Gold rings continue to decline, many stores limit the quantity sold

After recent downward adjustments, the gold market recorded a more stable trading atmosphere. At some large gold businesses, customers can buy according to demand without encountering the situation of limiting quantity like during the hot price increase period.

According to reporters' records on July 14, at many gold shops on Cau Giay street (Hanoi), trading activities are taking place normally. Transaction waiting times have been shortened and many shops always have products available to serve customers.

Having just completed the gold ring purchase transaction, Ms. Pham Thi Thanh (Cau Giay ward, Hanoi) said that according to the lunar calendar today is the 1st day of Tet, so she is taking advantage of buying gold products with the desire to bring good luck for the whole month. She is currently doing small business, so she still maintains the habit of accumulating gold at the beginning of the lunar month.

Today I came to the store and found buying gold much more convenient than before. No longer having to take a serial number or worry about the store limiting the quantity sold. I only took about 15 minutes to complete the transaction and receive gold immediately. The price is falling, so I bought 1 chi and added one type of 0.5 chi for good luck at the beginning of the month, and at the same time gradually accumulate" - Ms. Thanh shared.

According to Ms. Thanh, a store employee, the gold supply is now more stable, thanks to which buying and selling activities are going smoothly. People no longer have to come early or wait for the time when businesses open for sale to buy gold as before.

Also taking the opportunity to buy gold in the morning, Ms. Le Thuy Minh (Nghia Do ward, Hanoi) said that she had just bought 2 taels of gold rings to accumulate after seeing the price adjust and transactions became more convenient than before: "Previously, I had intended to buy many times but was afraid of queuing, sometimes when I arrived, I was informed that the quantity was limited. Today it's different, the store has gold available, the staff provides quick advice, in just about 10 minutes I complete the payment and receive the gold. Buying and selling like that is very comfortable".

Ms. Minh added that when the supply is improved, buyers no longer have to wait for opening hours or worry about running out of goods. "This makes buying gold more proactive and convenient, especially for busy people who do not have much time to wait" - she said.

Gold price update

As of 11:25 am, Phu Quy Jewelry Group listed SJC gold bar prices at 143.6-147.1 million VND/tael (buying - selling), down 1.4 million VND/tael on the buying side and down 1.3 million VND/tael on the selling side compared to yesterday morning.

At the same time, SJC gold bar prices were listed by DOJI Group at 144.1-147.1 million VND/tael (buying - selling), down 1.3 million VND/tael in both directions compared to yesterday morning.

At the same time, Phu Quy Jewelry Group listed the price of gold rings at the threshold of 142.8-146.3 million VND/tael (buying - selling).

DOJI Group listed the price of gold rings at 143-146.5 million VND/tael (buying - selling); down 1 million VND/tael on the buying side and down 1.5 million VND/tael on the selling side.