Distorted face "paying debt" gold
Mr. Nguyen Van Hoa (27 years old, Soc Son, Hanoi) said that the high price of gold made him and his group of friends have a headache when buying wedding gifts for their friends.
"I have a group of 6 close friends. The whole group agreed that whoever gets married will be given a gold ring. Half a month ago, a friend in the group invited us to their wedding. Because we were busy, we didn't go buy anything. Unexpectedly, since then, the price of gold has been increasing continuously.
Yesterday (September 24), my friend and I went to Tran Nhan Tong Street (Hanoi) to buy, but we couldn't because the store said it was out of stock. After that, we went to some big stores in Cau Giay, they also said they didn't know when they would have gold for sale. Unexpectedly, this morning, the price of gold rings increased by a million VND/tael. Before, I got married, my friend gave me gold as a wedding gift, now I can't go anywhere, but at the present time, you can't just go to the store to buy it" - Mr. Hoa shared.
Similar to Mr. Hoa, Ms. Nguyen Hai Linh (28 years old, Dong Anh, Hanoi) has been frantically looking to buy gold rings for many days now. “Last year I got married, so I also received gold from relatives and friends as wedding gifts. However, all that gold has been sold to get capital for the couple's business.
In the near future, a friend of mine is preparing to get married, so I am also looking to buy gold to celebrate with her. However, at the moment, every store I go to says they are out of gold even though the listed price is sky-high, increasing by several million VND per tael compared to the end of 2023" - Ms. Linh said.
Ms. Linh said that if she cannot buy at gold stores, she will have to ask relatives to buy gold from them.
Mr. Pham Van Quynh (Gia Lam, Hanoi) is worried about having to buy gold for his wedding at this time. "I myself do not have the habit of saving or investing in gold, so when I looked at the reference price list of various types these days, I was surprised because it was so high.
Most people in my area give gold as wedding gifts to their relatives. But seeing the price increase like this, I am even more hesitant when I am planning to buy gold or switch to another type of wedding gift" - Mr. Quynh hesitated.
Gold price update
Recorded at 10:00 a.m. on August 25, the price of SJC gold bars was listed by DOJI Group at 81.5 - 83.5 million VND/tael (buy - sell). The difference between the buying and selling price of SJC gold at DOJI Group was 2 million VND/tael.
This unit listed the price of 9999 Hung Thinh Vuong round gold rings at 81.45-82.50 million VND/tael (buy - sell).
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.
Bao Tin Minh Chau also adjusted the price of plain round gold rings to increase to 81.58-82.48 million VND/tael (buy - sell).
In the world market, gold listed on Kitco at 9:50 a.m. the same day (Vietnam time) was at 2,664.6 USD/ounce.