Gold ring prices recover, stores still limit sales quantity

Phương Anh |

Today (November 15), the domestic gold ring price recovered slightly. In Hanoi, many people were looking to buy but most stores limited the quantity sold.

According to Lao Dong reporters at 9:30 a.m. today (November 15), many people came to gold and gemstone stores in Hanoi, but there were very few transactions because most customers only came to wait to buy 9999 plain round gold rings.

Gold rings are very difficult to buy at this time because many gold shops continue to limit quantity and opening hours each day.

Sang 15.11, nhieu nguoi xep hang o mot cua hang vang bac da quy tai Ha Noi tu som de mua vang nhan. Anh: Phuong Anh
On the morning of November 15, many people lined up at a jewelry store in Hanoi early to buy gold rings. Photo: Phuong Anh

Lining up early in front of a gold shop on Tran Nhan Tong Street (Hai Ba Trung District, Hanoi), Ms. Nguyen Mai Hoa (Dong Da District, Hanoi) said: "For the past few weeks, my husband and I have had to split up and wait in line to buy gold rings because the shop limits each person to only one purchase per day.

Every day we stand at the store waiting to buy, until now we have bought 4 taels of gold. We are afraid that it will be even harder to buy in the future, so today we decided to wait to buy more. Currently the store has not announced the opening time, I plan to wait until they sell out."

For Ms. Pham Nhung (Hoan Kiem district, Hanoi), she has been queuing for many days without being able to buy a single tael of gold ring. Today, she continues to wait in front of a business on Tran Nhan Tong street (Hanoi).

"I only bought it to save money, but it was really hard to buy. There were days when I went to the store and it wasn't sold out, and there were days when it was almost my turn and the coupons ran out.

Today I decided to wait until they open for sale. How much I can buy depends on the store because they all limit the amount of gold rings sold to each person" - Ms. Nhung said.

Nhieu nguoi do ve cac tiem vang san mua vang nhan du gia vang lien tuc giam. Anh: Phuong Anh
Many people flock to gold shops to buy gold rings despite the continuous decrease in gold prices. Photo: Phuong Anh

Sharing with Lao Dong reporter, an employee at a gold shop on Tran Nhan Tong street (Hanoi) said: "Because the quantity of plain gold rings is currently very scarce, for many days now, the shop has had to set a certain number of rings each day.

Depending on when the goods are available, the store will sell them to people without limit. However, this morning the gold rings are out of stock so the store cannot announce the time of sale. Regarding people who want to sell, the store still buys them back as usual, but the number of customers who want to sell is very small."

Gold price update

As of 1:00 p.m. on November 15, the price of SJC gold bars listed by DOJI Group was at 80 - 83.5 million VND/tael (buy - sell). The difference between the buying and selling prices of SJC gold at DOJI Group was 3.5 million VND/tael.

Meanwhile, Bao Tin Minh Chau listed the price of SJC gold at 80.3 - 83.5 million VND/tael (buy - sell). The difference between the buying and selling price of SJC gold at Bao Tin Minh Chau is 3.5 million VND/tael.

At the same time, the price of 9999 Hung Thinh Vuong round gold ring at DOJI was listed at 81 - 82.7 million VND/tael (buy - sell); down 400,000 VND/tael for both buying and selling compared to early this morning.

Bao Tin Minh Chau listed the price of plain round gold rings at 80.78 - 82.68 million VND/tael (buy - sell); down 400,000 VND/tael for buying and down 450,000 VND/tael for selling compared to early this morning.

The world gold price listed on Kitco at 1:00 p.m. on November 15 (Vietnam time) is at 2,559.9 USD/ounce.

Phương Anh
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