Gold ring prices increase, stores reduce the scene of people jostling to buy

Phương Anh |

Gold prices on March 30 increased, transactions on Hanoi gold streets became less crowded. Some stores returned gold ahead of schedule, some places still scheduled customers to receive it in April.

On March 30, Lao Dong reporters' records at gold trading streets such as Mai Hac De, Tran Nhan Tong (Hai Ba Trung ward, Hanoi) showed that the trading atmosphere still maintained but was less bustling than in previous weeks. The number of people coming to buy gold showed signs of being less crowded, and waiting times decreased slightly.

Khách xếp hàng mua vàng sáng 30.3 tại Hà Nội, lượng người đã giảm, cửa hàng bớt cảnh chen chúc so với trước. Ảnh: Phương Anh
Customers waiting to buy gold on the morning of March 30 in Hanoi, the number of people has decreased, the store is less crowded than before. Photo: Phuong Anh

At a store on Mai Hac De street (Hai Ba Trung ward, Hanoi), the number of customers entering and leaving is regular but no longer crowded like at peak times. People mainly come to buy in small quantities, mainly focusing on plain round gold rings.

Ms. Do Thu Nga (Bach Mai ward) said that this morning she decided to buy 1 chi of gold rings after a period of monitoring the market. According to her, the number of customers is still large but no longer as overloaded as in previous days. "Today the store has fewer customers, I waited about 30 minutes to start trading" - Ms. Nga shared.

Meanwhile, Mr. Ngo Van Tung (Hai Ba Trung ward) was also present early to buy 3 taels of gold. However, according to information from the store, for orders from 2 taels or more, customers will have to wait until April to receive gold. This makes some people consider more carefully before deciding to buy in large quantities.

I still bought 3 chi, and some people around lined up with me to buy 1 chi first, considering waiting for a better price before continuing to buy" - Mr. Tung said.

Một số cửa hàng kinh doanh vàng ở Hà Nội không còn cảnh xếp hàng đông đúc, chờ lâu như trước. Ảnh: Hà Lê
Some gold businesses in Hanoi no longer have crowded queues and long waits like before. Photo: Ha Le

In the Tran Nhan Tong street area (Hai Ba Trung ward, Hanoi), the situation is also similar when the number of customers has somewhat diminished compared to before. Some people said they chose this time to complete previously placed transactions instead of buying new ones.

Ms. Nguyen Thuy Linh (Dong Anh commune, Hanoi) said that she bought 2 taels of gold from the beginning of March and was scheduled by the store to return the goods 60 days later (May 2026). However, on the 25th, 3 stores proactively contacted her to receive the gold earlier than expected. Because she had not arranged work yet, she came to pick it up today.

Even though I only came to receive gold, I still had to queue to wait for my turn. However, I see that the number of people is not as crowded as before" - Ms. Linh said. According to her, after completing the gold receipt, she has no plans to buy more during this time.

Gold price update

As of 11:15 am, SJC gold bar prices were listed by DOJI Group at 169.9-172.9 million VND/tael (buying - selling), an increase of 100,000 VND/tael in both buying and selling directions compared to yesterday morning.

Diễn biến giá vàng SJC những phiên giao dịch gần đây. Biểu đồ: Khương Duy
SJC gold price movements in recent trading sessions. Chart: Khuong Duy

SJC gold bar price was listed by Bao Tin Minh Chau at 169.9-172.9 million VND/tael (buying - selling), an increase of 100,000 VND/tael in both buying and selling directions compared to yesterday morning.

As of 11:15 am, DOJI Group listed the price of gold rings at 169.9-172.9 million VND/tael (buying - selling), an increase of 100,000 VND/tael in both buying and selling directions compared to yesterday morning.

Diễn biến giá vàng nhẫn những phiên giao dịch gần đây. Biểu đồ: Khương Duy
Gold ring price movements in recent trading sessions. Chart: Khuong Duy

Bao Tin Minh Chau listed the price of gold rings at 169.9-172.9 million VND/tael (buying - selling), an increase of 100,000 VND/tael in both buying and selling directions compared to yesterday morning.

At 11:17 am, world gold prices were listed around the threshold of 4, 491.2 USD/ounce.

The upward momentum of the international market is affecting domestic gold prices. People need to be cautious and avoid following the psychology of crowds when gold prices fluctuate strongly, especially in the context that the difference between buying and selling prices is still maintained at a high level.

See more news related to gold prices HERE...

Phương Anh
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