Gold ring prices increase sharply, many people rush to buy

Phương Anh |

On December 11, the price of plain gold rings continued to be adjusted up. In Hanoi, many people are still lining up to buy.

Waiting for hours to buy gold rings

In recent trading sessions, most stores have stopped selling, or are selling a very small amount of 9999 smooth round gold rings. Therefore, owning this item becomes difficult.

Recorded by Lao Dong reporter today (December 11), although the price of plain round gold rings has increased, many people still go to stores to buy.

Sang 2.12, nhieu nguoi cho doi trong mot cua hang vang bac da quy tai Ha Noi de mua vang nhan. Anh: Phuong Anh
On the morning of December 11, many people waited in a jewelry store in Hanoi to buy gold rings. Photo: Phuong Anh

At a gold shop on Tran Nhan Tong Street (Hanoi), Ms. Nguyen Thanh Huong (Kiem Ward, Hanoi) said that the shop is selling a maximum of 5 taels of gold rings to one person and get the goods returned immediately. However, she had been queuing for more than an hour before her turn to trade.

"Now that I have low interest rates for savings deposits, I want to use my year-end money to buy gold, both as a savings asset and hoping for a price increase. I have been queuing for nearly an hour, waiting to buy a gold ring" - Ms. Huong said.

Vang nhan van la san pham duoc nhieu nguoi ua chuong, san mua thoi diem nay. Anh: Le Ha
Gold rings are still a popular product that many people are looking to buy at this time. Photo: Le Ha

As for Mr. Pham Van Hai (Hai Ba Trung ward, Hanoi) - who bought 5 taels of gold rings last week - he is now waiting to buy more.

"Buying gold is quite difficult now. One day the shop only sold 1-2 taels of gold rings to each customer, another day it announced that it was out of stock. Unlike a few years ago, when I went to the store, I could buy it right away. Currently, every customer has to queue up to buy, some have to come before the store has opened.

Today, they sell a maximum of 5 taels of gold to each person, but there are quite a lot of people in front of me, so I am still waiting" - Mr. Hai shared.

Gold price update

As of 12:30, the price of SJC gold bars was listed by DOJI Group at 152.5-154.5 million VND/tael (buy in - sell out). The difference between buying and selling prices is at 2 million VND/tael.

The price of SJC gold bars was listed by Bao Tin Minh Chau at 152.5-154.5 million VND/tael (buy in - sell out). The difference between buying and selling prices is at 2 million VND/tael.

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

At the same time, DOJI Group listed the price of gold rings at 149.5-152.5 million VND/tael (buy in - sell out). The difference between buying and selling is 3 million VND/tael.

Bao Tin Minh Chau listed the price of gold rings at 151.2-154.2 million VND/tael (buy in - sell out). The difference between buying and selling is 3 million VND/tael.

Dien bien gia vang nhan tron nhung phien giao dich gan day. Bieu do: Khuong Duy
The price of plain gold rings in recent trading sessions. Chart: Khuong Duy

At 12:30, the world gold price was listed around 4,212.5 USD/ounce.

See more news related to gold prices HERE...

Phương Anh
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