October, my fiancé and I will have a wedding, taking advantage of the holiday, we went to see simple, compact round plain gold ring designs".

According to Ms. Mai, gold prices increase and decrease continuously, which cannot be predicted in advance, so the couple will monitor further. "Although wedding rings are a procedure, to optimize costs, my husband and I will still consider brands," Ms. Mai said.

No longer crowded, some people freely transact according to their needs. Mr. Nguyen Van Tung (Thanh Xuan ward, Hanoi) - a customer who needs to buy - said: "I maintain the habit of two forms of accumulation: depositing in bank savings and buying plain round gold rings. At the beginning and end of the year, I usually deposit in bank savings, during the year I will try to buy plain round gold rings to accumulate wealth, even if it is only half a tael of gold".

Besides those who need to buy, the increase in gold prices after 1 month also made some people hesitate to sell.

Mr. Doan Minh Duy (Cau Giay ward, Hanoi) is considering selling gold to have more investment in transportation. He said: "I intend to upgrade the motorbike I am riding, because it is quite old and has been repaired many times. The motorbike exchange is in the plan, but I am still wondering which time selling is more profitable.

Buổi sáng cuối tuần, cửa hàng kinh doanh vàng bạc vắng bóng người giao dịch. Ảnh: Bảo Anh
On the weekend morning, gold and silver stores are deserted of traders. Photo: Bao Anh

Gold price update

As of 11:50 am on September 6, SJC gold bar prices were listed at the level of 144.6 - 147.6 million VND/tael (buying - selling), unchanged compared to the previous closing session.

Bao Tin Minh Chau listed SJC gold bar prices at the threshold of 144.6 - 147.6 million VND/tael (buying - selling).

At the same time as the survey, the price of SJC plain round gold rings tended to decrease, listed at 144.1 - 147.1 million VND/tael (buying - selling).

Bao Tin Minh Chau listed the price of gold rings equal to the price of brand gold bars, currently at the threshold of 145.8 - 149.8 million VND/tael (buying - selling), a difference of 4 million VND/tael in both directions.

On the world market, as of 11:50 am on September 6 (Vietnam time), world gold prices diễn biến in a downward direction, listed around the threshold of 4,429.1 USD/ounce, down 43.1 USD.

Bảo Anh
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