Gold ring prices slow down, many people take advantage of buying year-end gifts

Queuing to buy 1 tael of gold ring

According to Lao Dong reporters' records today (February 11), domestic plain round gold ring prices remain stable compared to yesterday's trading session. At some gold businesses in Hanoi, many people take advantage of going to shops to hunt for gold, some buy it as savings, and some buy it as year-end gifts.

At a gold business store on Tran Nhan Tong street (Hanoi), Ms. Do Thuy Nga (living in Bach Mai ward, Hanoi) said that the store is selling unlimited quantities of gold rings for one person. However, she has been queuing for more than 1 hour and it is still not her turn to transact.

According to Ms. Nga, the supply of gold at the store changes every day, but the number of customers coming to buy is always large, so it is not always possible to buy it immediately.

I have been queuing for more than 1 hour, waiting to buy 1 chi of gold rings. Whether the store returns the goods immediately or not depends on the quantity purchased by each customer. For example, if customers buy from 3 chi or less, they will receive it immediately, if buying from 4 chi or more, they are scheduled to return the goods on March 14" - Ms. Nga said.

Also on Tran Nhan Tong street, Ms. Bui Thi Thai Anh (Hai Ba Trung ward, Hanoi) said that today is the first time she has lined up to buy gold. She plans to buy it as a year-end gift for relatives as well as as a savings asset for herself.

I plan to buy 1 tael of gold for myself and give each parent 0.5 taels of gold rings as year-end gifts. Buying gold is both a means of accumulation and a practical gift for the family at the end of the year" - Ms. Thai Anh shared.

Meanwhile, Mr. Do Manh (Vinh Thanh commune, Hanoi) said that he queued to buy 0.1 tael gold rings. According to him, not every store has this type of gold, it is only distributed depending on each selling point, so buyers have to wait.

The 0.1 type is only of moderate value, suitable for the financial capacity of many people. I want to buy and accumulate gradually, a little each time instead of spending a large amount of money at the same time. In addition, I also plan to buy this type of gold to give to relatives and friends on the occasion of the upcoming Lunar New Year" - Mr. Manh shared.

Gold price update

As of 10:50 am, SJC gold bar prices were listed by DOJI Group at 178-181 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.

SJC gold bar price is listed by Bao Tin Minh Chau at 178-181 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 177.5-180.5 million VND/tael (buying - selling), unchanged in both directions compared to the previous day. The buying - selling difference is at 3 million VND/tael.

Phu Quy Gold and Gems Group listed the price of gold rings at 177.5-180.5 million VND/tael (buying - selling), unchanged in both directions. The buying - selling difference is at 3 million VND/tael.

At 9:10 am, world gold prices were listed around the threshold of 5,038.7 USD/ounce, down 2.4 USD compared to the previous day.