Gold prices peaked, brides and grooms were “sweating” looking for wedding gold rental services

On December 28, gold price lost the mark of 80 million VND/tael after shocking days but still remained at a high level. SJC gold bar prices are enterprise listed at 78 3-79 8 million VND/tael (buy – sell) gold rings at 62 95-64 million VND/tael (buy – sell).

< p>After more than a week of monitoring gold prices, Ms. Do Thi Lanh and her husband (Hoang Mai Hanoi) decided to rent gold to wear and give as a gift at their daughter’s wedding on December 30.

Mrs. Lanh explained that she and her husband saved 2 gold bars. However, in 2019, when her eldest son bought a house, she and her husband lent him a loan with the promise “when the youngest brother gets married, you will pay the parents back so they can give it to you as a dowry.

< p>Two years now family son faces many debts so Mrs. Lanh and her husband do not have the heart to demand aggressively.

The price of gold has increased, son “If you can’t buy gold, just give us 40 million VND in advance. This amount is not enough to buy half a tree of gold when the price of gold has increased so much,” Ms. Lanh said.

That’s why she and her husband Lanh decided to rent 2 sets of jewelry. One set Mrs. Lanh wore on her wedding day and the other set she “gave” to her daughter on her wedding day so that she wouldn’t be outdone by her in-laws. She will carefully instruct her daughter to “manage” the gold after the wedding so that she can conveniently return it.

Mrs. Lanh reassures her daughter that “the gold will always be yours” only because of him. The boy hasn’t been able to pay in time, so the family has to temporarily rent it so that the formal wedding procedures can be completed.

The wedding of the couple Duy Thinh – Ngoc Anh (both 27 years old in Song Than industrial park) Di An Binh Duong) will take place in the early days of January 2024.

The two decided to only buy a pair of wedding rings worth nearly 10 million VND, while all other jewelry such as earrings and bracelets will be rented from a store in Ho Chi Minh City.

The price of gold is too high, so we decided to rent jewelry for the wedding. However, renting is not easy because we have to deposit nearly with jewelry sets.

Lately, many couples are looking to rent these products because it’s the wedding season, so we have to look everywhere to find the model we like “The line competes because everyone gets married on a beautiful day and everyone wants to rent the most beautiful outfit,” bride Ngoc Anh said.

Mr. Pham Duy Hieu, director of a jewelry and gemstone company in District 3, Ho Chi Minh City, said that since The price of gold increased to 70 million VND/tael and the number of customers renting gold for wedding jewelry has doubled. Meanwhile, the number of customers buying wedding jewelry decreased slightly.

Mr. Hieu’s unit has about 30 sets of wedding jewelry for rent. Recently, most of the customers have rented it.

According to this director, customers, in addition to wearing it on the wedding day, also rent sets of bracelets, earrings and rings to give to the bride and groom for the purpose of “beautify” in front of guests and take videos and photos.

To rent wedding gold jewelry, tenants need to submit their citizen identification card to make a rental contract and make a cash deposit or bank transfer. from 5 to 10 million VND depending on the value of the jewelry set.

Rental price is calculated from 800 thousand VND to 25 million VND per day (paid before 12:00 the next day). Customers come to rent not only in Ho Chi Minh City but also in neighboring provinces.

Mr. Hieu said his company has opened a wedding gold rental service since 2013. The customer base is mainly people with normal economic conditions, workers and office workers…

Recently, many people shared that because gold has increased so much, they were forced to choose the rental option to complete their wedding day.

The owner of a wedding jewelry rental store In Hoang Mai district (Hanoi), the number of customers renting wedding gold has increased by more than 30% since gold prices continuously peaked. The rental price ranges from 200,000 to 300,000 VND per day.

Most customers coming to the store are poor workers or new graduates without economic conditions.

Associate Professor, PhD. Nguyen Huu Huan, lecturer at Ho Chi Minh City University of Economics, said that the recent sharp increase in gold prices is partly due to seasonal factors, people tend to buy gold during the holidays.

Gold also is a gift used by families during the year-end wedding season. Many people consider gold to be a gift that shows affection as a blessing to the newlyweds.

Gold is also considered a dowry used by parents, siblings, relatives or close friends. as a gift for the couple.

Faced with the situation of many families struggling because of rising gold prices during the wedding season, Associate Professor. Dr. Le Quy Duc, former Deputy Director of the Institute of Culture and Development of the Ho Chi Minh National Academy of Politics, believes that simplicity in weddings should be emphasized.

There are more and more weddings being held. lurking around to show off your house, show off your car, show off your gold, show off your clothes. Many people do not have finances, but for the sake of self-esteem, they rent and borrow. This unintentionally stimulates unnecessary needs in society.

The wedding day should be a day of sincerity and happiness for the couple. There should not be a heavy burden on congratulatory money and meaningless gifts. Love puts pressure on yourself and creates “debts” from wedding gifts,” this expert said.

(The character’s name in the article has been changed)