Gold prices rise, people flock to sell to take profits

Hạ Linh |

On April 1st, gold prices rose, gold stores became bustling in both selling and buying directions. Among them, the number of people selling suddenly increased.

Continuing the upward trend, this morning (April 1), plain round gold rings and domestic gold bars increased in price. At gold business stores on Cau Giay street (Hanoi), a vibrant trading atmosphere took place in both directions.

Contrary to many days before, the trend of people selling to take profits this morning increased sharply, and the number of customers buying decreased slightly.

As of 9:58 am, according to information released from the store, the maximum amount of plain round gold rings sold today is 10 taels of gold. If customers need to buy positions under 2 taels of gold, they will be able to trade directly, and more quantities will receive appointment slips.

As one of the customers who wanted to buy this morning, Ms. L.D. V (Nghia Do ward, Hanoi) said: "In previous days, I waited from the beginning of the afternoon until the end of the trading session, the price adjusted down. I could sit and wait here, but when I paid down, the unit price could increase or decrease slightly, so I took the initiative to come before the opening time. Today I bought 5 taels of gold rings, received an appointment to come and get them later.

Lượng khách hàng chờ mua vào giảm nhẹ so với nhiều ngày trước đó. Ảnh: Hạ Linh
The number of customers waiting to buy decreased slightly compared to many days before. Photo: Ha Linh

Similarly, Ms. B.T. M (Xuan Phuong ward, Hanoi) and her husband came to queue to buy - said: "My husband and I were queuing together, the house is not nearby, so we went 2 people to get our work done. My husband queued to buy 1 tael of gold and I would buy 3 taels of gold".

According to Ms. M, after the first 3 months of the year, the couple accumulated from many different sources such as children's lucky money, bonuses at the company, so they decided to buy them.

Besides the number of customers buying in, the selling atmosphere at the main store is bustling. Traveling 15km to the gold store with the need to sell products of this brand, Mr. N.T. D (Hoai Duc commune, Hanoi) waited for his turn to take profits.

Normally, the quantity sold is not much, even on days when I don't need to write a receipt for the serial number. Today I came in with the serial number 30, waiting until nearly 10 am to be my turn. I don't know if waiting for so long will make the price go up, if the price increases a little, I will benefit to that extent" - Mr. D said with a smile.

Sharing the same feeling, Ms. N.T. O (Tay Ho ward, Hanoi) said: "My number is 46, waiting for more than 40 minutes and still haven't seen the staff call. Just arrived at number 30, I don't know when it will be my turn. I sold 1 tael of gold, usually selling for only 5 minutes/person today is more crowded, so the waiting time is long".

Since September 2025, Ms. O bought it, as of this morning, she has made a profit of nearly 3 million VND/chi of plain round gold rings.

Gold price update

As of 12:20 PM on April 1st, SJC gold bar prices were listed at 173.7-176.7 million VND/tael (buying - selling), an increase of 1.8 million VND/tael.

Bao Tin Minh Chau listed SJC gold bar prices at the threshold of 173.5-176.7 million VND/tael (buying - selling), simultaneously increasing by 1.8 million VND/tael.

At the same time as the survey, SJC listed the price of plain round gold rings at 173.5-176.5 million VND/tael (buying - selling), an increase of 1.8 million VND/tael in both directions.

Bao Tin Minh Chau listed the price of gold rings equal to the price of gold bars, currently at the threshold of 172.7-175.7 million VND/tael (buying - selling).

On the world market, as of 12:21 PM on April 1st (Vietnam time), world gold prices had an upward correction, listed around the threshold of 4, 681.6 USD/ounce, up 13.8 USD.

Hạ Linh
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