Interrupting the series of price reductions, this morning, plain round gold rings and domestic gold bars stabilized at most brands. At gold business stores on Cau Giay street, Hanoi, the scene of customers with buying needs continues to be bustling.
According to information released from the store, the quantity of plain round gold rings sold this morning is unlimited. As of 10:14 am, if customers need to buy 2 or 3 taels of gold, they will be able to trade directly, the quantity from 1 tael or more than 4 taels, receiving appointment slips until March 28.
Nearly 1 hour before opening for sale, Ms. Pham Thanh Tam (Xuan Phuong ward, Hanoi) shared: "Today I arrived at 8 am, the store had not yet opened for transactions. At that time, the store still had samples for transactions and the quantity was unlimited, but towards noon, the store staff announced that it was gradually running out. I bought 5 taels of gold rings to accumulate assets, I haven't received gold immediately but the price is stable, take advantage of buying them now".
Ms. Tam added that many people accept going early, but there are also many people who come late so that the number of customers waiting is less than at the beginning of the morning.
Today, until almost noon, I still feel crowded, after one round, the stalls sit and wait, then turn around for a new round" - Ms. Tam informed.
Similarly, for people who go early to queue to buy gold rings like Ms. Le Lan Chi (Nghia Do ward, Hanoi), the journey to buy gold takes about half a day. "I buy from 5 taels of gold rings or more, I am not allowed to take the gold back immediately, I promise to return the goods after 12 days. If anyone goes to buy branded gold, they must go early, wait first rather than wait later" - Ms. Chi shared.
Many people had to turn around and leave because the store announced that they were out of 0.5 taels of gold at the end of the morning. Mr. Bui Thanh Son (Cau Giay ward, Hanoi) - a customer who agreed to leave - said: "I am still young, I will buy gold as much as I can save. Today I only bought an additional 0.5 taels of gold, but the store announced that it was sold out, although the price is lower than many days ago".
Whether transferring money or cash, I also have to sit and wait in long queues like this, when it's my turn to buy, the staff will report to the main store to get gold. The waiting time will be very long, and I'm not in a hurry, so I'll wait until another day to go in and out to buy" - Mr. Son said.
Gold price update
As of 11:22 am on March 16, SJC gold bar price was listed at 179.6-182.6 million VND/tael (buying - selling), unchanged compared to the previous closing session.
Bao Tin Minh Chau listed the price of SJC gold bars at 179.6-182.6 million VND/tael (buying - selling).
At the same time as the survey, SJC listed the price of plain round gold rings at the threshold of 179.1-382.3 million VND/tael (buying - selling), unchanged compared to the closing session last weekend.
Bao Tin Minh Chau listed the price of gold rings at 180-183 million VND/tael (buying - selling).
On the world market, as of 11:23 AM on March 16 (Vietnam time), world gold prices had a deep downward adjustment, listed around the threshold of 5,023.7 USD/ounce, up 6 USD.
