On the morning of March 21, when domestic gold prices adjusted down, Lao Dong Newspaper reporters' records showed that the number of people coming to gold business streets such as Mai Hac De, Tran Nhan Tong (Hanoi) tended to increase compared to normal days.
On Mai Hac De street, from about 8:45 am, many people were present in front of gold shops to wait for transactions. The number of customers mainly concentrated at large stores, making the front area more crowded, and latecomers had to wait or monitor the situation of receiving customers from the store.
Sharing with reporters, Ms. Do Thu Hoai (Bach Mai ward) said that she was present early but still had to queue for a long time. "I arrived at 7:30 am and it was already very crowded. When I entered the queue, I was given the number 208, there were still many people behind me" - Ms. Hoai said.
According to Ms. Hoai, immediately after opening, the store announced that it would not accept new customers due to the large number of people. "Now those who come later almost have no chance to queue anymore. I planned to buy 0.5 taels of gold, but I also don't know if I can buy it because I have to wait for a very long time" - she shared.
Ms. Hoai also shared that for customers who need to buy from 1 chi of gold rings or more, the store will post-order.
Meanwhile, many people have decided to return because they cannot access the store. Mr. Pham Duy Tung (Hai Ba Trung ward) said that he has come to buy gold twice but both times unsuccessfully.
Yesterday I came but it was too crowded so I couldn't get in. This morning when I returned, the situation was still the same, even more crowded. The store announced that it would no longer accept customers, so I had to go home" - Mr. Tung said.
According to Mr. Tung, not just one store but many gold business locations on major streets are overloaded. "I walk through several stores on the street and see people queuing very long. Most people gather at major brands because they feel more secure, gold is more guaranteed" - he added.
Similarly, on Tran Nhan Tong street, Ms. Ngo Thi Tram (Ba Dinh ward) also chose to go to large stores with the desire to buy gold when prices decreased. However, after moving through many locations, she still could not carry out the transaction.
I walked along both Mai Hac De and Tran Nhan Tong streets, but every store was full of customers. Some places even announced that they would not accept more people very early, so I could not queue" - Ms. Tram said.
Ms. Tram said that although she needed to buy gold, having to wait too long made her decide to leave. "Seeing too many people, I didn't want to wait for hours, so I had to go home, waiting for another convenient occasion" - she said.
Gold price update
As of 10:15 am, SJC gold bar prices were listed by DOJI Group at 168-171 million VND/tael (buying - selling), down 3.3 million VND/tael in both buying and selling directions compared to yesterday morning.
SJC gold bar price was listed by Bao Tin Minh Chau at the threshold of 168-171 million VND/tael (buying - selling), down 4.5 million VND/tael in both buying and selling directions compared to yesterday morning.
At the same time, DOJI Group listed the price of gold rings at 168-171 million VND/tael (buying - selling), down 3.3 million VND/tael in both buying and selling directions compared to yesterday morning.
Bao Tin Minh Chau listed the price of gold rings at the threshold of 169.1-172.1 million VND/tael (buying - selling), down 3.7 million VND/tael in both buying and selling directions compared to yesterday morning.
The sharp decline of the international market is affecting domestic gold prices. People need to be cautious and avoid following the psychology of crowds when gold prices fluctuate strongly, especially in the context that the difference between buying and selling prices is still maintained at a high level.
See more news related to gold prices HERE...
