Gold ring price reverses, people anxiously hunt to buy

    Phương Anh |

    Today (October 8), the price of gold rings reversed and decreased slightly following the world market, many people flocked to stores to buy.

    People continue to hunt and buy

    According to Lao Dong reporter today (October 8), although the price of plain round gold rings is still 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 frame for buying each day.

    Nhieu nguoi cho doi o mot cua hang vang bac da quy tai Ha Noi de mua. Anh: Phuong Anh
    Crowds of people come to do transactions at a jewelry store in Hanoi. Photo: Phuong Anh

    Waiting for many hours at a gold shop on Tran Nhan Tong Street (Hanoi) but still not being able to buy a gold ring, Ms. Pham Khanh Chi (Hai Ba Trung, Hanoi) said: "For the past few weeks, the price of gold rings has remained high, but I have been hesitant so I have not been able to buy any gold ring.

    However, some friends told me that they had made a profit, so today I decided to wait to buy. It was already noon and the store still hadn't announced it was open for sale, so I tried to wait a little longer. Some others seemed to be fed up with waiting, so they left early or switched to buying gold bars."

    Nhieu nguoi cho doi duoc mua vang nhan. Anh: Phuong Anh
    Many people continue to wait at a jewelry store in Hanoi to buy gold rings even though the price of gold remains high. Photo: Phuong Anh

    As for Mr. Nguyen Van Dong - living in Dong Da, Hanoi - he bought a few taels of gold rings last week but still doesn't know whether to buy more or take profit at this time.

    "I had to wait for many days to buy a small amount of gold rings to store. I often follow the gold price board, the price sometimes goes up and down so I am also worried about whether to sell or buy more. Today I went to the gold shop on Tran Nhan Tong to ask the staff but I have not decided yet" - Mr. Dong confided.

    According to Mr. Dong, the price of gold bars has started to increase again, making him even more hesitant about whether to buy more gold rings or not.

    Mot so chi nhanh van hoat dong binh thuong. Anh: Phuong Anh
    Some branches of Saigon Jewelry Company Limited - SJC in Hanoi are still operating normally. Photo: Phuong Anh

    It was also noted that at some branches of Saigon Jewelry Company Limited - SJC in Hoan Kiem and Cau Giay districts (Hanoi), the stores are still open for sale and trading normally. Gold bars have tended to increase in recent trading sessions, and people also choose to buy them instead of gold rings.

    Having just completed the procedure to buy gold bars, Ms. Nguyen Mai Chi (Hai Ba Trung, Hanoi) - shared: "The price of all types of gold is high. For many days now, I have seen people lining up to buy rings, so I only intended to save money, so I chose to buy gold bars. The purchase is also quick, just go to the website to register and then go to the locations to complete the procedures to buy gold".

    Gold price update

    As of 3:00 p.m. on September 26, the price of SJC gold bars was listed by DOJI Group at VND83 - 85 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 83 - 85 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 ring at DOJI was listed at 82.7 - 83.6 million VND/tael (buy - sell).

    Bao Tin Minh Chau also adjusted the price of plain round gold rings to increase to 82.68 - 83.58 million VND/tael (buy - sell).

    World gold price is listed on Kitco at 2,635.5 USD/ounce.

    Phương Anh
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