Gold price increases, sellers make a profit, people are busy buying

Hạ Linh |

Gold prices are high, the shop sells a maximum of 50 taels of plain round gold rings, however, the number of people taking profits has increased sharply.

Recorded by Lao Dong reporter on the morning of November 28, the domestic price of plain round gold rings and gold bars increased simultaneously at all brands. At a gold shop on Cau Giay Street, Hanoi, buyers and sellers are bustling with transactions.

The number of sales remains unchanged compared to the same time yesterday (November 27), this morning, each person is allowed to buy a maximum of 5 taels of plain round gold rings of Thang Long Dragon Gold, however, buyers of 2 taels of gold will be "carried" directly.

Gia vang tang, nguoi co nhu cau mua vao van tap nap trong cua hang. Anh: Ha Linh
Gold prices have increased, so people who want to buy are still busy in the store. Photo: Ha Linh

People who want to buy do not need to wait in line outside the waiting hall, sitting in turn waiting for their turn to trade inside the store. Ms. Nguyen Thi Thanh Van (Tay Ho ward, Hanoi) said: "This is the easiest time to buy gold, there is no need to jostle or queue early. I buy gold to store, not in a hurry but also want to keep a reasonable gold price to buy."

As for Ms. Phung Thi Thuy (Cau Giay, Hanoi), she needs to buy 2 more to complete the loan: "In September, the couple tried to buy a house in the suburbs of Hanoi, had an additional loan from outside, borrowed in gold, so they asked to pay in gold. Today the price is still high, even higher than when I bought 500,000 VND/tael, but I still have to accept it".

In addition, gold jewelry products also attract the attention and purchase of people. Ms. Bui Thu Trang (Cau Giay, Hanoi) shared: "This weekend I have a close friend's wedding, I want to buy a little as a wedding gift, on Black Friday, there are many incentives".

According to the reporter's observation, the number of people waiting to sell to make a profit is equal to that of those who want to buy. Mr. Hoang Van Nghia (Hai Ba Trung, Hanoi) said: "Now that I have this area, I go to the store to sell, every time it's faster because there are few people in need who have to wait. I want to move from real estate to apartments, so I also try to mobilize all available resources to have a house soon at the beginning of the year".

Luong nguoi ngoi cho ban ra chot loi tang so voi moi ngay. Anh: Ha Linh
The number of people waiting to sell to make a profit has increased compared to normal days. Photo: Ha Linh

Gold price update

As of 11:00 on November 28, the price of SJC gold bars was listed at 152-154.2 million VND/tael (buy in - sell out).

Bao Tin Minh Chau listed the price of SJC gold bars at 152.7-154.2 million VND/tael (buy - sell), an increase of 800,000 VND/tael in both directions.

At the same time of the survey, SJC listed the price of plain round gold rings at 149.7-152.2 million VND/tael (buy in - sell out), an increase of 700,000 VND/tael.

Bao Tin Minh Chau listed the price of gold rings at 150.8-153.8 million VND/tael (buy - sell), all increased by 800,000 VND/tael.

On the world market, as of 11:00 a.m. on November 28 (Vietnam time), world gold prices turned to increase, listed around 4,185.8 USD/ounce, up sharply by 30 USD.

Hạ Linh
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