As of October 4, gold rings were still out of stock at some gold shops in Ho Chi Minh City. "Currently, businesses do not have raw materials for production due to compliance with regulations on invoices and input and output documents in buying and selling. Therefore, the supply of stores is limited," said Ms. Nguyen Dung, owner of a gold shop in District 10.
At the online market, gold buying and selling groups receive a lot of interaction thanks to the availability of goods. Ms. Kim Anh, living in Thu Duc City, shared: "I need to buy 5 taels of gold rings, but at this time, every store I asked said they were out of stock. Seeing that the gold selling groups had goods, delivered immediately and committed to real gold, I also tried buying it."
Many people also posted articles selling gold at prices several hundred thousand dong cheaper than the listed price. PV contacted account N.N, who sells gold in Ho Chi Minh City. This person said that he bought the gold from people and resold it, so he had it available.
"Nowadays, it is difficult to buy gold outside because you have to wait a long time. If you need to buy gold rings or gold bars, we have them all. The goods are guaranteed to have papers, 9999 gold is tested" - this person advertised.
Expert Tran Duy Phuong - Director of Golden Fund Gold and Gemstone Company - said that individuals negotiating transactions, buying and selling gold bars and gold rings with each other can lead to many risks, without invoices and documents. This can be identified by authorities as smuggled goods, of unknown origin.
The Ho Chi Minh City Market Management Department said that the unit has also disseminated to gold trading enterprises the need to comply with legal regulations on gold and foreign exchange trading.
At the same time, continue to deploy forces to simultaneously inspect gold trading businesses in the district to contribute to stabilizing the gold market in the context of rising gold prices.