Record gold ring price, investors frustrated because it is too difficult to buy

Phương Anh |

Despite the price of plain gold rings increasing close to that of gold bars, many people still choose to queue for hours to get a number to buy gold.

Waiting for hours just to get a gold voucher

According to Lao Dong reporters today (September 27), although the price of round gold rings has been continuously increasing and is almost catching up with SJC gold bars, many people are still flocking to gold shops to buy.

The situation of waiting in line to buy gold occurs continuously because most stores only sell a very small amount per day and do not announce specific times.

Tap nap nguoi den mua vang o cua hang kinh doanh tai Cau Giay (Ha Noi). Anh: Phuong Anh
Crowds of people come to buy gold at a business store in Cau Giay (Hanoi) despite the high price of gold. Photo: Phuong Anh

Waiting for many hours to buy a few taels of plain gold rings, Mr. Nguyen The Tung (My Dinh, Hanoi) - a customer buying gold at a store in Cau Giay (Hanoi) - shared: "I myself also followed the crowd to buy gold to store for later. Until today, I was able to buy 5 taels of plain gold rings and still can't believe I bought them.

Go to the store to wait for the ticket but there are only a few dozen tickets. If you are one step late, you have to wait for many hours, sometimes they will only open the sale of gold rings again the next day.

Nhieu nguoi cho doi de duoc cam to phieu so thu tu mua vang. Anh: Phuong Anh
Many people wait to hold the gold purchase number ticket. Photo: Phuong Anh

Similar to Mr. Tung, Ms. Nguyen Khanh Hoa (Cau Giay) - who also waited from early morning to get a number to buy gold - said: "Gold is scarce, many stores have to limit the number of buyers each day. My daughter and I waited in line together for several hours but only one person was allowed to buy.

However, today is probably luckier than the past few days of waiting because I was able to buy 5 taels of gold, while many days ago people were only allowed to buy 1 tael of gold.

Waiting for many days but still missing the time when the gold shop sells gold rings, Ms. Nguyen Thi Lan (Cau Giay, Hanoi) - disappointed: "Waiting for 3 days, today I only see the number of people waiting with me increase.

I just left the store for a few minutes and when I came back, the tickets were already full, and I missed my chance to buy gold today. Maybe I'll have to come earlier this weekend to wait again."

Gold price update

As of 3:00 p.m. on September 27, the price of SJC gold bars was listed by DOJI Group at VND81.5 - 83.5 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 81.5 - 83.5 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 82.75 - 83.45 million VND/tael (buy - sell).

Bao Tin Minh Chau also adjusted the price of plain round gold rings to increase to 82.54 - 83.44 million VND/tael (buy - sell).

World gold price is listed on Kitco at 2,665.23 USD/ounce.

Phương Anh
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