On August 26, at major gold stores in Ho Chi Minh City, the number of customers coming to trade continued to be bustling even though the gold price was at a high level. SJC Company limits the amount of gold sold to each customer by 1 SJC gold bar and 1 tael of gold ring.
Ms. Le Thu Ha (Ban Co ward) said that although the gold price is currently at a record high, she still decided to buy a little more to store. "I don't buy much, just a few, mainly to make and store for the long term. These past few days, seeing many customers, I was afraid of waiting a long time so I took the opportunity to go early" - Ms. Ha shared.
Meanwhile, Mr. Phan Minh Hoang (Dien Hong ward) said that he had to go to the store 3 times to buy 1 tael of gold bars. "I didn't think the number of customers would be so large. The previous two times it was 10:30 but the queue was still not in turn. Today I went earlier to buy, but because the store limited the quantity, I could not buy as much as I wanted" - Mr. Hoang said.
Gold price today (8.26), gold trading enterprises continue to adjust the price of SJC gold bars to increase sharply.
At Doji Group and Saigon Jewelry Company (SJC) in the Ho Chi Minh City market, the price of SJC gold bars is traded at 126.1 - 127.7 million VND/tael (buy - sell).
The price of gold rings at SJC is currently at 119.6 - 122.1 million VND/tael (buy - sell), while at Doji it is 119.3 - 122.3 million VND/tael. Meanwhile, the price of SJC gold bars at Mi Hong was listed at 126.7 - 127.7 million VND/tael, gold rings were at 120.5 - 122.0 million VND/tael (buy - sell).
Expert Tran Duy Phuong - Director of Golden Fund Gold and Gemstone Company - commented that the main reason for the sharp increase in gold prices and the growing gap is due to scarce supply. Since the beginning of the year, the State Bank has not sold gold to stabilize the market.
Without a supply of SJC gold, while demand is still high, prices will inevitably increase. In fact, the price of SJC gold is almost separate from the world gold price, less affected by fluctuations in increase or decrease in the international market" - Mr. Phuong analyzed.
