Recorded by Lao Dong reporter on the morning of November 27, 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 employee said that this morning, each person was allowed to buy a maximum of 5 taels of gold rings, but only received 5 taels, the store scheduled to return 6 days later.
There is no longer a queue outside the waiting hall, people who want to buy gold are waiting for their turn to trade inside the store. Ms. Bui Minh Ha (Tay Ho ward, Hanoi) said: "Today, I was lucky not to be too crowded, I waited about 20 minutes for my turn. I have retired, so I will buy gold to keep for my children, for them to get married, and for them to get married".
Not only did some people come to buy, but those who wanted to sell had to wait their turn. Mr. Tran Hoang Minh (My Dinh, Hanoi) took profits at the end of the year and shared: "My house is being completed so I need to sell 5 taels to buy more furniture. Last time, with the money I had accumulated, I went to buy gold, at that time the price was only 10.8 million VND/tael of gold, now the shop buys 15 million VND/tael, the profit is 4.2 million VND/tael".
Having lined up at the busiest time, Ms. Minh Ngoc shared: "Compared to the end of September when gold prices were constantly fluctuating, people rushed to buy. That time I went to work so I asked my grandparents to wait in line from 7:30 to buy for my child, but today I only need to wait about 15-30 minutes to get into the deal".
According to Ms. Ngoc, after applying the new regulations on day-to-day gold trading of VND20 million or more, she has to go directly to the store. "My parents were not familiar with technology, afraid of making mistakes or complicating things, so I took the opportunity to go" - Ms. Ngoc added.
Gold price update
As of 11:00 on November 27, the price of SJC gold bars was listed at 151.4-153.4 million VND/tael (buy in - sell out).
Bao Tin Minh Chau listed the price of SJC gold bars at 151.9-153.4 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 149-151.5 million VND/tael (buy in - sell out).
Bao Tin Minh Chau listed the price of gold rings at 150-153 million VND/tael (buy in - sell out).
On the world market, as of 11:04 on November 27 (Vietnam time), world gold prices were on a downward trend, listed around 4,145.5 USD/ounce, down 17.3 USD.
