Gold price breaks out, stores do not sell, people still wait in the rain

Phương Anh | 11/10/2025 11:19

Today, October 11, domestic gold prices increased simultaneously. In Hanoi, many gold shops recorded people bustling to trade even though the shop did not sell.

Recorded by Lao Dong reporter on October 11, the domestic price of plain round gold rings and gold bars increased simultaneously.

At many gold shops in Hanoi, people's demand for gold is still constantly increasing. Despite heavy rain and many points of sale temporarily stopping, long lines of people are still waiting patiently in the hope of buying gold bars or gold rings.

Ngay 11.10 , du troi mua lon, nhieu nguoi xep hang dai truoc cua hang vang bac da quy tai Ha Noi de co the mua vang. Anh: Phuong Anh — On October 11, despite heavy rain, many people lined up in front of a jewelry store in Hanoi in the hope of being able to buy gold. Photo: Phuong Anh

On Tran Nhan Tong street (Hanoi), Ms. Nguyen Minh Ngoc (Hoan Kiem ward, Hanoi) said:

"I have come here to queue many times, each time I can only buy 1 to 2 taels of gold. Once the shop sold both gold bars and rings. Today, the staff announced that the store would not be selling, but many people were still waiting, so I also waited."

Ms. Ngoc added that if she can't buy it today, she will continue to buy it the next day.

Nhieu diem kinh doanh vang o Ha Noi thong bao tam ngung ban ra. Anh: Phuong Anh — Many gold trading points in Hanoi have announced that they are temporarily out of gold rings and gold bars. Photo: Phuong Anh

For Ms. Pham Thi Nhai (70 years old, Cua Nam ward, Hanoi), she arrived early and called relatives to go with her because she did not know the transfer, while gold transactions over 20 million VND must be paid through the bank.

"I want to buy a yellow plant. Currently, the shop has announced that there are no gold bars and rings, but I still want to wait, who knows, they will soon be sold" - Ms. Nhai shared.

Gold price update

As of 10:30 a.m. on October 11, the price of SJC gold bars was listed by DOJI Group and Bao Tin Minh Chau at VND 140.8 - 142.8 million/tael (buy - sell), an increase of VND 900,000/tael in both directions compared to yesterday morning. The difference between buying and selling prices is at 2 million VND/tael.

Phu Quy Jewelry Group listed the price of SJC gold bars at 140 - 142.8 million VND/tael (buy - sell), an increase of 1.5 million VND/tael for buying and an increase of 900,000 VND/tael for selling compared to yesterday morning. The difference between buying and selling prices is at 2.8 million VND/tael.

As of 10:35 a.m. on October 11, DOJI Group listed the price of gold rings at 136.8 - 139.8 million VND/tael (buy - sell), unchanged in both directions compared to yesterday morning. The difference between buying and selling is 3 million VND/tael.

Bao Tin Minh Chau listed the price of gold rings at 138.4 - 141.4 million VND/tael (buy - sell), an increase of 600,000 VND/tael in both directions compared to yesterday morning. The difference between buying and selling is 3 million VND/tael.

Dien bien gia vang nhan nhung phien giao dich gan day. Bieu do: Khuong Duy — Gold ring price developments in recent trading sessions. Chart: Khuong Duy

Phu Quy Gold and Stone Group listed the price of gold rings at 137.3 - 140.3 million VND/tael (buy - sell), an increase of 600,000 VND/tael in both directions compared to yesterday morning. The difference between buying and selling is 3 million VND/tael.

On the world market, the world gold price was listed at 8:15 a.m. on October 11 at 4,016.4 USD/ounce.