At the headquarters of Saigon SJC Jewelry Company (District 3, Ho Chi Minh City), the trading atmosphere was bustling, many people were waiting to buy gold. The selling force continues to overwhelm the purchase force.
According to the notice from SJC Company, the gold bar is temporarily out of stock, customers wishing to buy must fill in the waiting slip, the company will actively contact when there is a supply back. For smooth gold rings, each guest can only buy 0.5 only.
"The price of gold increased so strongly, afraid that the price of gold continued to increase, so I went to buy for peace of mind. Now I have money to buy gold because of the limit of the number of sale" - Ms. Le Thi Thu (living in District 4) shared.
Mr. Dang Thinh (living in District 3) said: "I ordered SJC gold bar online but did not succeed, so I switched to buying gold. At this time, the price increased but many places were out of stock to sell, so the purchase is not easy."
At Mi Hong store (Binh Thanh district), long lines of people also waiting for the turn to transact under the hot weather.
According to gold expert Tran Duy Phuong - Director of Golden Fund Jewelry Company, gold price is currently being supported by psychological concerns around trade tensions, especially tariff measures that the US can apply to other countries.
The market is currently closely monitoring each move from US President Donald Trump as well as reaction from China. If in the coming time, the two sides show signs of concessions or reach an agreement on tariff negotiations, so this precious metal can turn down sharply.
At 15:30 on April 16, in Ho Chi Minh City, SJC gold price was SJC 113.0-115.5 million VND/tael. DOJI Group listed at 112.0-114.5 (bought - sold).
The price of gold rings at DOJI listed at the threshold of 110.2-113.2 million VND/tael (purchased - sold). Saigon SJC Gemstone Jewelry Company listed 110,8-113.8 (bought - sold).
