Buyers excitedly queue up to buy 5 taels of gold
Recorded by Lao Dong reporters at some gold shops from 9am to 10am on October 20, the domestic price of plain round gold rings and gold bars maintained its increase. No more notice of temporary depletion, people line up to make transactions when stores sell out simultaneously.
According to the announcement of a gold shop on Cau Giay Street, Hanoi, each customer is allowed to buy 5 taels of plain round gold rings, different from the scene of temporarily announcing that they have been out of stock for many days.
Ms. Tran Thu Ha (Cau Giay, Hanoi) was lucky to buy 5 taels of gold this morning and shared: "This afternoon, I will probably still issue the next ticket, this morning I issued 300 taels, I was 11 so I was lucky to buy. Yesterday, the store also distributed 2 times, morning - afternoon, 5 taels of gold/customer. At 8:30 am, I left home, luckily I was right at the place where the store announced that I was lining up, so I was able to go in and buy. Almost all of the buyers today, few of the sellers".
Similarly, Ms. Dam Tuyet, who lives in the Lac Long Quan street area, Hanoi, said: "Today I also got the ballots, but 5 days ago I didn't sell them. It took me a whole month to buy gold. I don't know, I didn't know when I first bought it, there were days when I couldn't even stand from 8am to 4pm to buy it. I had to ask my father on Chua Ha Street to queue up for me, but sometimes I couldn't catch up."
Many people said that the shop announced that there were transactions of plain round gold rings and gold bars suddenly, so to be sure to "hold gold in hand" they had to stand on duty for many hours.
Gold price update
As of 11:30 on October 20, the price of SJC gold bars was listed at VND150.5 - 151.5 million/tael (buy - sell), an increase of VND1.1 million/tael for buying and VND500,000/tael for selling.
Bao Tin Minh Chau listed the price of gold bars at 155.5-158.5 million VND/tael (buy - sell), unchanged compared to the previous session's closing price.
At the same time of the survey, SJC listed the price of plain round gold rings at 148 - 150.2 million VND/tael (buy - sell), unchanged from yesterday.
Bao Tin Minh Chau listed the price of gold rings at 155.5-158.5 million VND/tael (buy - sell), unchanged compared to the previous session's closing price.
In the world market, as of 11:30 a.m. on October 20 (Vietnam time), the world gold price increased by 9.3 USD, listed around 4,260.1 USD/ounce.
