Recorded by Lao Dong reporter at 9:15 am today (November 17), 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 line up to buy gold.
However, at 9:34 a.m., the store had not issued the first notice, and the first person informed the next person. Ms. Tran Hong Minh (Cau Giay, Hanoi) said: "We waited for 15 minutes but the store had not announced, there were days when people were waiting for their turn and were out of stock, some people opened their stores in the early afternoon. No day is the same as another day, let's just get lost."
No votes are recorded, there is no longer a situation of "falling in line", people lining up according to the red line with red lines. A total of 10 people of each shop were allowed to enter the store to trade directly.
Ms. Bui Thi Tham (Tay Ho ward, Hanoi) waiting in line to trade gold rings said: "Today I want to buy 3 taels, 6km from my house here. I am used to buying in the Cau Giay area, so I often come here to buy. I bought it mainly to store, not to recommend, to store little by little to let my children buy a house in the future".
For the elderly, buying gold is somewhat difficult when Decree No. 232/2025/ND-CP supplements Clause 10, Article 4 of Decree No. 24/2012/ND-CP on payment for buying and selling gold: "The payment for buying and selling gold with a value of VND20 million or more per day of a customer must be made through the customer's payment account and the payment account of a gold trading enterprise opened at a commercial bank or foreign bank branch".
Mr. Nguyen The Hung and his wife (My Dinh ward, Hanoi) excitedly went into the store to buy gold rings and quickly left - sharing: "Today, each person is allowed to buy a maximum of 5 taels of gold rings, only to make a transaction in the next 5 days. We are not good at transferring money, so we can only buy 1 tael of gold rings. Now I have to run to the bank to withdraw money to be able to return to buy more".
Many people lining up to buy gold today are similar to the time of subsidy.
Gold price update
As of 10:30 a.m. on November 17, the price of SJC gold bars was listed at 149-151 million VND/tael (buy in - sell out).
Bao Tin Minh Chau listed the price of SJC gold bars at 149.5-151 million VND/tael (buy - sell), an increase of 500,000 VND/tael for buying.
At the same time of the survey, SJC listed the price of plain round gold rings at 146.5-149 million VND/tael (buy in - sell out).
Bao Tin Minh Chau listed the price of gold rings at 148-151 million VND/tael (buy in - sell out).
On the world market, as of 10:30 a.m. on November 17 (Vietnam time), world gold prices reversed and dropped, listed around 4,076.8 USD/ounce, down 3.9 USD.
