Gold prices increase sharply on the first day of Tet holiday, still difficult to buy

Phương Anh |

The increase in the price of plain gold rings in the country has not stopped yet. Recorded in Hanoi on the first day of Tet holiday, many people continued to line up to buy.

According to Lao Dong reporters at 9:15 a.m. on January 25, at some gold shops in Hanoi, people's demand for gold has not decreased. Many people choose to line up in front of the door to wait to buy gold.

However, most stores announced that they do not have SJC gold bars and limit the number of 9999 round gold rings sold.

Sang nay (25.1), 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 (January 25), many people lined up at a jewelry store in Hanoi early to buy gold rings. Photo: Phuong Anh

At a gold shop on Tran Nhan Tong Street (Hanoi), Ms. Nguyen Lan Nhi (Hai Ba Trung District, Hanoi) said: "Many times I came here to queue, but could not buy gold rings because the shop did not sell them. Today I came early, the staff announced that they would sell 2 taels of gold to each person. Currently, in front, there are also many people lining up. I am still waiting for my turn to make a transaction."

Mr. Bui Tuan Hoang (Dong Da 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, the shops have frequently announced that they are temporarily out of SJC gold bars and plain round gold rings or are selling in very small quantities.

At the end of the year, I took the opportunity to come here to buy gold rings as savings, but it was very difficult. It took me several days to come here continuously, and today I was able to buy 2 trees."

Mr. Hoang added that he will continue to go to the store the next day to wait to buy more plain round gold rings.

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

Gold ring price increased sharply

As of 10:00 a.m. on January 25, the price of SJC gold bars was listed by Saigon Jewelry Company at VND86.8 - 88.8 million/tael (buy - sell); down VND100,000/tael for both buying and selling compared to yesterday morning.

The difference between buying and selling price of SJC gold at Saigon Jewelry Company is at 2 million VND/tael.

Meanwhile, the price of SJC gold bars listed by DOJI Group is at 86.9 - 88.9 million VND/tael (buy - sell); an increase of 400,000 VND/tael for both buying and selling.

The difference between buying and selling prices of SJC gold at DOJI Group 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 86.6 - 88.1 million VND/tael (buy - sell); an increase of 700,000 VND/tael for buying and an increase of 400,000 VND/tael for selling compared to early this morning.

Bao Tin Minh Chau listed the price of plain round gold rings at 86.6 - 88.9 million VND/tael (buy - sell), an increase of 400,000 VND/tael for buying and 200,000 VND/tael for selling compared to early this morning.

The world gold price listed on Kitco at 10:17 a.m. on January 25 (Vietnam time) is at 2,770,885 USD/ounce.

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