Gold prices continue to decline, stores no longer jostle to wait to buy

Linh Đan |

Hanoi - May 28, gold prices continued to fall deeply, transactions at stores took place stably, no longer seeing people jostling to buy as before.

Domestic gold prices continue to decrease following the developments of the world market, the trading atmosphere at many gold stores in Hanoi has become less tense, and there is no longer the scene of people jostling and queuing for a long time like when prices fluctuated sharply before.

Recorded on the morning of May 28th on some gold trading streets in Hanoi, the number of customers coming to transact still maintained but was distributed evenly, and there was no situation of crowded people waiting in front of the store.

In the Cau Giay street area, many customers who came to buy gold said that transactions are now significantly more convenient than about a month ago.

Người dân đến mua vàng tại Hà Nội trong sáng 28.5, không còn cảnh xếp hàng chen chân chờ giao dịch. Ảnh: Hà Lê
People come to buy gold in Hanoi on the morning of May 28, no longer the scene of queuing to jostle for transactions. Photo: Ha Le

Ms. Pham Nhu Ha (Cau Giay ward, Hanoi) shared that she just bought 3 taels of gold rings as savings and only took about 10 minutes to complete the procedures.

Previously, every time gold prices fluctuated sharply, the store was very crowded, sometimes having to wait for several hours. Now there are still customers but no longer jostling, buying and selling is also faster. I report the quantity I want to buy, then transfer money, the staff give the invoice and receive the gold and it's done, very quickly" - Ms. Ha said.

According to Ms. Ha, after many periods of continuous fluctuations, buyers' psychology is now more cautious, mainly considering real needs instead of chasing after crowd psychology.

Also going to buy gold this morning, Mr. Nguyen Tuan Long (Nghia Do ward, Hanoi) shared that he felt the market had clearly "cooled down".

Last time I had to get an order number and wait almost an hour for my turn to transact. Today, entering the store, I was almost guided immediately, the atmosphere was quite orderly. The store sells gold according to customer demand, I just bought 1 tael of gold ring" - Mr. Long shared.

Khu vực giao dịch tại một cửa hàng vàng ở Hà Nội khá thông thoáng. Ảnh: Linh Đan
The transaction area at a gold shop in Hanoi is quite airy. Photo: Linh Dan

Ms. Nguyen Xuan Chi (Cau Giay ward, Hanoi) said that gold prices are falling sharply compared to many months ago, so she is taking advantage of buying a few more gold rings as savings.

On March 2, 2026, I bought 2 taels of gold rings at a price of 18.7 million VND/tael. The current price has cooled down more than before, so I find it suitable to buy more. However, the number of customers at the store is no longer too large, coming to transact quite quickly, not having to wait as long as in previous price fevers" - Ms. Chi shared.

Gold price update

As of 11:30 am, SJC gold bar prices were listed by DOJI Group at 156-159 million VND/tael (buying - selling), down 1.7 million VND/tael in both buying and selling directions compared to yesterday morning.

Diễn biến giá vàng SJC những phiên giao dịch gần đây. Biểu đồ: Khương Duy
SJC gold price movements in recent trading sessions. Chart: Khuong Duy

Bao Tin Minh Chau listed SJC gold bar prices at 156-159 million VND/tael (buying - selling), down 1.7 million VND/tael in both buying and selling directions compared to yesterday morning.

At the same time, DOJI Group listed the price of gold rings at 156-159 million VND/tael (buying - selling), down 1.7 million VND/tael in both buying and selling directions compared to yesterday morning.

Diễn biến giá vàng nhẫn những phiên giao dịch gần đây. Biểu đồ: Khương Duy
Gold ring price movements in recent trading sessions. Chart: Khuong Duy

Bao Tin Minh Chau listed the price of gold rings at 156-159 million VND/tael (buying - selling), down 1.7 million VND/tael in both buying and selling directions compared to yesterday morning.

At 9:15 am, world gold prices were listed around 4,402.1 USD/ounce, down 99.4 USD compared to the previous day.

See more news related to gold prices HERE...

Linh Đan
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