Recorded by Lao Dong reporter at 9:00 a.m. on April 8, the price of plain round gold rings and domestic gold bars increased and decreased in different directions.
At some gold shops on Tran Nhan Tong Street (Hanoi), people's demand for gold rings is increasing. Many people are willing to wait in long lines to buy gold rings.
Mr. Le Manh Quan (Hoan Kiem District, Hanoi) - a customer waiting to buy gold rings - shared: "I have been queuing since 8:30 am with everyone but the staff has not yet announced when to sell and how much to sell to customers. So I'm still waiting."
Mr. Quan said that today, the store sells as much as it needs, he will buy as much as he wants, both as savings and as a form of long-term investment.
Similarly, Ms. Tran Thu Trang (Dong Da district, Hanoi) also wants to buy gold rings. She has been here since the store opened.
"In recent days, most stores have limited the quantity of gold rings sold. Each day, a person can only buy a maximum of 1 - 2 taels of gold. Currently, the store has not opened for sale. I will wait for about another hour, if I still do not open for sale, I will go back and come back another day" - Ms. Trang said.
While many people are waiting to buy gold, Mr. Nguyen Xuan Hung (Dong Da district, Hanoi) is hesitant about whether to sell or not.
"This morning, I went to a gold shop on Tran Nhan Tong Street to see if there were many sellers making a profit. Currently, people are still lining up to buy. If I sell, I will also make a profit, but I am afraid the price will increase the next day. Maybe I will think more" - Mr. Hung said.
Gold price update
As of 11:00 on April 8, the price of SJC gold bars was listed by DOJI Group at 97.3 - 99.8 million VND/tael (buy - sell); an increase of 200,000 VND/tael for buying and a decrease of 300,000 VND/tael for selling compared to early in the morning.
The difference between buying and selling prices is at 2.5 million VND/tael.
Bao Tin Minh Chau listed the price of SJC gold bars at 97.5 - 99.8 million VND/tael (buy - sell); increased by 200,000 VND/tael for buying and decreased by 300,000 VND/tael for selling compared to early in the morning.
The difference between buying and selling prices is at 2.3 million VND/tael.
At the same time, the price of 9999 Hung Thinh Vuong round gold rings at DOJI was listed at 97.3 - 99.8 million VND/tael (buy - sell); an increase of 600,000 VND/tael for buying and a decrease of 300,000 VND/tael for selling compared to early in the morning.
Bao Tin Minh Chau listed the price of gold rings at 97.7 - 100 million VND/tael (buy - sell); increased by 100,000 VND/tael for buying and decreased by 300,000 VND/tael for selling compared to early in the morning.
As of 11:10 a.m. on April 8 (Vietnam time), the world gold price listed on Kitco was at 2,999.6 USD/ounce.
