On the morning of January 19, the price of plain round gold rings and domestic gold bars continued to adjust upwards at most brands. At some gold shops on Cau Giay street, Hanoi, the number of buyers and sellers continuously increased.
According to information released from the store, the quantity of plain round gold rings sold is unlimited, people in need of buying line up to wait for transactions in the adjacent area in turn by 10 people in each stall. In the 1st floor area, the number of people in need of selling is again bustling at the end of the year, the store trades according to the number of tickets.
Mr. Chu Hoang Duc (My Dinh, Hanoi) - a customer coming to the transaction store - said: "One turn does not specifically limit the number of people, if the area inside is still empty, they will call all of them. It is likely that people waiting like me will enter the same turn. Today the price has increased sharply, I take advantage of selling to take profits, switching to other investment channels such as silver".
Similarly, Ms. Le Phuong Anh (Tay Ho ward, Hanoi) - a customer who completed the transaction - said: "Gold sometimes decreases and then increases again, fearing missing profit-taking opportunities, I decided to sell. The time I bought was 10.8 million VND/chi, the profit was also stable, so I took it to sell to put more into the land I was investing in the suburbs".
At this time, many customers sell out, so the store no longer has a quantity limit to buy in. Mr. Do Hung Quyet (Cau Dien, Hanoi) - a customer who came to take advantage of buying in - shared: "When I came to the waiting stall to buy in, there were only 2 stalls left, this morning the number of people coming to buy and sell was equal. Everyone was allowed to buy in according to demand, but the store still reported that gold bars were out of stock, not for sale. I planned to buy 3 chi of plain round gold rings, at a high price, so I didn't have enough to buy much.
Gold price update
As of 11:00 AM on January 19, the listed SJC gold bar price was 163-165 million VND/tael (buying - selling), a sharp increase of 2.2 million VND/tael.
Bao Tin Minh Chau listed SJC gold bar prices at the threshold of 163-165 million VND/tael (buying - selling), simultaneously increasing by 2.2 million VND/tael.
At the same time as the survey, SJC listed the price of plain round gold rings at 159.7-162.2 million VND/tael (buying - selling), both increasing by 2.5 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at 161.5-164.5 million VND/tael (buying - selling).
On the world market, as of 11:00 AM on January 19 (Vietnam time), world gold prices had a high increase, listed around the threshold of 4,657.9 USD/ounce, up to 61.9 USD.
