The trading atmosphere is quiet at some gold trading establishments
Recorded by Lao Dong reporter at some gold trading points in Hanoi on April 25, the trading atmosphere was somewhat gloomier than in some previous sessions.
Ms. Nguyen Thi Hoa (29 years old, Ba Dinh district), a customer at a gold business on Cau Giay street (Cau Giay district) shared:
“Gold prices have recently decreased significantly. Today, I find the trading atmosphere quite gloomy. This store is usually very crowded but today it is very empty.”
Mr. Nguyen Minh Hai (35 years old, Bac Tu Liem district), a customer at a gold business on Cau Giay Street, said: “The State Bank is still organizing a gold bar auction.
There are also signs that Decree 24 on gold management may be changed. I think it is likely that gold prices will fall deeply in the near future. Taking advantage of the high price of gold at this time, I sold it to take profit.”
Ms. Nguyen Thu Huong – a gold sales employee on Tran Nhan Tong Street said: “The price of gold today dropped quite sharply. The number of customers coming to trade today is not as crowded as last week.”
Gold price developments on April 25
As of 2:00 p.m. on April 25, the domestic SJC gold price listed by DOJI Group for purchase was at 81.5 million VND/tael; The selling price is 83.7 million VND/tael. The difference in buying and selling price of SJC gold at DOJI is high at 2.2 million VND/tael.
Meanwhile, listed Saigon SJC VBQ Company, the buying price of gold is at 81.7 million VND/tael; The selling price is 84 million VND/tael. The difference in buying and selling price of SJC gold is also very high, up to 2.3 million VND/tael.
As for gold rings as of 2:00 p.m., the price of plain round gold rings was listed by Bao Tin Minh Chau at 73.52 – 75.22 million VND/tael for buying and selling.
Phu Nhuan Jewelry (PNJ) is listed at 73 – 74.8 million VND/tael (buy – sell).
The world gold price listed on Kitco at 2:00 p.m. on April 25 (Vietnam time) is at 2,319.2 USD/ounce.
