Gold prices increase and decrease alternately, buyers enter 2 taels, sellers take profits

Hạ Linh |

In Hanoi, the queue is no longer bustling, however, the quantity of gold sold is still limited.

Some wait to buy 2 taels, some "rive to sell"

Recorded by Lao Dong reporter at 9:53 a.m. today (November 3), the price of plain round gold rings and domestic gold bars "cooled down". At a gold shop on Cau Giay Street, Hanoi, not afraid of cold rain, buyers take turns waiting for transactions, sellers "over" to make a profit.

Informing reporters, the store security guard said: "This morning, people didn't have to wait in line, there were 60 buyers so I could just go in and buy. Each person was given 2 taels of gold".

However, the store security guard added an update, every 6 days, customers can continue to make transactions.

Ms. Tran Thi Thu (Cau Giay, Hanoi) bought 2 taels of gold and shared: "Some people have not been able to buy them for 5 days, I just went to buy them today so I can get the maximum 2 taels of gold".

Tung nguoi vao cua hang ngoi cho toi luot giao dich. Anh: Ha Linh
Everyone went into the store and sat waiting for their turn to trade, there was no longer the scene of selling out all the coupons. Photo: Ha Linh

Similarly, Mr. Vu Cong Luan (My Dinh, Hanoi) after a short wait, the 2 taels of gold were in his pocket. Mr. Luan said: "Compared to the days before, when I had to wait and crow, now I can buy right away. Just sit in line in the store one by one, partly because of the cold rain and the fluctuating gold price, so people buy less".

"The house is about to have a party, so I bought it to celebrate, luckily today the shop did not issue a number and lined up so the transaction was quick" - Mr. Luan added.

Some people accept to enter the store and then turn their cars back because they limit the number of days to buy back and the amount of gold sold.

Mot so nguoi quay ra ve vi nghe thong tin 5-6 ngay sau moi duoc mua vao voi 2 chi vang. Anh: Ha Linh
Some people turned back because they heard the information that they were only allowed to buy for 2 taels of gold after 5-6 days. Photo: Ha Linh

Besides the stores waiting to buy, there are many people who have decided to sell to make a profit. Mr. Nguyen Viet Hoang (Chuong My ward, Hanoi) traveled nearly 30km to the store to sell.

"I bought here so I had to go to this address to sell, at the time of buying it was priced at 10.8 million VND/tael, now the price is fluctuating around 14.6-14.8 million VND/tael, making a profit of nearly 4 million VND/tael, so I took a profit" - Mr. Hoang said.

Gold price update

As of 11:00 on November 3, the price of SJC gold bars was listed at 146.6-148.6 million VND/tael (buy - sell), all increasing by 200,000 VND/tael in both directions.

Bao Tin Minh Chau listed the price of SJC gold bars at 147.1-148.6 million VND/tael (buy in - sell out), an increase of 200,000 VND/tael.

At the same time of the survey, SJC listed the price of plain round gold rings at 143.3-145.8 million VND/tael (buy in - sell out), down 300,000 VND/tael in both directions.

Bao Tin Minh Chau listed the price of gold rings at 146.6-149.6 million VND/tael (buy in - sell out).

In the world market, as of 11:00 a.m. on November 3 (Vietnam time), world gold prices recovered rapidly, listed around 4,010.7 USD/ounce, up 9.6 USD.

Hạ Linh
RELATED NEWS

Gold price today 3.11: Decreased in the first session of the week

|

Gold price today 3.11: All decreased slightly in both domestic and international markets in the first trading session of the week.

Gold and foreign currency prices 3.11: Gold prices adjusted slightly, the upward trend has not ended

|

Gold and foreign currency prices 3.11: Although gold prices have decreased, many experts believe that the price increase cycle has not ended.

Wall Street experts make surprising predictions about the risk of gold prices plummeting

|

Despite the pressure in the short term, Wall Street experts believe that the outlook for gold prices is still solid.

National Press Award 2025 opens preliminary judging with nearly 1,700 works

|

On April 17, the Vietnam Journalists Association opened the preliminary round of the 20th National Press Award in 2025, with 1,692 entries eligible to participate.

Mr. Trump reveals when the US and Iran may meet

|

The prospect of US-Iran talks is increasing as Mr. Trump wants Middle East tensions to cool down and the parties seek an agreement to end the conflict.

Discovery of a 2-year-old girl dead in a car

|

Nghe An - A girl over 2 years old was left in a car for many hours leading to death, relatives were shocked when they discovered the incident.

Tornado blows off roofs of many houses and schools in Da Nang border area

|

Da Nang - Heavy rain accompanied by tornadoes suddenly swept through La Eee border commune, causing many houses, village cultural houses, and schools to have their roofs blown off and damaged.

4-story house fire in a deep alley in Hanoi, many people escaped in time

|

Hanoi - The 4-story house fire in a deep alley was controlled in time, and functional forces rescued trapped people.

Gold price today 3.11: Decreased in the first session of the week

Khương Duy |

Gold price today 3.11: All decreased slightly in both domestic and international markets in the first trading session of the week.

Gold and foreign currency prices 3.11: Gold prices adjusted slightly, the upward trend has not ended

NHÓM PV |

Gold and foreign currency prices 3.11: Although gold prices have decreased, many experts believe that the price increase cycle has not ended.

Wall Street experts make surprising predictions about the risk of gold prices plummeting

Phan Anh |

Despite the pressure in the short term, Wall Street experts believe that the outlook for gold prices is still solid.