Gold price "cools down", many people in Ha Tinh take advantage to buy

The price of gold in recent days continues to attract the attention of investors and people. In the international market, the current price of gold has decreased significantly compared to the second half of April 2025. Recorded at 10:00 a.m. on May 15, the listed price of gold on the Kitco exchange was at 3,153.7 USD/ounce.

Fluctuations in the international market have led to a sharp decline in domestic gold prices. At the time of the survey on the morning of May 15, the price of gold bars at businesses such as Bao Tin Minh Chau, SJC, DOJI and PNJ was around 119 - 120 million VND/tael.

Gold prices today have been "cooling down" in recent days.

In Ha Tinh , the gold market also had clear movements due to the influence of domestic and international gold prices. Recorded at Mai Xuan gold and silver store (Nguyen Cong Tru street, Ha Tinh city), at 10:00 a.m. on May 15, the price of 9999 gold rings was listed at VND 10,570,000/tael for buying and VND 10,650,000/tael for selling. Compared to last week, the gold price in Ha Tinh has decreased by about VND 500,000 per tael and decreased by more than VND 1 million/tael compared to the peak on April 22 (selling price VND 11,800,000/tael).

The plunge in gold has attracted the attention of many people who want to buy gold for storage and personal use. Ms. Nguyen Thi Thu (Nam Ha ward, Ha Tinh city) shared: "I am planning to buy about 1.5 taels of gold to prepare for my daughter's wedding in early June of the lunar calendar. It just so happens that the price of gold is falling sharply compared to the record high from mid-April, so I am taking the opportunity to buy it right away."

Unlike the speculative and “surfing” mentality during the period when gold prices increased rapidly, the current buying trend in Ha Tinh shows that people consider more carefully when deciding to “put money” into this precious metal. Many people prioritize asset safety and diversify their savings channels in the context of economic fluctuations and decreasing bank savings interest rates.

Ms. Bui Thi Tham - Owner of Ngoc Ha Gold and Silver Shop (Nguyen Cong Tru Street, Ha Tinh City) said: "Since the beginning of the week, the number of customers coming to the shop has mainly bought gold rings for investment and storage. Customers no longer buy to sell "quickly" in a few days like before, but they tend to invest long-term, expecting the price of gold to increase in the long term. In addition, many customers also take advantage of the price drop to buy gold to prepare for their children's weddings."

At this time, gold and silver shops in Ha Tinh mainly recorded customers coming to make purchases.

At Phuong Xuan Jewelry Store (Nguyen Cong Tru Street, Ha Tinh City), customers mainly bought in. According to store staff, in recent days, the price of gold has continuously decreased sharply, some people bought a few taels but many customers also bought several taels or more to invest in large quantities, waiting for the price increase in the coming time.

Although most transactions recorded a buying trend, the market also saw a group of investors “holding their breath” waiting for positive developments from the market. Especially those who bought at a price of over 11 million VND/tael not long ago.

Mr. TV N (Thach Quy Ward, Ha Tinh City) shared: “I bought nearly 3 taels of gold near the end of April, when the price was 11,430,000 VND/tael. However, according to the assessment, the world economic situation is still unstable, the war is still prolonged, and inflation has not decreased. Those factors may push the price of gold up in the near future, so I do not want to cut my losses at this time.”

Gold rings are still a channel for storing assets chosen by many people with the hope that in the long term, the price of this item will continue to increase.

Many experts believe that in the short term, gold prices may continue to fall due to the strengthening of the US dollar and the decreasing geopolitical risks, causing the demand for shelter to weaken. Positive trade negotiations between the US and China have helped to “ease” concerns about tariffs, causing many investors to withdraw from safe-haven assets such as gold and switch to other investment channels.

However, many analysts believe that in the long term, gold is still a popular investment channel in the context of global inflation with many unknowns, unstable monetary policies in countries and geopolitical risks still present. According to the assessment of business owners, although the gold price is on the decline, the market in Ha Tinh still records positive signs when people take advantage of the opportunity of falling prices to buy and store. The gold market has somewhat returned to a state of balance when real demand and long-term investment expectations prevail.

Source: https://baohatinh.vn/gia-vang-ha-nhiet-nhieu-nguoi-dan-ha-tinh-tranh-thu-mua-vao-post287828.html