Gold ring price drops, buyers increase, stores limit sales

Phương Anh |

Today (November 13), the price of plain round gold rings continues to be adjusted down, many people come to stores to buy.

According to Lao Dong reporter today (November 13), the price of SJC gold bars and plain round gold rings has been adjusted down compared to the previous trading session. Many people continue to choose to go to gold shops to wait to buy gold rings.

However, gold rings are very difficult to buy at this time because many gold shops continue to limit the quantity and time frame for buying each day.

Sang 13.11, nhieu nguoi xep hang o mot cua hang vang bac da quy pho Tran Nhan Tong, Ha Noi tu som de mua vang nhan. Anh: Phuong Anh
On the morning of November 13, many people lined up at a jewelry store on Tran Nhan Tong Street, Hanoi early to buy gold rings. Photo: Phuong Anh

Lining up early when the gold shop on Tran Nhan Tong Street (Hai Ba Trung District, Hanoi) had not yet opened to wait to buy gold rings, Ms. Nguyen Lan Huong (Dong Da District, Hanoi) - shared: "Previously, the price of gold was too high so I did not dare to buy because I only bought it to save money.

The price has recently dropped, so I decided to line up and wait. The store still has a rule that one person can only buy once a day, so I'll buy whatever they sell."

Tap nap nguoi den giao dich o mot cua hang vang bac da quy tai Ha Noi. Anh: Phuong Anh
Crowds of people come to do transactions at a jewelry store in Hanoi. Photo: Phuong Anh

Nguyen Van Cong (Hoan Kiem district, Hanoi) - a customer coming to transact at a gold shop on Tran Nhan Tong street - was worried: "Many months ago, I bought a gold ring for about 55 million VND, recently the price increased but I still hesitated to take the profit.

However, in recent days, the price of gold has been on a downward trend, and I was afraid that it would drop even further, so I decided to sell about 2 taels. However, I had to wait longer because the store announced that it would not buy retail from 1 tael of gold like that."

Du gia vang bien dong lien tuc, vang nhan van la san pham duoc nhieu nguoi ua chuong, san mua thoi diem nay. Anh: Phuong Anh
Although the price of gold fluctuates constantly, 9999 round plain gold rings are still sought after by people every time the store opens for sale. 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 sold a certain number of rings per day.

Today, we also had to split into two nearby locations to conduct transactions for customers and set a rule to sell 2 taels of plain gold rings to each customer. Regarding people who want to sell, the store still buys back as usual, however, the number of customers who want to sell is very small."

Gold price update

As of 11:05 a.m. on November 13, the price of SJC gold bars listed by DOJI Group was at 80.5 - 84 million VND/tael (buy - sell). The difference between the buying and selling price of SJC gold at DOJI Group was 3.5 million VND/tael.

Meanwhile, Bao Tin Minh Chau listed the price of SJC gold at 80.7 - 84 million VND/tael (buy - sell). The difference between the buying and selling price of SJC gold at Saigon SJC Jewelry Company is at 3.3 million VND/tael.

At the same time, the price of 9999 Hung Thinh Vuong round gold ring at DOJI was listed at 80.8 - 83.2 million VND/tael (buy - sell).

Bao Tin Minh Chau also adjusted the price of plain round gold rings to increase to 80.83 - 83.18 million VND/tael (buy - sell).

The world gold price listed on Kitco at 11:07 on November 13 (Vietnam time) is at 2,610.085 USD/ounce.

Phương Anh
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