Gold prices rebound, people line up from 6 am to buy

Hạ Linh |

On January 5, domestic gold prices "turned around" and jumped up. The store limited the number of purchases and announced that it would stop receiving customers due to overload.

According to Lao Dong reporters' records today (January 5th), the price of plain round gold rings and domestic gold bars reversed and rebounded. At a gold business store on Cau Giay street, Hanoi, many people came to queue from 6 am to ensure the opportunity to own gold in hand.

Ms. Do Thi Hoa (Xuan Phuong ward, Hanoi) chose to wait until 6 am to "certainly" buy in, said: "I queued early because for many days people have been buying in large numbers, arriving late and having to wait a long time to get to my turn. I left from 6 am but it was not until 10 am today that I finished trading 5 taels of plain round gold rings.

Cua hang vang tap nap giao dich, nguoi dan co nhu cau mua vang nhan va mat hang trang suc. Anh: Ha Linh
Gold shops are bustling with transactions, people have a need to buy gold rings and jewelry. Photo: Ha Linh

Similarly, Ms. Tran Thu Xuan (Cau Giay ward, Hanoi) took the opportunity to queue early to wait to buy in, sharing: "I arrived from 8 am and stood in the 10th vertical row. Transaction time is fast, only waiting time. Each time I go to buy in takes 2 hours like this, so I also accumulated enough to buy a maximum of 5 taels of plain round gold rings.

At 10 am on the same day, the store announced that it was temporarily out of gold bars and plain round gold rings, many people had to turn around and leave. In contrast to the scene of queuing to buy gold for many hours, in the selling direction, the order of transactions was only around 15 turns.

Mr. Nguyen Dang Minh (My Dinh, Hanoi) - a customer who needs to buy and has to leave - said: "I took the opportunity to pass by a gold shop to buy and store, but at 10 am the store already hung a sign announcing that gold rings and gold bars were temporarily out of stock. If I try to wait, I have to go to the next area to sit and wait, which is also very crowded. I don't have time to wait long, so I will come back tomorrow sooner.

Gold price update

As of 11:20 am on January 5, the listed SJC gold bar price was 154.2-156.2 million VND/tael (buying - selling), a sharp increase of 3.4 million VND/tael.

Bao Tin Minh Chau listed SJC gold bar prices at the threshold of 154.2-156.2 million VND/tael (buying - selling), simultaneously reversing the trend to increase by an additional 3.4 million VND/tael.

At the same time as the survey, SJC listed the price of plain round gold rings at 149.1-152.1 million VND/tael (buying - selling), an increase of 3.2 million VND/tael in both directions.

Bao Tin Minh Chau listed the price of gold rings at 153.7-156.7 million VND/tael (buying - selling).

On the world market, as of 11:21 am on January 5 (Vietnam time), world gold prices had a high increase, listed around the threshold of 4,403.30 USD/ounce, up 73 USD.

Hạ Linh
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