Gold ring prices rise, many people still buy

Phương Anh |

Despite the continuous increase in gold ring prices, on January 24, in Hanoi, many people still flocked to gold shops to buy.

Records of Lao Dong reporters on January 24 show that the situation of people queuing in long rows at gold shops to buy gold is still continuing.

However, buying gold rings at this time still faces many difficulties. Many people have to come early and queue for a long time because stores limit the number of gold rings sold each day. Meanwhile, most gold shops do not sell gold bars.

Sang 24.1, nhieu nguoi cho doi phia truoc mot cua hang vang bac da quy tai Ha Noi de mua vang nhan. Anh: Phuong Anh
On the morning of January 24, many people waited in front of a gold, silver and gemstone store in Hanoi to buy gold rings. Photo: Phuong Anh

At a gold shop on Tran Nhan Tong street, Mr. Bui The Hinh (Hai Ba Trung ward, Hanoi) - a customer who came to buy gold rings - said that this is the end of the year, he wants to buy gold to save money after a year of working.

This is the first time I have come here to buy gold, knowing in advance that the store will be crowded, I left at 7:45 am. I waited here for more than 1 hour and the store has not opened for sale and I also don't know how much they will sell. I plan to buy 5 chi of plain round gold rings, hoping the store will sell later" - Mr. Hinh said.

Du gia lien tuc bien dong, vang nhan van thu hut nhieu nguoi san mua. Anh: Phuong Anh
Despite continuous price fluctuations, gold rings still attract many buyers. Photo: Phuong Anh

With Ms. Ngo Thi Huong (Hoan Kiem ward, Hanoi), she shared that last month she bought 1 tael of gold rings at a store on Tran Nhan Tong street, today she continues to return to buy.

Ms. Huong said that in the face of the continuous increase in gold prices, every time she saves a sum of money, she saves it to buy gold.

Recently, many stores have not sold gold bars, so I chose gold rings. However, it depends on when they first open for sale. Sometimes they say they are out of stock, sometimes they limit selling by 1-2 chi of rings or late payment.

Currently, the store has not announced when it will open for sale, I am still queuing. I am in need of buying 1 tael of gold, hoping to buy it" - Ms. Huong said.

Gold price update

As of 10:45 am, SJC gold bar prices were listed by DOJI Group at the threshold of 172.3-174.3 million VND/tael (buying - selling), an increase of 1 million VND/tael in both directions compared to yesterday morning. The difference between buying and selling prices is at the threshold of 2 million VND/tael.

Dien bien gia vang SJC nhung phien giao dich gan day. Bieu do: Khuong Duy
SJC gold price movements in recent trading sessions. Chart: Khuong Duy

SJC gold bar price was listed by Bao Tin Minh Chau at the threshold of 172.3-174.3 million VND/tael (buying - selling), an increase of 1 million VND/tael in both directions compared to yesterday morning. The difference between buying and selling prices is at the threshold of 2 million VND/tael.

At the same time, DOJI Group listed the price of gold rings at 170-173 million VND/tael (buying - selling), an increase of 1.2 million VND/tael in both directions compared to yesterday morning. The buying - selling difference is at 3 million VND/tael.

Dien bien gia vang nhan nhung phien giao dich gan day. Bieu do: Khuong Duy
Gold ring price movements in recent trading sessions. Chart: Khuong Duy

Bao Tin Minh Chau listed the price of gold rings at 171.3-174.3 million VND/tael (buying - selling), an increase of 1 million VND/tael in both directions compared to yesterday morning. The buying - selling difference is at 3 million VND/tael.

At 9:10 am, world gold prices were listed around the threshold of 4,983.1 USD/ounce, up 22.5 USD compared to the previous day.

See more news related to gold prices HERE...

It's a bit of a bit of a bit of a bit of a bit of a bit.

Phương Anh
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