According to Lao Dong reporters' records this morning (January 15), the price of plain round gold rings and domestic gold bars has a downward adjustment after a week of high increases. At gold shops on Cau Giay street, Hanoi, the number of people waiting for their turn to trade is bustling.
No longer having to queue outside the waiting hall, customers who need to buy plain round gold rings will be moved to the waiting room. As of 10 am this morning, the number of queues has reached 15 rows, equivalent to 150 people.
Ms. Mai Xuan Quynh (Xuan Phuong ward, Hanoi) - a customer who wants to buy and decides to "hunt for gold" round plain rings shared: "Going through many days, I see the store always queuing, the number of people waiting is large, so I just worry that when it's my turn, I will stop receiving customers. This morning, looking at many waiting stalls, I still feel shy but try to buy because gold prices have slightly decreased".
Similarly, Mr. Chu Nhat Huy (Cau Giay ward, Hanoi) who believes that it will be his turn to transact early said: "I didn't come early because I would definitely have to queue. I arrived from 9:45 am, the last person in the 14th row, at about 10:20 am the 12th row was moved to the main transaction store. I plan to buy about 3 taels of plain round gold rings, the store also announced that it will transact through noon".
According to information released from the store, customers are allowed to buy a maximum of 10 taels of plain round gold rings, with a maximum transaction of 1 time a day.
Ms. Bui Thi Lan (Tay Ho ward, Hanoi) and her husband have been coming to the store to buy for 2 days now - said: "Yesterday my husband and I went in together, today I was the only one and my husband was waiting outside. I didn't come early either, yesterday and today I came at 10 am to about 11 am to buy. We saved up as much as we could and went out to buy, a little each day, yesterday it was 1 chi, today I intend to buy 2 chi more".
Besides those who patiently waited for many hours to "hold gold" in their hands, many people switched to silver to find new investment channels. However, at 10:10 am on the same day, the store announced that it had run out of funds to receive orders, leaving only gold products.
Gold price update
As of 11:00 AM on January 15, the listed SJC gold bar price was 160,000-162.8 million VND/tael (buying - selling), simultaneously decreasing by 700,000 VND/tael.
Bao Tin Minh Chau listed the price of SJC gold bars at 160.8-162.8 million VND/tael (buying - selling), both down 700,000 VND/tael.
At the same time as the survey, SJC listed the price of plain round gold rings at 157.2-159.7 million VND/tael (buying - selling), down 700,000 VND/tael.
Bao Tin Minh Chau listed the price of gold rings at 1598.8-162.8 million VND/tael (buying - selling).
On the world market, as of 11:00 AM on January 15 (Vietnam time), world gold prices continued to decline, listed around the threshold of 4,591.4 USD/ounce, down to 34.8 USD.
