At the end of the recent trading session, the domestic gold market continued its series of price reductions. Today (June 11), domestic gold bars fell the most by 2.8 million VND/tael in both directions. Compared to the same time at the beginning of 2026, domestic gold bar prices have decreased by about 23.8-26.8 million VND/tael in both buying and selling directions.
During the days when gold prices tended to decrease sharply, gold and silver stores on Cau Giay street (Hanoi) became bustling again. However, the scene of people queuing for hours outside the store no longer occurred.
At some gold shops on Cau Giay street, the number of people coming to the store has been maintained for many days. According to information released from the store, the quantity of plain round gold rings bought and sold today is based on the actual quantity of goods and the direct return of gold is from 0.5 chi. Depending on the time customers buy, the exact quantity of products will be notified to customers.
Going directly to the store to refer to the price difference between buying - selling, Ms. Do Thi Linh (My Dinh ward, Hanoi) - said: "I have to go to the store to see the exact price at the time of transaction, I cannot sit at home and look online because it may not be accurate. The buying - selling difference is about 5 million VND/tael, so I am still hesitant.
According to Ms. Linh, she herself does not go to buy according to the crowd or the trend. "I have a habit of saving from my pension and savings to buy gold because this is a traditional way. If there is enough, I will go to buy, little but not much, only about 1 tael/time. If the price is good compared to the time of purchase, I will also consider the option of selling" - Ms. Linh said.
Besides the number of buyers, those who come to sell need to write receipts and transact according to order. Ms. Vu Mai Phuong (Lang ward, Hanoi) - information: "I bought from the time the gold price was 17.5 million VND/chi. I went from 9 am to 10 am to complete the transaction. In the store, both buying and selling directions are crowded. I sell the whole amount of gold, so I take advantage of going to sell immediately, the more I leave, the more I lose".
Continuing to record at some other gold shops on Cau Giay street, the number of people coming to buy is more open. Not only buying and selling products from plain round gold rings, people also trade in items from silver, jewelry,...
Gold price update
As of 11:56 am on June 11, SJC gold bar prices were listed at the level of 131 - 136 million VND/tael (buying - selling), simultaneously decreasing by another 2.3 million VND/tael compared to the previous closing session.
Bao Tin Minh Chau listed SJC gold bar prices at the threshold of 131 - 136 million VND/tael (buying - selling), down 2.8 million VND/tael in the buying - selling direction.
At the same time as the survey, the price of SJC plain round gold rings tended to decrease, listed at the threshold of 130.9 - 135.9 million VND/tael (buying - selling), down 2.8 million VND/tael compared to the previous closing session.
Bao Tin Minh Chau listed the price of gold rings equal to the price of brand gold bars, currently at 132 - 137 million VND/tael (buying - selling).
On the world market, as of 12:00 on June 11 (Vietnam time), world gold prices had an upward correction, listed around the threshold of 4,083.3 USD/ounce, up 13 USD.
