Gold price increases, people are busy buying and selling

Phương Anh |

Today, domestic gold prices continue to increase. In Hanoi, while many people are waiting to buy gold rings, many people choose to sell them.

Recorded by Lao Dong reporter at 9:30 a.m. on March 31, the domestic price of plain round gold rings and gold bars continued to increase.

At some gold shops on Tran Nhan Tong Street (Hanoi), people's demand for gold rings is increasing. Many people are willing to wait since the store has not opened yet to be able to buy gold rings.

Sang 31.3, nhieu nguoi den cua hang vang bac da quy tai Ha Noi de mua vang nhan. Anh: Phuong Anh
On the morning of March 31, many people came to a jewelry store in Hanoi to buy gold rings. Photo: Phuong Anh

Ms. Dao Linh Nhi (Dong Da District, Hanoi) - a customer who came to buy gold rings at a gold shop on Tran Nhan Tong Street, Hanoi - shared:

"In recent days, most stores have limited the quantity of gold rings sold. Each day, a person can only buy a maximum of 1 - 2 taels of gold. This morning, the store announced that each customer can only buy 1 tael of gold. I have been queuing since 8:30 with everyone, but it is not my turn to make a transaction yet".

Ms. Linh Nhi said that if she can't buy it today, she will come back the next day to continue waiting to buy.

Truoc cua hang kinh doanh vang tren pho Tran Nhan Tong (Ha Noi), hang dai nguoi cho den luot giao dich. Anh: Phuong Anh
In front of a gold shop on Tran Nhan Tong Street (Hanoi), a long line of people waited for their turn to trade. Photo: Phuong Anh

Ms. Nguyen Thi Mai (Hoan Kiem District, Hanoi) also lined up early when this gold shop had not opened yet to wait to buy gold rings. However, more than an hour had passed, and she had not yet been able to make the transaction.

"Although the price is high, it is very difficult for people to buy gold. Today I can still stand in line, but many times when I just got to the door, the staff announced that they were all gone. Currently, I am still waiting for my turn to transact" - Ms. Mai said.

While many people are waiting to buy gold, some people choose to sell.

Mr. Ta Quang Tung (Dong Da District, Hanoi) - a customer coming to a gold shop on Tran Nhan Tong Street, Hanoi - said: "The gold price is at a high level, so I decided to sell it to make a profit".

According to Mr. Tung, customers who come to sell gold rings can enter the transaction immediately, without having to wait in line like those who want to buy.

Gold price update

As of 10:45 a.m. on March 31, the price of SJC gold bars was listed by DOJI Group at VND99.2 - 101.5 million/tael (buy - sell). The difference between buying and selling prices is at 2.3 million VND/tael.

Bao Tin Minh Chau listed the price of SJC gold bars at 99.2 - 101.5 million VND/tael (buy - sell). The difference between buying and selling prices is at 2.3 million VND/tael.

At the same time, the price of 9999 Hung Thinh Vuong round gold rings at DOJI was listed at 99 - 101.5 million VND/tael (buy - sell). The difference between buying and selling prices is at 2.5 million VND/tael.

Bao Tin Minh Chau listed the price of gold rings at 99.3 - 101.6 million VND/tael (buy - sell). The difference between buying and selling prices is at 2.3 million VND/tael.

As of 10:50 a.m. on March 31 (Vietnam time), the world gold price listed on Kitco was at 3,107.465 USD/ounce.

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