Gold prices rise sharply, buyers are ready to wait to receive goods after more than 1 week

Hạ Linh |

On January 12, domestic gold prices increased sharply. The store limited the number of purchases, receiving only a maximum of 200 customers.

According to Lao Dong reporters' records today (January 12), the price of plain round gold rings and domestic gold bars extended its increase. At the gold business store on Cau Giay street, Hanoi, the number of people waiting for their turn to trade is bustling.

No longer having to queue outside the waiting hall, customers who need to buy plain round gold rings will be moved to the waiting room. As of 9:36 am this morning, the number of queues has reached 12 rows, equivalent to 120 people.

Luong nguoi cho mua vao tu hang thu 5-10, lan luot 10 nguoi cua moi hang se duoc chi dinh giao dich tai cua hang ben canh.
The number of people waiting to buy from the 5-10th row, 10 people of each row will be assigned to transact at the adjacent store. Photo: Ha Linh
Hang thu 11 tro di tiep tuc co nguoi vao ben trong cho doi, cua hang chi nhan 200 khach hang trong sang nay. Anh: Ha Linh
Gold prices are constantly increasing, customers are patiently waiting. This morning (January 12), the store only received about 200 customers. Photo: Ha Linh

Ms. Do Thi Hoa (Xuan Phuong ward, Hanoi) - who wants to buy, sitting waiting at the 11th row - said: "I just arrived, so I had to wait. Since opening, the first 4 rows have been allowed to trade. The store staff announced that transactions would be completed around noon. I was not as crowded as today. I intended to buy 5 chi of plain round gold rings, but the store announced it was sold out, so I had to buy 3 chi.

Similarly, Mr. Tran Van Vuong (Cau Giay ward, Hanoi) felt surprised by the number of customers waiting. He shared: "I tried to go early but when I arrived, I also had to sit in the 7th row. Transaction time is fast, only waiting time is needed. Each time I go shopping takes 2-3 hours like this, so I also save up to buy about 1 tael.

According to information released from the store, customers are allowed to buy a maximum of 3 taels of gold. In which, 5 chi and 1-3 taels of gold will be returned on January 24, 2026.

Besides those who are willing to wait for hours, many people are tired and leave because the number of transactions is still quite large before their turn.

Mr. Vu The Cuong and his wife (Yen Hoa ward, Hanoi) just stepped into the waiting area and turned their heads to leave, saying: "I didn't think it was so crowded, although today gold prices are sky-high. We are not in a hurry, just buying to accumulate wealth, if we don't buy today, we buy another day. Gold prices are increasing day by day, so I will wait longer, if there is a slight decrease, I will come to wait".

Gold price update

As of 1:20 PM on January 12, the listed price of SJC gold bars was 160-162 million VND/tael (buying - selling), a sharp increase of 2.2 million VND/tael.

Bao Tin Minh Chau listed the price of SJC gold bars at 160-162 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 156.5-159 million VND/tael (buying - selling), both increasing by 2.2 million VND/tael.

Bao Tin Minh Chau listed the price of gold rings at 158.7-161.7 million VND/tael (buying - selling).

On the world market, as of 1:22 pm on January 12 (Vietnam time), world gold prices had a high increase, listed around the threshold of 4,572 USD/ounce, up to 63.2 USD.

Hạ Linh
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