In the last days of the year, in Ho Chi Minh City, many gold shops recorded a sudden increase in the number of customers. Especially at large stores in the central area, many people were present early, lining up before opening time in the hope of buying gold rings and gold bars. However, due to limited supply, the amount of gold distributed to the market often ends up very quickly, many places said that just a few minutes after opening the online gold purchase registration system, the turn of the gold purchase was over.
On December 26, it was noted that at a large gold shop on Nguyen Thi Minh Khai Street, the number of customers trading was quite large. The staff continuously guides the process, and at the same time notifies customers of the registration form for buying gold rings per day.
Mr. Dang Thai Hoa (residing in Tan My ward) said he had been there since 7am: "I needed to buy gold rings so I took the opportunity to come early to make a trade, because there were many times before when I stopped by noon and there were no more goods. Gold bars have been too difficult to buy recently, I have been waiting for the full price to register online, so I have temporarily switched to buying gold rings.
Not only middle-aged people, many young people also come to buy gold rings instead of gold bars because they are easier to buy and do not need to wait long. At a store in Gia Dinh ward, the employee said that gold rings are sold continuously, and there are times when customers crowded the transaction counter. Some small-weight plain ring models have been almost sold out since morning.
Ms. Thuy An (Hoa Hung ward) shared: "I wanted to buy gold bars to keep, but I couldn't buy them after several days of hunting. Today, I switched to buying gold rings because it is easier to buy, cheaper, and more convenient to accumulate.
According to stores, demand has increased sharply partly due to the psychology of buying and storing at the end of the year, partly due to concerns that gold prices may continue to fluctuate.
At 10:30 a.m. on December 26, in Ho Chi Minh City, the price of SJC gold bars was listed by the enterprise at 157.2 million VND/tael for buying and 159.2 million VND/tael for selling; at Mi Hong it was 158.0 - 159.2 million VND/tael.
The price of gold rings at SJC is at 153.1 - 156.1 million VND/tael (buy - sell); while at Mi Hong is 158.0 - 159.2 million VND/tael.
