On May 9, in the context of domestic gold prices maintaining a stable state, many gold trading stores in Hanoi recorded a slight increase in customers during the weekend.
According to reporters' records, the buying and selling atmosphere was quite bustling but orderly, when the transactions mainly served the savings and property preservation needs of the people.
At some gold shops on Tran Nhan Tong street (Hai Ba Trung ward, Hanoi), customers can buy according to their actual needs and can receive goods immediately after completing the transaction.
Sharing with reporters, Ms. Nguyen Thi Huong (Hoan Kiem ward, Hanoi) said that she chose to buy gold on weekends because this is the time when prices are usually listed stably by stores during the 2-day holiday.
On weekends, prices usually fluctuate little, so I find it easier to decide. I just bought 2 taels of gold rings. Although the store inside is quite crowded, there is no jostling, I wait about 15-20 minutes for my turn to transact" - Ms. Huong said.
According to her, the fact that stores maintain fixed prices on weekends gives buyers more time to consider, avoiding the mentality of buying in a hurry when the market fluctuates on weekdays.
Another customer, Mr. Tran Quy Manh (Hai Ba Trung ward) said that he had just completed a transaction to buy 5 taels of gold rings to serve long-term savings needs.
I buy gold mainly to gradually accumulate for personal financial goals. Instead of keeping cash, I choose gold because it is more stable in the long term" - Mr. Manh shared.
According to him, buying gold rings is more suitable for his current needs because he can flexibly buy in small quantities, easily saving money over time instead of investing a large amount of money at once.
Meanwhile, Ms. Le Thi Nhung (Cua Nam ward, Hanoi) shared that she came to the store with the aim of diversifying the cash holding channel in the context of a still volatile economy.
I want to divide my assets, one part for savings, one part to buy gold to maintain value. Before, I used to buy gold bars, but this time the store does not have gold bars, so I chose gold rings. I am waiting to buy 1 tael of plain round gold rings" - Ms. Nhung said.
Gold price update
As of 11:25 am, SJC gold bar prices were listed by DOJI Group at the threshold of 164.5-167.5 million VND/tael (buying - selling), unchanged in both buying and selling directions.
Bao Tin Minh Chau listed at the threshold of 164.5-167.5 million VND/tael (buying - selling), unchanged in both buying and selling directions.
At the same time, DOJI Group listed the price of gold rings at the threshold of 164.5-167.5 million VND/tael (buying - selling), going sideways in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.
Bao Tin Minh Chau listed at the threshold of 164.5-167.5 million VND/tael (buying - selling), going sideways in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.
At 10:00 AM, world gold prices were listed around 4,713.7 USD/ounce, down 10.9 USD compared to the previous day.
See more news related to gold prices HERE...
