Some take advantage of selling for profit, others line up to buy
Recorded by Lao Dong reporter at 9:15 a.m. on February 14, the price of plain round gold rings and domestic gold bars was still at a high level.
At some gold shops in Hanoi, people's demand for gold is increasing. Many people accept waiting for hours to buy gold. Meanwhile, many people choose to sell to make a profit.
Ms. Tran Thuy Nga (Hoan Kiem District, Hanoi) - a customer coming to a gold shop on Tran Nhan Tong Street - said: "At the beginning of 2024, the price of gold rings was 76 million VND/tael. Gold prices are constantly fluctuating, I am afraid that I will decrease in a few days, so today I decided to sell to make a profit".
Similarly, Mr. Pham Van Nam (Dong Da district, Hanoi) also took the opportunity to sell gold rings when the price was at a high level.
"I need money to solve my work, so today I went to a gold shop on Tran Nhan Tong street to sell. However, if the price of gold decreases in the future, I will continue to buy it as savings and consider it a form of profitable investment" - Mr. Nam said.
Ms. Nguyen Anh Ngoc (Hai Ba Trung District, Hanoi) - a customer waiting to buy gold rings - shared: "I have been queuing since 9:00 a.m. less than everyone but have not seen the staff announce when they will be sold.
I also don't know how much gold they sell to one person. The shop limits the quantity, I will buy as much. For customers coming to sell gold, they can enter the transaction immediately, without having to wait".
Gold price update
As of 11:00 on February 14, the price of SJC gold bars was listed by DOJI Group at 88.3 - 91.3 million VND/tael (buy - sell); an increase of 900,000 VND/tael for both buying and selling compared to early this morning.
The difference between the buying and selling prices of SJC gold at DOJI Group is at 3 million VND/tael.
At the same time, Bao Tin Minh Chau listed the price of SJC gold bars at 88.3 - 91.3 million VND/tael (buy - sell); increased by 900,000 VND/tael for both buying and selling.
The difference between buying and selling SJC gold at Bao Tin Minh Chau is at 3 million VND/tael.
The price of Hung Thinh Vuong 9999 round gold rings at DOJI was listed at 89 - 90.2 million VND/tael (buy - sell); an increase of 300,000 VND/tael for buying and a decrease of 200,000 VND/tael for selling compared to early this morning.
Bao Tin Minh Chau listed the price of gold rings at 89.3 - 91.3 million VND/tael (buy - sell), an increase of 700,000 VND/tael for buying and an increase of 950,000 VND/tael for selling compared to early this morning.
The world gold price is listed on Kitco at 11:10 on February 14 (Vietnam time) at 2,925.135 USD/ounce.
