Gold Prices Plummet as Buyers Take Advantage
Gold prices plummeted over the weekend, prompting many people to take advantage of the decrease and buy gold. On Tran Nhan Tong street in Hanoi, gold trading activities were stable, with a moderate number of customers visiting shops. However, the crowd psychology that often drives sales was absent, as buyers opted for more deliberate purchasing strategies.
According to some customers, they had been monitoring gold prices for several days and waited for the market to adjust before making their purchases. While some bought 5 taels of gold, others limited their purchases to 1-3 taels to test the waters and monitor price movements in the coming sessions.
Gold shops on Tran Nhan Tong street continued to sell goods normally without quantity limits or immediate returns after completing transactions. Buyers did not have to wait in long queues, and transactions proceeded relatively smoothly despite fluctuating gold prices.