Recorded by Lao Dong reporter on the morning of December 10, 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.
According to information issued from the store, the quantity of plain round gold rings sold this morning is unlimited. However, people who buy a maximum of 50 taels of plain round gold rings will be "holded gold" in their hands, paid according to the casting product into 10 taels of gold/tael.
Many people had to come early and wait in line on the 2nd floor of the store. Meanwhile, most gold shops have announced that they are out of gold bars. Mr. Nguyen Hoang Minh (Tay Ho ward, Hanoi) - a customer who came to buy gold rings - said: "I lined up outside the store before the transaction time, there were about 30 more people before me, only on the first floor. As for the number of customers waiting on the 2nd floor, they will transact directly there. At the end of the year, I want to buy gold with more savings."
Mr. Minh added that he plans to invest in real estate next year, moving from gold to land.
Not only interested in gold products, Mr. Do Thanh Duy (My Dinh, Hanoi) - a customer who buys both silver and gold - said: "Last time, I bought 5 taels of silver, now when it's convenient, I plan to buy both gold and silver. I bought 2 more taels of plain round gold rings, and the price of silver is also quite high, I am wondering whether I should buy them or not".
Sharing the same mentality, Ms. Nguyen Thi Phan (Cau Giay, Hanoi) refers to many gold products and believes that when the price of gold increases, she hesitates to buy or sell.
"The most recent thing I bought was 15 million VND/tael, there were cases where I needed to sell when the gold price increased, so I lost hundreds of thousands of VND. Today, if I sell it at a low profit, only 100,000 VND/tael, I will buy 1 more tael. If there are any people selling, I will buy them right away, without having to wait too long" - Ms. Phan shared.
Gold price update
As of 10:37 a.m. on December 10, the listed price of SJC gold bars was VND152.7-154.7 million/tael (buy in - sell out), an increase of VND1 million/tael.
Bao Tin Minh Chau listed the price of SJC gold bars at 152.7-154.7 million VND/tael (buy - sell), an increase of 1 million VND/tael in both directions.
At the same time of the survey, SJC listed the price of plain round gold rings at 149.6-152.1 million VND/tael (buy in - sell out), an increase of 800,000 VND/tael.
Bao Tin Minh Chau listed the price of gold rings at 151-154 million VND/tael (buy in - sell out).
On the world market, as of 10:40 a.m. on December 10 (Vietnam time), world gold prices continued to increase, listed around 4,207.5 USD/ounce, up slightly by 0.3 USD.
