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

Linh Đan |

Hanoi - Recorded on the morning of September 15, many gold shops sold without limits. Some people came to buy gold, but traded quite cautiously.

On the morning of September 15, Tran Nhan Tong street (Hai Ba Trung ward) - where many gold trading stores in Hanoi are concentrated - recorded that the number of customers coming to transact was not too large. At many stores, gold is still sold according to demand, without quantity limits; customers do not have to wait long.

Buyers consider before spending money

Present at a store on Tran Nhan Tong street, Mr. Do Xuan Quang (Bach Mai ward) said that he came to buy gold after monitoring price movements in recent days. According to him, the price decrease in this morning's session was the factor that made him decide to buy in instead of continuing to stand outside and observe.

Today's price has decreased, so I took the opportunity to buy 2 taels of gold rings. I have been monitoring the price before and also intended to buy more, but wait until the price adjusts to decide" - Mr. Quang said.

Mr. Quang said that this time he divided the amount of money he intended to buy gold into many parts, not buying it all in one go. "Gold prices are still fluctuating, so I don't want to buy too much once. If the price continues to decrease in the future, I will consider buying more" - he shared.

According to Mr. Quang, the fact that many stores currently sell unlimitedly helps buyers to be more proactive about the time and quantity of transactions. However, this does not change his way of buying. "I still determine to buy portions, if the price drops, consider buying more, and if it increases again, I will not spend too much money at one time" - he said.

Giao dịch tại các cửa hàng vàng diễn ra thông thoáng trong sáng 15.9. Ảnh: Linh Đan
Transactions at gold shops took place smoothly on the morning of September 15. Photo: Linh Dan

Meanwhile, Ms. Ngo Thi Lien (Hai Ba Trung ward) came to the store to check prices and consider buying gold. She said she had followed price movements in recent days and paid attention to the decrease in the morning session of September 15.

Today's price has decreased, so I am also considering buying about 5 chi or 1 luong. I have not decided immediately because I want to see if the price will fluctuate further during the day" - Ms. Lien said.

According to Ms. Lien, the fact that many stores currently sell gold without limits helps customers to proactively choose the appropriate quantity. "The store sells without limits, so I don't worry about having to buy in a hurry. I can consider 5 chi first, if I find it suitable, I buy 1 luong, and if the price continues to decrease, I will consider further" - she shared.

Gold price update

As of 11:05 am, Saigon SJC Jewelry Company listed SJC gold bar prices at 142.3-145.3 million VND/tael (buying - selling), down another 300,000 VND/tael in both directions compared to the closing session yesterday.

DOJI listed SJC gold price at 142.3-145.3 million VND/tael (buying - selling), simultaneously decreasing by 300,000 VND/tael in both directions.

At the same time, DOJI Group listed gold ring prices at the threshold of 142.5-146.5 million VND/tael (buying - selling), down 300,000 VND/tael in both directions.

Phu Quy Gold and Gems Group listed the price of gold rings at the threshold of 142.3-145.7 million VND/tael (buying - selling), also down 300,000 VND/tael.

Diễn biến giá vàng thế giới được cập nhật mới nhất vào lúc 9h25 ngày 15.9. Biểu đồ: AI
World gold price movements are updated latest at 9:25 am on September 15. Chart: AI

As of 9:25 am, world gold prices are listed at the threshold of 4,308 USD/ounce.

The information in the article is for reference only, reflecting market developments at the time of recording and not an investment recommendation. Investors need to carefully consider their financial capacity, personal goals and related risks before making a decision to buy or sell gold.

See more news related to gold prices HERE...

Linh Đan
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