On the morning of January 24, reporters' records at some large gold shops in Ho Chi Minh City showed that there were a number of customers waiting to buy gold when gold prices were high. However, contrary to customer expectations, many stores announced that gold rings were out of stock after only a short time of opening.
At Mi Hong Co., Ltd. (Gia Dinh ward), from early morning, dozens of people came to queue to buy gold. Ms. Vo Thi Quyen (resident of Gia Dinh ward) said that she came from 6:30 am with the desire to buy 1 chi of gold rings. “I see the gold price is high but still want to buy a little to be reassured. Unexpectedly, I had to queue for an hour to buy gold” - Ms. Quyen shared.
Similarly, Mr. Tran Minh Huy (Nhieu Loc ward) said that he went through three large gold shops in the morning but all received the answer that there were no more gold rings. "Price is high but the store does not sell much, so it is difficult to buy" - Mr. Huy said.
At the headquarters of Saigon Jewelry Company Limited - SJC (Ban Co ward), each customer is allowed to buy a maximum of 1 chi of gold rings. Currently, SJC store on Nguyen Thi Minh Khai street is the only branch performing gold rings transactions. In addition to opening hours during office hours from Monday to Friday, this branch has recently also served Saturday mornings, from 8:30 AM to 11:30 AM.
For the need to buy gold bars, people still have to register online. Only customers who have been successfully registered by SJC are allowed to enter the store to make transactions.
The difficulty in buying gold rings and gold bars in the past time has also caused many customers to change their shopping habits. Instead of continuing to wait, many people choose to switch to buying jewelry or gold prodigy products to both be able to store and meet usage needs.
According to records at some stores, the number of customers asking to buy these product lines has tended to increase in recent days. Some gold shops said that jewelry gold is easier to sell due to abundant supply, diverse designs and not being limited in purchase quantity such as gold rings or gold bars.
At about 9:30 am on January 24, in Ho Chi Minh City, the price of SJC gold bars was listed by businesses at 172.3 million VND/tael for buying and 174.3 million VND/tael for selling; in Mi Hong it was 172.8 - 174.3 million VND/tael.
The price of gold rings at SJC is at 170.5 - 170.5 million VND/tael (buying - selling); while at Mi Hong it is 172.8 - 174.3 million VND/tael.
