Gold price increases, waiting until you are tired to buy 1 tael of gold

Phương Anh |

On May 21, domestic gold prices increased sharply. Many people continue to wait in line to buy at gold shops.

Today (May 21), domestic gold prices continue to increase sharply, many people flock to gold and jewelry stores in Hanoi to buy.

According to records on Tran Nhan Tong street, many stores were overloaded, people lined up early to wait to buy. Most stores have announced that they do not have SJC gold bars and have limited the sale of 9999 round gold rings.

Sang 21.5, nhieu nguoi den cua hang vang bac da quy tai Ha Noi de mua vang nhan. Anh: Phuong Anh
On the morning of May 21, many people came to a jewelry store in Hanoi to buy gold rings. Photo: Phuong Anh

Mr. Le Thai Tuyen (Hoan Kiem District, Hanoi) - a customer buying gold rings - shared that he has been here since the shop had not opened yet.

"Although it came early, it still took a long time to buy gold. Today the shop sells a maximum of 1 tael of gold ring, so I just bought 1 tael" - Mr. Tuyen said.

Ms. Nguyen Thi Tuyet Ngan (Dong Da District, Hanoi) also wants to buy gold as a savings asset. She prioritizes choosing gold that is easy to trade and suitable for her needs, so she is currently waiting to buy gold rings.

"I arrived here at 9:30 a.m. Because there are still many people waiting for transactions in front, I have not yet had my turn to buy" - Ms. Ngan said.

Tiem vang tap nap khach cho giao dich. Anh Le Ha
Gold shops are bustling with customers waiting for transactions. Photo: Le Ha

Meanwhile, Mr. Pham Minh Duc (Hai Ba Trung District, Hanoi) said: "I arrived at the store at 10am after knowing that the gold price had increased sharply. However, each customer can only buy a maximum of 1 tael of gold, so I am wondering whether to wait or not because there are too many people lining up.

Gold price update

As of 11:00 on May 21, the price of SJC gold bars was listed by DOJI Group at 118-120.5 million VND/tael (buy - sell), an increase of 1.2 million VND/tael in both directions compared to yesterday's trading session.

Bao Tin Minh Chau listed the price of SJC gold bars at 118-120.5 million VND/tael (buy - sell), an increase of 1.2 million VND/tael in both directions compared to yesterday's trading session.

At the same time, the price of 9999 Hung Thinh Vuong round gold rings at DOJI was listed at 112-115 million VND/tael (buy - sell), an increase of 500,000 VND/tael in both directions compared to yesterday's trading session.

Bao Tin Minh Chau listed the price of gold rings at 114.5-117.5 million VND/tael (buy - sell), an increase of 500,000 VND/tael in both directions compared to yesterday's trading session.

As of 11:10 a.m. on May 21 (Vietnam time), the world gold price listed on Kitco was at $3,305/ounce.

Dien bien gia vang the gioi nhung phien giao dich gan day. Bieu do: Phan Anh
World gold price developments in recent trading sessions. Chart: Phan Anh
Phương Anh
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