On November 29, the domestic price of plain round gold rings and gold bars continued to increase sharply. Recorded at many gold shops in Hanoi, people's demand for gold has not decreased.
However, most stores have announced that they are out of SJC gold bars, only opening for sale gold rings, making it difficult for buyers to find goods.
On Tran Nhan Tong Street (Hanoi), Mr. Do Huy Anh (Hai Ba Trung Ward) said: "In recent days, I have been told that every store I have been to is out of stock or has had limited quantity purchased. I want to buy gold bars or gold rings to accumulate, but it is really difficult to buy. The price of gold is constantly increasing, so I have to buy immediately, afraid that the price will increase more in the long run".
Mr. Huy Anh added that the shop he visited was not limited in the quantity purchased for plain round gold rings, but there were no gold bars.
"If customers buy less than 5 taels of gold rings, they can receive the goods immediately. But if you buy more than 5 taels, you have to wait about 5 days. As for gold bars, the store said they were out of stock and didn't know when they would be available again" - he said.
Also lining up to buy gold rings at a store on Tran Nhan Tong street (Hanoi), Ms. Pham Linh Nhi said: "Because I needed gold, I had to wait in line. Like many others, I find gold very difficult to buy at this time. I am still waiting for my turn to buy a gold ring".
While many people are lining up to buy gold, Ms. Bui My Hanh ( Bat Trang commune, Hanoi) is anxiously considering selling.
"I bought 2 taels of gold rings at the end of August this year, when the price was 125.6 million VND/tael. I have made a profit now, but I don't know if I should sell for profit or not, I'm afraid the price will increase in the near future" - Ms. Hanh shared.
Gold price update
As of 12:00, the price of SJC gold bars was listed by Bao Tin Minh Chau at 153.4-154.9 million VND/tael (buy - sell), an increase of 700,000 VND/tael in both directions compared to yesterday morning. The difference between buying and selling prices is at 1.5 million VND/tael.
Phu Quy Jewelry Group listed the price of SJC gold bars at 151.9-154.9 million VND/tael (buy - sell), an increase of 700,000 VND/tael in both directions compared to yesterday morning. The difference between buying and selling prices is at 3 million VND/tael.
As of 12:00, DOJI Group listed the price of gold rings at 151-154 million VND/tael (buy - sell), an increase of 1.2 million VND/tael in both directions compared to yesterday morning. The difference between buying and selling is 3 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at 151.3-154.3 million VND/tael (buy - sell), an increase of 500,000 VND/tael in both directions compared to yesterday morning. The difference between buying and selling is 3 million VND/tael.
At the same time, the world gold price was listed around 4,215.82 USD/ounce.
See more news related to gold prices HERE...
