Hanoi Gold Prices Fall Amid Market Fluctuations
Gold ring prices in Hanoi have been decreasing after fluctuations, attracting customers who want to buy gold at lower prices. On September 5, some gold shops on Tran Nhan Tong street saw a moderate number of customers.
Ms. Hoang Thuy Phuong bought 2 chi (a unit of measurement for gold) instead of the initial plan of 1 chi due to the decreased price. She took advantage of her free time on weekends to go to the store and waited only about 20 minutes before completing the transaction.
Some customers, like Mr. Do Trung Tuan, bought gold not just for accumulation but also as a long-term investment. He purchased 1 tael (a unit of measurement) instead of buying small quantities. For him, accumulating assets is more important than immediate spending needs.
Golld prices are still fluctuating and have decreased in recent trading sessions. As of 12:00 PM on September 5, gold ring prices were listed at 144.6-147.9 million VND/tael (buying - selling) by Phu Quy Gold and Gems Group, down 1.2 million VND/tael from yesterday morning.