Gold price drops sharply, Nghe An people take advantage to buy and stockpile

Quang An• DNUM_BDZAIZCACA 13:18

(Baonghean.vn) - Due to the influence of world gold prices, gold prices in Vinh City have also turned to decrease sharply. Realizing this is an opportunity for investment and accumulation, people in Vinh City have been rushing to buy gold.

Vinh City residents trade gold on the morning of August 13. Clip: Quang An

According to the reporter's records, on the morning of August 13, gold shops in Vinh City had quite a lot of people coming to trade. According to the gold shop owners, the increase in customers was mainly due to the information that gold prices had dropped sharply, so they went to buy gold for storage and investment after reaching the peak at the end of last week.

Người dân TP.Vinh giao dịch vàng trong sáng 13/8. Ảnh: Quang An

Vinh City residents trade gold on the morning of August 13. Photo: Quang An

Specifically, the gold price in Vinh City on the morning of August 13 fluctuated from 52 - 53 million VND/tael for buying and 55 - 56 million VND/tael for selling for SJC gold, this price has decreased from 7 - 8 million VND/tael compared to the peak at the end of last week. For 9999 gold, the price fluctuated from 4.85 - 5 million VND/tael for buying and 5.2 - 5.3 million VND/tael for selling, an average decrease of about 300,000 VND/tael compared to previous days.

Although the number of visitors has increased, according to a survey, at this time people mainly buy gold for reserves and investment, very few people sell on this occasion.

Người dân chủ yếu tham khảo giá cả và mua tích trữ với số lượng ít trong sáng 13/8. Ảnh: Quang An

People mainly consulted prices and bought in small quantities on the morning of August 13. Photo: Quang An

Ms. Lien, the owner of a gold shop in Vinh City, said: "This is the time when the price of gold has dropped the most in the past half month. This morning (August 13), more than 20 customers came to my shop to make transactions, but all of them came to buy gold and consult the price, there were no customers selling gold."

Although people mainly buy gold, they are still cautious and do not dare to invest heavily during this time, especially when the price of gold fluctuates. The amount of gold people buy is mainly 1-3 taels, very few people buy in large quantities.

Giá vàng được niêm yết để người dân tham khảo trong sáng 13/8. Ảnh: Quang An

Gold prices are listed for people's reference on the morning of August 13. Photo: Quang An

Ms. Bui Thi Hang, a resident of Quang Trung ward, said: "Although the price of gold has dropped sharply, I only bought 2 taels to save. If the price increases, I will make a small profit. If the price continues to decrease, the loss will not be significant. I only invest at a safe level. Investing in gold at this time is a "heart attack"...

Among those who bought gold this morning, besides the purpose of speculation and hoarding, there were also many couples who were about to get married and bought gold. This is considered the right time to choose wedding gifts. Previously, the price of gold reached a peak of 62 million VND/tael, making buying gold as a wedding gift very difficult for many people.