Recorded by Lao Dong reporter on the morning of November 24, the price of plain round gold rings and domestic gold bars remained unchanged at all brands. At a gold shop on Cau Giay Street, Hanoi, the scene of long lines no longer occurs, however, buyers are still limited to the quantity of gold rings they buy.
Informing reporters, the store's security guard said that this morning, each person was allowed to buy a maximum of 5 taels of gold rings, the time for the next transaction was reduced to 3 days.
At 9:39, many people in line left and "holded gold" in their hands, Ms. Bui Thi Hoa (Cau Giay, Hanoi) said: "Today is not too crowded, the transaction is fast, each person can buy 5 taels but I bought a few, only 2 taels of gold rings to store".
Although shortening the trading time for the next time, Mr. Tran Viet Hoang (Tay Ho ward, Hanoi) still had to turn around and go home: "The previous period was another period of 5-6 days, some periods could be unlimited, today it is down to 3 days. I just bought it on Saturday, so today is still not enough time to buy more".
Ms. Le Minh Trang (My Dinh ward, Hanoi) shared: "3 months ago, I needed it urgently because I had to pay off a debt of 7 taels of gold but could not buy it. Buying from outside private stores has a difference of 1-2 million VND/tael, so I would like to pay it back gradually. Now, buying at state-licensed gold shops is somewhat easier, no longer as difficult as before".
Gold price update
As of 1:30 p.m. on November 24, the price of SJC gold bars was listed at VND 148.4-150.4 million/tael (buy in - sell out).
Bao Tin Minh Chau listed the price of SJC gold bars at 148.9-150.4 million VND/tael (buy - sell), unchanged from the closing price of the previous trading session.
At the same time of the survey, SJC listed the price of plain round gold rings at 146-148.5 million VND/tael (buy in - sell out).
Bao Tin Minh Chau listed the price of gold rings at 147.5-150.5 million VND/tael (buy in - sell out).
On the world market, as of 11:30 a.m. on November 20 (Vietnam time), the world gold price was on a downward trend, listed around 4,051 USD/ounce, down 13.2 USD.
