Gold ring prices increase, people continue to wait to buy

On January 6, the price of plain round gold rings and domestic gold bars continued to increase sharply. Recorded at many gold shops in Hanoi, people's demand for buying gold still did not decrease.

However, most stores announced that they were out of SJC gold bars, only opening to sell gold rings in limited quantities, making it difficult for buyers to find goods.

On Tran Nhan Tong street (Hanoi), Ms. Nguyen Quynh Anh (Hai Ba Trung ward) said: "For many recent days, I have come to any store and seen notices of out of stock or being limited in quantity to buy. I want to buy gold bars or gold rings to save money, but it is really difficult to buy. Gold prices are constantly increasing, so I have to take advantage of buying immediately, fearing that if I wait, the price will increase even higher.

Ms. Quynh Anh added that currently her store is limited in quantity to buy 3 chi for plain round gold rings, which are returned immediately, and there are no gold bars.

However, the store also limited the number of customers queuing to buy. I arrived at 7:30 am so I still had time to get into the queue to wait" - Ms. Quynh Anh said.

Meanwhile, Mr. Nguyen Van Dat (Vinh Thanh commune, Hanoi) also came to a gold shop on Tran Nhan Tong street with the need to buy 5 chi of plain round gold rings, but could not transact because the shop had finalized the list of customers queuing.

I arrived at the store at the right time when the staff finalized the list of customers queuing, so I couldn't enter the queue. I had to leave and planned to return the next day" - Mr. Dat said.

Gold price update

As of 11:10 am, SJC gold bar prices were listed by DOJI Group at the threshold of 156-158 million VND/tael (buying - selling), an increase of 1.8 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.

SJC gold bar price was listed by Bao Tin Minh Chau at the threshold of 156-158 million VND/tael (buying - selling), an increase of 1.8 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 152.5-155.5 million VND/tael (buying - selling), an increase of 1.5 million VND/tael in both directions compared to yesterday morning. The buying - selling difference is at 3 million VND/tael.

Bao Tin Minh Chau listed the price of gold rings at 155-158 million VND/tael (buying - selling), an increase of 1.3 million VND/tael in both directions compared to yesterday morning. The buying - selling difference is at 3 million VND/tael.

At 11:17 am (Vietnam time), world gold prices were listed around the threshold of 4,488.8 USD/ounce.