Gold prices fluctuate, people wait for opportunities to buy gold

Phương Anh |

On December 16, the price of plain round gold rings increased compared to last week. In Hanoi, buyers still face many difficulties due to the scarcity of sales.

According to Lao Dong reporters at 12:00 on December 16, at some gold shops in Hanoi, there were no longer long lines of customers waiting to buy gold. Most of the shops announced that there were no SJC gold bars, while plain round gold rings were sold in limited quantities.

Ms. Mai Thi Lan (Thanh Xuan District, Hanoi) - a customer who came to buy gold at a store on Tran Nhan Tong Street said: "I came here at 9 am but the store said there was no product for sale. The staff said they didn't know when it would open so they advised me to go home, but to be sure, I sat here until the afternoon to see if it would open."

Also waiting, Mr. Pham Son Tung (living in Long Bien district, Hanoi) also had difficulty buying plain round gold rings.

“A few days ago, the price of gold dropped. I lined up but couldn’t buy any gold. Now, I thought that the price would increase and there would be fewer customers, so I went to buy it, but I’ve been waiting since this morning and haven’t seen any announcements about the sale. With some money, I plan to buy a few gold taels to store.” – Mr. Tung shared.

Mot cua hang kinh doanh vang tren pho Tran Nhan Tong vang khach do khong co hang mo ban. Anh: Phuong Anh
Customers outside a gold shop on Tran Nhan Tong Street. Photo: Phuong Anh

At 3:30 p.m. the same day, a gold shop on Tran Nhan Tong Street opened for sale plain round gold rings with a limit of 3 taels per person. If a customer buys more than 5 taels, they need to sign a contract and wait 10 days to receive the goods.

An employee at a gold shop on Tran Nhan Tong Street (Hanoi) said: “We cannot announce the exact time of opening for sale to customers at this time. The shop only sells plain rings, there are no SJC gold bars for sale.”

Gold price update

As of 6:30 p.m., the price of SJC gold bars was listed by Saigon Jewelry Company at VND82.6-85.1 million/tael (buy - sell); down VND1.2 million/tael in both directions.

The difference between buying and selling price of SJC gold at Saigon Jewelry Company is at 2.5 million VND/tael.

Meanwhile, DOJI Group listed the price of SJC gold at 82.6-85.1 million VND/tael (buy - sell); down 1.2 million VND/tael in both directions.

The difference between buying and selling price of SJC gold at DOJI Group is at 2.5 million VND/tael.

Bao Tin Minh Chau listed SJC gold price at 83.8-86.3 million VND/tael (buy - sell), unchanged.

The difference between buying and selling price of SJC gold at Bao Tin Minh Chau is at 2.5 million VND/tael.

As of 7:00 p.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 83.6-84.6 million VND/tael (buy - sell); an increase of 100,000 VND/tael for buying and unchanged for selling compared to the close of the previous trading session.

Bao Tin Minh Chau listed the price of gold rings at 83.63-85.08 million VND/tael (buy - sell), keeping the buying price unchanged and decreasing 300,000 VND/tael for selling price compared to the closing price of yesterday's trading session.

Phương Anh
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