Recorded at 9am on December 24, the domestic price of plain round gold rings increased sharply. In Hanoi, many people chose to line up in front of gold shops to wait to buy gold rings.
Currently, it is very difficult to own gold rings at this time, because stores limit the number of rings per day, do not announce the opening time in advance. Many places do not sell.
Ms. Ngo Thi Hai (Cau Giay District, Hanoi) - a customer who came to buy gold rings at a gold shop on Cau Giay Street, Hanoi - shared: "Smooth round gold rings or SJC gold bars are very difficult to buy at this time and also sell out quickly. I came here since morning but the staff still hasn't announced when they will sell out, so I went home."
Similarly, Mr. Pham Van Duong (Nam Tu Liem district, Hanoi) has been waiting for many days but still has not been able to buy a plain round gold ring.
"Every time I come to this gold shop, there are many people lining up to buy gold rings. The price is still high but it is very difficult for people to buy gold. Some days the shop sells in the morning, other days it sells in the afternoon, and some days it doesn't sell at all. This morning I didn't see them announce what time they would open for gold rings so I went home" - Mr. Duong said.
An employee at a gold shop on Cau Giay Street (Hanoi) said: "Currently, the shop is out of SJC gold rings and gold bars so we cannot sell them to customers. We also do not know when we will have more goods to continue normal transactions."
Gold price update
As of 10:00 a.m. on December 24, the price of SJC gold bars listed by DOJI Group was at VND82.3 - 84.3 million/tael (buy - sell); down VND200,000/tael in both directions.
The difference between buying and selling price of SJC gold at DOJI Group is at 2 million VND/tael.
Bao Tin Minh Chau listed SJC gold price at 82.3 - 84.3 million VND/tael (buy - sell); down 200,000 VND/tael in both directions.
The difference between buying and selling price of SJC gold at Bao Tin Minh Chau is at 2 million VND/tael.
At the same time, the price of 9999 Hung Thinh Vuong round gold ring at DOJI was listed at 83.3 - 84.3 million VND/tael (buy - sell); both buying and selling prices remained the same compared to early this morning.
Bao Tin Minh Chau listed the price of gold rings at 82.5 - 84.3 million VND/tael (buy - sell), down 480,000 VND/tael for buying and up 200,000 VND/tael for selling compared to early this morning.
The world gold price listed on Kitco at 10:04 on December 24 (Vietnam time) is at 2,616.16 USD/ounce.