On the morning of December 15, the domestic price of plain round gold rings and gold bars increased simultaneously at some brands. At a gold shop on Cau Giay Street, Hanoi, buyers and sellers were bustling from early in the morning.
According to information issued from the store, the quantity of plain round gold rings sold this morning is unlimited, people who want to buy are lining up to wait for transactions on the 2nd floor. The number of people who want to sell continues to increase, the store gives out vouchers in line.
At 10:11 this morning, the waiting order for the turn to sell reached 64%. Ms. Vu Thu Huyen (My Dinh, Hanoi) - a customer who sold to make a profit - said: "I arrived 30 minutes later than the opening time but there were 20 people ahead of me. Gold prices have increased compared to when I bought and needed more to complete the furniture, so I sold it for profit. Selling under 5 trees will receive money immediately, the larger quantity will be waiting".
Sitting together waiting after writing the receipt, Ms. Do Minh Thu (Cau Giay, Hanoi) was surprised by the scene of having to queue up to sell: " 3-4 months ago, I sold directly at the store but just needed to go in to get the money right away. Now I need to sell it to prepare for my daughter's wedding and have to wait for my turn."
In addition to customers who want to sell, there are many people waiting for their turn to buy plain round gold rings, Ms. Le Ngoc (Cau Dien, Hanoi) said: "I am asking those who want to sell. I have about 100 million VND, I will transfer more and less to give directly in cash. Waiting for their turn takes a lot of time, so I want to discuss whoever needs it."
Gold price update
As of 11:19 a.m. on December 15, the price of SJC gold bars was listed at VND154.8-156.8 million/tael (buy in - sell out), an increase of VND500,000/tael.
Bao Tin Minh Chau listed the price of SJC gold bars at 154.8-156.8 million VND/tael (buy in - sell out).
At the same time of the survey, SJC listed the price of plain round gold rings at 151.2-154 million VND/tael (buy - sell), an increase of 100,000 VND/tael for buying and 400,000 VND/tael for selling.
Bao Tin Minh Chau listed the price of gold rings at 152.5-155.5 million VND/tael (buy - sell), an increase of 500,000 VND/tael in both directions.
On the world market, as of 11:22 on December 15 (Vietnam time), world gold prices reversed and dropped, listed around 4,328.1 USD/ounce, up 29.4 USD.
