Gold price exceeds 97 million VND/tael, making it easy for people in Ho Chi Minh City to sell and difficult to buy

Như Quỳnh |

HCMC - Gold price exceeds 97 million VND/tael for selling, but it is not easy to buy. Major brands are limited in purchases or have times when they are out of stock.

According to Lao Dong at some gold and silver shops in District 3, Binh Thanh District, District 5... in recent days, the gold trading situation has been quite bustling.

The price of gold bars is always at a very high level, exceeding the threshold of 97 million VND/tael for sale, but it is not easy for people to buy. Many major domestic brands have limited their gold purchases or are at times "out of stock".

Tinh hinh mua ban vang o mot cua hang kinh doanh vang tai Quan 3 khong qua dong duc, giao dich dien ra nhanh chong, tuy nhien nguoi dan ban de, kho mua. Anh: Nhu Quynh
The situation of buying and selling gold at a gold shop in District 3 is not too crowded, the transaction takes place quickly, however, people find it difficult to buy. Photo: Nhu Quynh
Nguoi dan muon mua vang mieng SJC phai dat truoc. Anh: Nhu Quynh
People who want to buy SJC gold bars must order in advance. Photo: Nhu Quynh

On the morning of March 18, Mr. Luong Ba Quan (residing in Go Vap District) went to a gold shop on Nguyen Thi Minh Khai Street, District 3 to buy SJC gold bars, however, he had to return because he did not order online before coming to the store.

I didnt know that the store only limits a certain number of purchases each day and had to pre-order to get a transaction. I left information, waiting for the store to schedule a meeting to receive the gold. I didn't think gold would be so difficult to buy at this time" - Mr. Quan said.

At Mi Hong gold shop in Binh Thanh district, Ms. Pham Bich Huyen (residing in District 1) shared that she planned to buy 3 taels of plain round gold rings, but the shop stipulates that each person can buy a maximum of 2 taels, the gold bars are currently out of stock.

Nguoi dan den mua vang. Anh: Nhu Quynh
Although gold prices have continuously hit new peaks, people's demand for buying is still very high. Photo: Nhu Quynh

"When I came to buy gold, the trading time was quick, however, the quantity of gold sold by the store was limited, so it was quite difficult to buy. I predict that if the price of gold increases at this rate, it will quickly reach 100 million VND/tael" - Ms. Huyen said.

Nguoi dan thuc hien giao dich tai cua hang kinh doanh vang bac. Anh: Nhu Quynh
People conduct transactions at Saigon Jewelry Company SJC. Photo: Nhu Quynh

At gold shops around Tan Dinh market (District 1), An Dong market (District 5)... some gold shops also reported that they were out of gold rings.

As of 10:00 on March 18, the price of SJC gold bars was listed by Saigon Jewelry Company SJC and DOJI Group at VND95.7-97.2 million/tael (buy in - sell out).

The price of gold rings at DOJI is listed at 95.9-97.4 million VND/tael (buy - sell). Saigon Jewelry Company SJC listed 95.6-97.1 (buy in - sell out).

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