Although the price of gold rings and gold bars is still maintained at a high level, records by Lao Dong Newspaper reporters on March 17 in the Tran Nhan Tong street area, Mai Hac De (Hanoi) show that many people are still persistently queuing in front of gold shops to wait for transactions.
Most customers who come to buy only choose small quantities, ranging from one to a few chi, with the aim of making savings.
On Mai Hac De street, Ms. Do Thu Uyen (Bach Mai ward) said she waited for nearly an hour to buy 1 chi of gold rings. She shared that although gold prices are high, buying small portions still helps to save easily for a long time.
High prices are indeed a bit hesitant, but I think gold is still a safe savings channel. Each time you buy from 0.5 - 1 chi, it's like saving gradually, avoiding having to spend a large amount of money at the same time" - Ms. Uyen shared. She also said that she had been monitoring gold price fluctuations for many days before deciding to buy.
Similarly, Mr. Pham Huu Nam (Hai Ba Trung ward) also patiently queued to wait to buy gold rings, with the intention of buying 1 chi of plain round gold rings. He believes that although gold prices have fluctuated sharply recently, many people are still concerned, but the trend of keeping a part of assets in gold is still common.
I don't buy much, only buy 1 chi. Mainly to save, like saving money for a long time. Seeing prices fluctuate continuously, I was hesitant, but thinking again, if I need to keep money, buying little by little is also reasonable" - Mr. Nam said.
Present at Tran Nhan Tong street, Ms. Ngo Mai Phuong (Hai Ba Trung ward, Hanoi) said that this is the first time she has queued to buy gold. She plans to choose 0.1 chi gold rings to save money.
I plan to buy 0.1 taels of gold rings first because this is the first time I have come to the store. Because not every store has 0.1 taels, my store chooses to buy, I have to queue each person to be able to transact" - Ms. Phuong shared.
Gold price update
As of 1:00 PM, SJC gold bar prices were listed by DOJI Group at the threshold of 179.6-182.6 million VND/tael (buying - selling), unchanged in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.
SJC gold bar price is listed by Bao Tin Minh Chau at the threshold of 179.6-182.6 million VND/tael (buying - selling), unchanged in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.
Phu Quy Jewelry Group listed SJC gold bar prices at 179.6-182.6 million VND/tael (buying - selling), unchanged in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.
At the same time, DOJI Group listed the price of gold rings at the threshold of 179.6-182.6 million VND/tael (buying - selling), going sideways in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at the threshold of 179.6-182.6 million VND/tael (buying - selling), down 400,000 VND/tael in both directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.
At 9:02 am, world gold prices were listed around the threshold of 5,025.5 USD/ounce, up 19.1 USD compared to the previous day.
See more news related to gold prices HERE...
