Recorded by Lao Dong reporter at 12:00 on March 25, domestic gold prices increased and decreased in different directions. At some gold shops on Cau Giay Street (Hanoi), many people continue to hunt for gold rings.
However, owning gold rings at this time is quite difficult, because the stores limit the number of rings each day.
Ms. Ngo Linh Anh (Cau Giay District, Hanoi) - a customer who came to buy gold rings at a gold shop on Cau Giay Street, Hanoi - shared:
"Smooth round gold rings or SJC gold bars are quite difficult to buy at this time and are also out of stock quickly. Today, the store announced a maximum of 2 taels per person. I arrived here at 10am, after more than 2 hours of waiting but it was not my turn to do the transaction, so I had to go home".
Ms. Linh Anh said that if she had time, she would continue to come back the next day to wait to buy.
Mr. Nguyen Tien Linh (Bac Tu Liem District, Hanoi) decided to continue waiting for his turn to buy gold rings.
"I want to buy gold as a savings asset. The shop sells as much as I buy. Currently, I am still waiting for my turn to enter the transaction" - Mr. Linh said.
While many people are waiting to buy gold, some people decide to sell.
Ms. Bui Lan Nhi (Cau Giay District, Hanoi) - a customer coming to a gold shop on Cau Giay Street, Hanoi - said: "The gold price is still at a high level, so I decided to sell it to make a profit".
According to Ms. Nhi, although they do not have to queue like customers buying gold, the transaction process for customers coming to sell gold also takes a lot of time. The store will have separate stalls to check the type of gold that people bring to sell.
Gold price update
As of 13:20 on March 25, the price of SJC gold bars was listed by DOJI Group at VND95.6 - 97.6 million/tael (buy - sell); increased by VND500,000/tael for buying and remained unchanged for selling compared to early in the morning.
The difference between buying and selling prices is at 2 million VND/tael.
Bao Tin Minh Chau listed the price of SJC gold bars at VND95.7 - 97.6 million/tael (buy - sell); increased by VND400,000/tael for buying and kept unchanged for selling.
The difference between buying and selling prices is at 1.9 million VND/tael.
At the same time, the price of 9999 Hung Thinh Vuong round gold rings at DOJI was listed at 95.8 - 98.4 million VND/tael (buy - sell); unchanged in both buying and selling directions compared to early in the morning.
Bao Tin Minh Chau listed the price of gold rings at 96 - 98.5 million VND/tael (buy - sell); kept the same for buying and decreased 100,000 VND/tael for selling compared to early in the morning.
As of 1:00 p.m. on March 25 (Vietnam time), the world gold price listed on Kitco was at 3,018.2 USD/ounce.
