According to Lao Dong reporters, in recent days, although the price of plain round gold rings has increased to a record high, many people continue to choose to go to gold shops to buy.
However, buying gold rings is still difficult at this time, many stores continue to limit the quantity and time of purchase each day. Some places even temporarily stop trading and do not sell.
Waiting from morning to afternoon at a gold shop on Tran Nhan Tong Street (Hanoi) but still unable to buy gold rings, Ms. Nguyen Thi Linh (Hai Ba Trung District, Hanoi) - said: "For the whole month, the price of gold rings has remained high but I still hesitate to buy because I am afraid it will only increase in the short term.
However, the price of the ring is increasing so fast, faster than depositing money in the bank, that I cannot miss this opportunity. Today, the store I am waiting for announced that it is not for sale, I will still try to wait to buy even 1 tael, because maybe they will open for sale at the end of the day."
As for Mr. Nguyen Van Hung (Hoan Kiem district, Hanoi) - last September he bought 5 taels of gold rings - now he continues to queue up to buy more.
"Gold rings also go up and down sometimes, sometimes I have the intention to sell to make a profit but have not decided yet. The price has increased sharply in the past few days, even though the waiting time is long, I am still determined to wait until the store announces the sale" - Mr. Hung said.
Sharing with Lao Dong reporter, an employee at a gold trading store in Cau Giay district (Hanoi) said: "The store has announced that it will not sell plain gold rings because it is out of rings, but will only trade in all kinds of jewelry. However, the situation of people lining up in front of the door still occurs from morning to afternoon.
Previously, on October 22, after 5:00 p.m., our store sold one tree per person, no individual sales.
Update gold price
As of 6:00 a.m. on October 24, the price of SJC gold bars listed by DOJI Group was at VND87 - 89 million/tael (buy - sell). The difference between the buying and selling prices of SJC gold at DOJI Group was VND2 million/tael.
Meanwhile, Bao Tin Minh Chau listed the price of SJC gold at 87 - 89 million VND/tael (buy - sell). The difference between the buying and selling price of SJC gold at Saigon SJC Jewelry Company is at 2 million VND/tael.
At the same time, the price of 9999 Hung Thinh Vuong round gold rings at DOJI was listed at 88 - 89 million VND/tael (buy - sell).
Bao Tin Minh Chau also adjusted the price of plain round gold rings to increase to 87.48 - 88.98 million VND/tael (buy - sell).
World gold price at 11:00 p.m. on October 23 (Vietnam time) listed on Kitco was at 2,720 USD/ounce.