Gold price increases, stores do not issue coupons to avoid lining up households

Hạ Linh |

Gold prices have increased, the number of people waiting to trade has increased. However, the store did not issue the ballot to prevent the "feet-on-the-ft" service.

Recorded by Lao Dong reporter at 9:23 today (November 6), the price of plain round gold rings and domestic gold bars at some brands increased slightly. At the gold shop on Cau Giay Street, Hanoi, the closer it gets to opening time, the more people flock to buy gold.

However, the situation of recording numbers and distributing ballots has disappeared. Ms. Luong Khanh Huyen (Cau Giay, Hanoi) said: "Now the store is no longer giving away vouchers because they discovered that there was a situation of queuing households with a fee of 500,000 VND/time. Whoever is in the same position will be there, not moved".

Luong nguoi xep hang cho giao dich tang so voi cung thoi diem ngay hom qua. Anh: Ha Linh
The number of people waiting in line to make transactions increased compared to the same time yesterday. Photo: Ha Linh

According to Ms. Huyen, if the ballots were distributed, one day those who were lining up to "stand up" could earn millions. "People lining up early, taking the first place, waiting for customers to come, they line up below for the next rounds" - Ms. Huyen said.

Meanwhile, Ms. Pham Thi Minh (Dong Da, Hanoi) came to queue up to buy to accumulate. Ms. Minh said: "My daughter has to go to work and cannot run to buy, so I bought it for her. I have bought dozens of gold trees since the time when gold rings were only priced at 7.4 million VND/tael, and now I still keep them to store, I don't sell them for nothing."

As for many people who are buying for the first time like Mr. Dinh The Hung (Chuong My ward, Hanoi), the regulations on the quantity sold and the number of days for further transactions are new. Mr. Hung shared: "Today I just came to buy for the first time, the shop announced the sale of 5 taels of plain round gold rings, and after the next 5 days, I can make a transaction".

Gold price update

As of 11:00 on November 6, the price of SJC gold bars was listed at VND145.8-147.8 million/tael (buy - sell), increasing by VND300,000/tael in both directions.

Bao Tin Minh Chau listed the price of SJC gold bars at 143-147.8 million VND/tael (buy - sell), an increase of 300,000 VND/tael in two trading directions.

At the same time of the survey, SJC listed the price of plain round gold rings at 143.1-145.6 million VND/tael (buy in - sell out), all increased by 400,000 VND/tael.

Bao Tin Minh Chau listed the price of gold rings at 145.2-148.2 million VND/tael (buy - sell), an increase of 200,000 VND/tael.

In the world market, as of 11:00 a.m. on November 6 (Vietnam time), the world gold price is on the path to recovery, listed around 3,985.7 USD/ounce, up 7.5 USD.

Hạ Linh
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