Expensive gold ring in Ho Chi Minh City when gold price exceeds 106 million VND/tael

Hạ Mây |

Ho Chi Minh City - April 13, domestic gold price at the threshold of over 106 million VND/tael, leading to the scene of people waiting in a long line to buy at many large golden stores.

At Mi Hong Gold Shop (Binh Thanh District), guests to the transaction are always bustling. The number of buyers to occupy overwhelming, only the people bring gold to sell profit. In particular, gold rings are still the items that many people choose to buy.

"I see the price of gold increases, afraid to go up, so I go to buy a few just for peace of mind. I have never seen such high gold price" - Ms. Tran Minh (Go Vap District) said.

Vang nhan tiep tuc duoc nhieu nguoi dan mua vao. Anh: Ha May
Gold rings continue to be bought by many people. Photo: Ha May

Lap buy 2 golden gold threads at a gold shop on Nguyen Trai Street (District 5), Ms. Nguyen Diem (living in District 5) said: "At this time, the price of gold is high in the threshold but I still decided to buy it because I only stored, not 'surfing'. I chose to buy gold rings because it was easy to buy, easy to sell in small stores."

Domestic gold price is rising rapidly. PhD. Nguyen Tri Hieu - Economic expert - said that Vietnam's gold market is greatly influenced by the development of the world gold market.

According to Mr. Hieu, the global gold market now undergo a strong volatile stage, mainly due to issues related to tariff policies. Meanwhile, the stock market proved very precarious under the impact of tariffs; The real estate market has not shown signs of prosperity and other investment channels are also lacking in stability. Investors feel that only gold is the safest shelter at this time.

Closing the weekly session, Doji Group listed SJC gold price at 103-106.5 million VND/tael (purchased - sold). Saigon SJC Jewelry Company listed SJC gold price at 103-106.5 million VND/tael (purchased - sold).

The price of round ring in DOJI listed at the threshold of 101.2-104.8 million dong/tael (purchased - sold). SJC's 1-5 gold ring price is listed at 101.4-104.9 million VND/tael (buying-selling).

Hạ Mây
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The reasons why gold price sublimated

Phan Anh (Theo Kitco) |

According to Kitco, the volatile global financial market has pushed gold prices to a new record high.

Gold price increases, buyers cautiously spend money

Phan Anh |

Gold bar and gold ring prices both skyrocketed on April 11. Instead of rushing to buy, many people choose to observe, because they are hesitant before deciding to spend money.

Experts make surprising predictions about gold prices next week

Phan Anh (Theo Kitco) |

After a volatile week, optimism has returned to the gold market. Gold prices are expected to continue to increase as investors seek a safe haven.