Gold ring price drops, many people continue to buy

Phương Anh |

Today (February 12), domestic gold prices fell sharply. In Hanoi, people's demand for buying gold rings did not decrease, many people patiently waited to be able to buy.

According to Lao Dong reporters today (February 12), the price of plain round gold rings and gold bars in the country has dropped sharply. In Hanoi, many people continue to choose to go to gold shops to buy gold rings.

Sang 12.2, nhieu nguoi den cua hang vang bac da quy tai Ha Noi de mua vang nhan. Anh: Phuong Anh
On the morning of February 12, many people came to a jewelry store in Hanoi to buy gold rings. Photo: Phuong Anh

Ms. Pham Mai Chi (Hoan Kiem district) - a customer who came to buy gold rings at a store on Tran Nhan Tong street (Hanoi) - said: "The price of gold today is a little lower than a few days ago, I plan to buy 2 to 3 taels of rings. However, the store has not announced when it will be sold, so I am still waiting."

Cua hang thong bao chua mo ban vang nhan, nhieu nguoi tiep tuc cho doi. Anh: Le Ha
The store announced that it has not opened for sale of gold rings yet, many people continue to wait. Photo: Le Ha

Similarly, Mr. Nguyen Hung Quang (Dong Da district, Hanoi) said: "Buying gold rings at this time is very difficult due to the large number of people waiting. Many stores also limit the quantity sold and do not clearly announce the opening time.

Today, I came early but still haven't seen them selling gold rings. If anyone wants to come and sell, they can go straight into the store, no need to queue."

Gold price update

As of 10:25, the price of SJC gold bars listed by DOJI Group was at 86.7 - 90.2 million VND/tael (buy - sell); down 3.4 VND/tael for buying and down 2.9 million VND/tael for selling compared to early this morning.

The difference between buying and selling price of SJC gold at DOJI Group is at 3.5 million VND/tael.

Bao Tin Minh Chau listed the price of SJC gold bars at 86.7 - 90.2 million VND/tael. The difference between buying and selling 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 87.6 - 89.1 million VND/tael (buy - sell); down 2.2 million VND/tael for buying and down 2.6 million VND for selling compared to early this morning.

Bao Tin Minh Chau listed the price of gold rings at 87.9 - 90.15 million VND/tael (buy - sell); down 1.2 million VND/tael for buying and down 2.9 million VND/tael for selling compared to early this morning.

The world gold price listed on Kitco at 10:40 on February 12 (Vietnam time) is at 2,889.54 USD/ounce.

Dien bien gia vang the gioi. Nguon: Kitco
World gold price developments. Source: Kitco

Phương Anh
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According to Kitco - Gold prices left historical levels due to profit-taking pressure and cautious signals from the US Federal Reserve (FED).

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