At 9:10 a.m. on February 4, the price of plain round gold rings and gold bars in the country increased sharply, and people's demand for gold did not decrease.
On Tran Nhan Tong Street (Hanoi), Ms. Bui Thi Linh (Hai Ba Trung District) said: "Every New Year, I use my children's lucky money to buy gold rings, no matter how little or much. This amount of gold will be my children's savings when they grow up.
In previous years, I always went to buy gold on God of Wealth Day, but it was always crowded. This year, I went earlier to avoid the crowd, but I didn't expect the number of people to be so large."
Mr. Nguyen The Quan (Hoan Kiem District) - a customer who came to buy gold rings at a gold shop on Tran Nhan Tong Street (Hanoi) - shared: "Before Tet, most shops did not have a fixed time frame to open for selling gold rings. I asked the staff many times but they did not know the exact time of sale.
This morning, the beginning of the new year, I continued to come at 8:30 to wait to buy. Currently, the store is open for unlimited sales for each person. However, I am still waiting for my turn to make a transaction because the front is very crowded."
Gold price update
As of 10:40 a.m. on February 4, the price of SJC gold bars was listed by Saigon Jewelry Company at VND88.1-90.6 million/tael (buy - sell); an increase of VND800,000/tael for buying and an increase of VND1.3 million/tael for selling.
The difference between buying and selling price of SJC gold at Saigon Jewelry Company is at 1.5 million VND/tael.
Meanwhile, the price of SJC gold bars listed by DOJI Group is at 88.1-90.6 million VND/tael (buy - sell); an increase of 800,000 VND/tael for buying and an increase of 1.3 million VND/tael for selling.
The difference between buying and selling price of SJC gold at DOJI Group is at 2 million VND/tael.
At the same time, the price of 9999 Hung Thinh Vuong round gold ring at DOJI was listed at 88.7 - 89.6 million VND/tael (buy - sell); an increase of 1.2 million VND/tael for buying and an increase of 600,000 VND/tael for selling compared to early this morning.
Bao Tin Minh Chau listed the price of gold rings at 88.6 - 90.55 million VND/tael (buy - sell), an increase of 1.5 million VND/tael for buying and 1.3 million VND/tael for selling compared to early this morning.
As of 10:58, the world gold price listed on Kitco was at 2,820.78 USD/ounce.
