Some anxiously sell, others line up to buy
Recorded by Lao Dong reporter at 9:30 a.m. on March 18, the price of plain round gold rings and domestic gold bars was still at a high level.
At some gold shops in Hanoi, people's demand for gold is increasing. Many people accept waiting for hours to buy gold. Meanwhile, many people hesitated to sell to make a profit.
Ms. Do Ngoc Quynh (Hoan Kiem District, Hanoi) - a customer coming to a gold shop on Tran Nhan Tong Street - said: "At the beginning of 2024, the price of gold rings was about 73 million VND/tael. Currently, the price has exceeded 97 million VND/tael and is also fluctuating continuously. I was afraid that it would decrease in a few days, so today I decided to sell to make a profit."
Meanwhile, Mr. Pham Van Hung (Dong Da district, Hanoi) is wondering whether to sell gold rings when the current price is at a high level or not.
"This morning, I went to a gold shop on Tran Nhan Tong Street to see if there were many sellers making a profit. Currently, people are still lining up to buy. If I sell, I will also make a profit, but that money is not yet needed. Maybe I will think more" - Mr. Hung shared.
Also on Tran Nhan Tong street (Hai Ba Trung, Hanoi), Ms. Ngo Minh Ngoc (Hoan Kiem district, Hanoi) - a customer waiting to buy gold rings - shared: "I have been queuing since 9am with everyone but the staff has not announced when they will be sold.
I also don't know how much gold they sell to one person. The shop limits the quantity, I will buy as much. For customers who come to sell gold, they can get into the transaction right away, without having to wait".
Gold price update
As of 10:50 on March 18, the price of SJC gold bars was listed by DOJI Group at VND95.7-97.2 million/tael (buy - sell); an increase of VND900,000/tael for buying and an increase of VND1.1 million/tael for selling compared to early this morning.
The difference between buying and selling prices is at 1.5 million VND/tael.
Bao Tin Minh Chau listed the price of SJC gold bars at VND95.8-97.2 million/tael (buy - sell); increased by VND1 million/tael for buying and VND1.1 million/tael for selling.
The difference between buying and selling prices is at 1.4 million VND/tael.
At the same time, the price of 9999 Hung Thinh Vuong round gold rings at DOJI was listed at 96.2-97.7 million VND/tael (buy - sell); increased by 1 million VND/tael for buying and increased by 1.1 million VND/tael for selling.
Bao Tin Minh Chau listed the price of gold rings at 95.2-96.8 million VND/tael (buy - sell); an increase of 1.1 million VND/tael for buying and an increase of 1 million VND/tael for selling.
Meanwhile, the world gold price listed on Kitco is around 3,009.9 USD/ounce.
