People line up to buy 10 taels of gold rings

Hạ Linh |

Gold prices remained unchanged in this morning's trading session (November 21), people lined up to trade 1 tael of gold rings but had a deadline to get the goods.

Recorded by Lao Dong reporter at 10:05 today (November 21), the domestic price of plain round gold rings and gold bars remained unchanged at all brands. At a gold shop on Cau Giay Street, Hanoi, the scene of queuing up was once again bustling after the gold market "cooled down".

However, buyers can only hold plain round gold rings in hand if they trade 5 taels of gold. With a maximum of 10 taels of gold sold this morning, people will have to deposit money, after 10 days of receiving the product.

Ms. Phung Thu Thuy (Cau Giay, Hanoi) passed by the store so she took the opportunity to buy, said: "In 2019, I bought gold rings that only fluctuated around more than 30 million VND/tael. After that, I also sold it to switch to buying land. At that time, buying was not as easy as it is now, just need money to buy".

Meanwhile, many people are somewhat hesitant to buy gold to pay for their wedding anniversary. Ms. Do Minh Trang (Cau Dien, Hanoi) frankly shared: "Gold has increased, I do not intend to buy gold as a wedding gift, a burden for both sides. Some people have been playing with their best friend for 10 years, giving them 2 taels of gold rings as wedding gifts, but when they get married, that friend won't attend or send a happy message".

As for the elderly who come to buy gold like Mr. Tran Van Binh (Cau Giay, Hanoi), they want to buy more than 1 tael of gold rings with the help of family members.

"I usually carry cash when I buy gold, with the new regulation that over 20 million VND must be transferred, I call my son. When I need to transfer money, I will send my child a QR code via text message, the sales invoice is still my name, my citizen identification card" - Mr. Binh said.

Nguoi dan tiep tuc ngoi cho giao dich mua vao vang nhan tron tron o tang 1 va tang 2. Anh: Ha Linh
People continue to sit and wait for transactions to buy plain round gold rings on the first and second floors. Photo: Ha Linh

Gold price update

As of 11:30 on November 21, the price of SJC gold bars was listed at VND 148.3-150.3 million/tael (buy in - sell out), unchanged from the previous trading session.

Bao Tin Minh Chau listed the price of SJC gold bars at 147.8-150.8 million VND/tael (buy in - sell out).

At the same time of the survey, SJC listed the price of plain round gold rings at 145.9-148.4 million VND/tael (buy in - sell out), keeping the same price as the closing price.

Bao Tin Minh Chau listed the price of gold rings at 147.8-150.8 million VND/tael (buy - sell), down 500,000 VND/tael compared to the same time yesterday (November 20).

On the world market, as of 11:30 a.m. on November 21 (Vietnam time), the world gold price was on a downward trend, listed around 4,059.3 USD/ounce, down 17.1 USD.

Hạ Linh
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