Gold prices soar, many people in Hanoi line up since morning to buy gold rings

Phương Anh |

Today (January 5), domestic gold prices closed the week with a high increase. In Hanoi, many people still rushed to buy plain round gold rings.

Queue from early morning to buy gold rings

Recorded at 9:30 am on January 5, the price of plain round gold rings increased sharply, people's demand for gold did not decrease. On Tran Nhan Tong street (Hanoi), Ms. Nguyen Hoai An (Hoan Kiem district) said:

"Many times I came here to queue, but couldn't buy gold rings because the store didn't sell them. Today I came early, the staff announced that they were selling 3 taels of gold per person, so I was able to buy 1 tael."

Sang 5.1, nhieu nguoi cho doi o mot cua hang vang bac da quy tai Ha Noi de mua vang nhan. Anh: Phuong Anh
On the morning of January 5, people came to a jewelry store in Hanoi to buy gold rings. Photo: Phuong Anh

Ms. Pham Mai Huong (Hai Ba Trung district) - a customer buying gold rings at a gold shop on Tran Nhan Tong street (Hanoi) - shared:

"For the past few weeks, most stores have not had a fixed time frame to open for gold ring sales. I asked the staff many times but they also did not know the exact time of sale. This morning, I continued to come at 8:40 to wait to buy. Currently, the store is opening for sale a maximum of 3 taels of gold per person."

Gia vang nhan tang cao nhung van la san pham duoc nhieu nguoi san mua. Anh: Phuong Anh
Gold ring prices have increased but it is still a product sought after by many people. Photo: Phuong Anh

Gold price update

As of 10:40 a.m. on January 5, the price of SJC gold bars listed by DOJI Group was at 83.5 - 85 million VND/tael (buy - sell).

The difference between buying and selling prices of SJC gold at DOJI Group is at 1.5 million VND/tael.

Meanwhile, Bao Tin Minh Chau listed the price of SJC gold at 84.1 - 85.5 million VND/tael (buy - sell).

The difference between buying and selling price of SJC gold at Saigon Jewelry Company is at 1.4 million VND/tael.

At the same time, the price of 9999 Hung Thinh Vuong round gold ring at DOJI was listed at 84 - 85 million VND/tael (buy - sell); an increase of 150,000 VND/tael for buying and an increase of 300,000 VND/tael for selling compared to the closing price of the previous trading session.

Bao Tin Minh Chau listed the price of gold rings at 84.6 - 85.7 million VND/tael (buy - sell); an increase of 1.5 million VND/tael for buying and 1 million VND/tael for selling compared to the closing price of last week's trading session.

The world gold price listed on Kitco at 10:50 a.m. on January 5 (Vietnam time) is at 2,639.725 USD/ounce.

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