On the morning of December 18, the domestic price of plain round gold rings and gold bars continued to have an upward adjustment at most brands. At some gold shops on Cau Giay Street, Hanoi, the number of buyers and sellers has continuously increased. However, the scene of jostling in long lines early is no longer there.
According to information issued from the store, the quantity of plain round gold rings sold is unlimited, people who want to buy are lining up to wait for transactions on the 2nd floor. On the first floor, the number of people who want to sell continues to increase at the end of the year, the store operates by lottery.
As of 9:49 a.m. this morning, the number of pending sales to make a profit reached 53. Mr. Vu Duc Van (My Dinh, Hanoi) - a customer coming to the store to trade - said: "I have a voucher number of 32, the store has called to number 31 but I have been waiting for my turn to sell for about 20 minutes. Those who have just reached the number of more than 50 will have to wait a long time. I sold about 1 tael of gold, the couple saved up to buy a car".
Similarly, Ms. Le Phuong Anh (Tay Ho ward, Hanoi) shared while holding the ballot in order waiting for her turn: "Gold has decreased and then increased again, I was afraid of missing the opportunity to make a profit, so I decided to sell. The time I bought it was 10.8 million VND/tael, the profit was good, so I took it to sell to restructure my investment portfolio, and transfer it to other channels".
At this time, many customers are selling, so the store no longer limits the quantity purchased. Mr. Nguyen Minh Duc (Cau Dien, Hanoi) - a customer who came to buy - said: "People are allowed to buy according to demand, but the shop still says that the gold bars are out of stock and not for sale. I plan to buy 5 more plain round gold rings to keep, and give to my children and grandchildren in the future".
Gold price update
As of 10:44 a.m. on December 18, the price of SJC gold bars was listed at VND154.4-156.4 million/tael (buy in - sell out), an increase of VND400,000/tael.
Bao Tin Minh Chau listed the price of SJC gold bars at 154.4-156.4 million VND/tael (buy - sell), all increased by 400,000 VND/tael.
At the same time of the survey, SJC listed the price of plain round gold rings at 150.3-153.3 million VND/tael (buy in - sell out), unchanged from the previous session's closing price.
Bao Tin Minh Chau listed the price of gold rings at 152.4-155.4 million VND/tael (buy in - sell out).
On the world market, as of 10:46 a.m. on December 18 (Vietnam time), the world gold price reversed and "cooled down", listed around 4,331.4 USD/ounce, down 5.9 USD.
