Vietnam Gold Prices Rebound on July 27
After two weekend days without adjustment, gold prices in Vietnam reversed to increase on July 27. At stores on Cau Giay street in Hanoi, customers were able to buy and sell plain round gold rings and domestic gold bars without limit. The quantity of plain round gold rings sold this morning is unlimited, allowing customers to buy and sell according to their actual needs.
Ms. Bui Nhu Mai, a regular customer at the stores, said that while many people were buying and selling, she didn't intend to buy at this time due to recent fluctuations in gold prices. She added that some people just asked about prices and left without buying.
Others, like Ms. La Thu Cuc, came to buy small quantities of plain round gold rings. For those who needed to sell to take profits, the timing was an important factor. In 15 minutes, Ms. Nguyen Thi Minh Chau sold her branded and private gold at a slightly higher price than she bought it for.
As of 11:00 AM on July 27, SJC gold bar prices were listed at 139 - 143 million VND/tael (buying - selling), increasing by 1.5 million VND/tael. Bao Tin Minh Chau also listed SJC gold bar prices at the threshold of 139 - 143 million VND/tael, both increasing by 1.5 million VND/tael.
On the world market, as of 11:10 am on July 27 (Vietnam time), world gold prices were listed around the threshold of 4,088.9 USD/ounce, up 37 USD.