Gold ring price increases, many people line up to buy

Phương Anh |

Today (January 3), the price of plain gold rings in the country increased sharply. In Hanoi, many people continued to queue for hours to buy.

Recorded at 9:00 a.m. on January 3, 2025, the price of gold bars and plain rings increased sharply, and people's demand for gold did not decrease.

The situation of waiting in line to buy gold continues because many gold shops continue to limit quantity and do not announce specific times.

Sang nay, nhieu nguoi xep hang o mot cua hang vang bac da quy tai Ha Noi tu som de mua vang nhan. Anh: Phuong Anh
This morning, many people lined up at a jewelry store in Hanoi early to buy gold rings. Photo: Phuong Anh

Ms. Ta Thi Mai (Hai Ba Trung district, Hanoi) - a customer who came to buy gold rings at a gold shop on Tran Nhan Tong street, Hanoi - shared:

"For many days now, stores have been announcing that they are temporarily out of SJC gold bars and plain round gold rings or are selling in very small quantities. I have been here since morning but have not seen any staff announce when the gold rings will be sold, so I am still waiting."

Gia vang nhan tang cao, nhieu nguoi do ve cac tiem vang san mua. Anh: Phuong Anh
Gold ring prices are rising, many people flock to gold shops to buy. Photo: Phuong Anh

Mr. Nguyen Van Lan (Hoan Kiem district, Hanoi) also lined up early in front of a gold shop on Tran Nhan Tong street (Hanoi) to wait to buy gold rings.

"I want to buy gold rings but it's too difficult to buy them now. Not having a specific gold sale schedule takes a lot of my time.

Many times I came to the store, before I could even enter the store, the staff announced that all the gold rings were sold out. Today I came here since morning to wait to buy, not knowing if they would sell out or not" - Mr. Lan said.

Ms. Dao Thi Hong Nhung (Hoan Kiem district, Hanoi) has been to the gold shop on Tran Nhan Tong street many times but was only able to buy 2 taels of ring after many days of waiting.

"I need to buy 5 taels as a wedding gift. However, when I came here this morning, I saw that they had not announced the sale yet and there were still many people lining up ahead, so I had to go home and try again another day," said Ms. Nhung.

Mot cua hang kinh doanh vang tren pho Tran Nhan Tong (Ha Noi) khong co tinh trang nguoi dan xep hang dai truoc cua vi khong ban ra vang nhan. Anh: Phuong Anh
A gold shop on Tran Nhan Tong Street (Hanoi) does not have a long line of people lining up in front of the door because it does not sell gold rings. Photo: Thuy Linh

Update gold price

As of 9:45 a.m. on January 3, the price of SJC gold bars listed by DOJI Group was at VND83.5 - 85 million/tael (buy - sell); an increase of VND1.3 million/tael for buying and an increase of VND800,000/tael for selling compared to early yesterday morning.

The difference between buying and selling price of SJC gold at Saigon Jewelry Company is at 1.5 million VND/tael.

Bao Tin Minh Chau listed the price of SJC gold at 84 - 85.5 million VND/tael (buy - sell); an increase of 1.8 million VND/tael for buying and 1.3 million VND/tael for selling compared to early yesterday morning.

The difference between buying and selling price of SJC gold at Bao Tin Minh Chau is at 1.5 million VND/tael.

At the same time, the price of 9999 Hung Thinh Vuong round gold ring at DOJI was listed at 84 - 85 million VND/tael (buy - sell); an increase of 700,000 VND/tael for buying and an increase of 800,000 VND/tael for selling compared to early yesterday morning.

Bao Tin Minh Chau listed the price of gold rings at 84.4 - 85.5 million VND/tael (buy - sell), an increase of 1.8 million VND/tael for buying and 1.3 million VND/tael for selling compared to early this morning.

The world gold price listed on Kitco at 9:52 a.m. on January 3 (Vietnam time) is at 2,660.665 USD/ounce.

Dien bien gia vang the gioi. Nguon: Kitco
World gold price developments. Source: Kitco
Phương Anh
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