Recorded by Lao Dong reporter at 10:20 on April 19, the price of plain round gold rings and domestic gold bars decreased sharply.
At some gold shops on Tran Nhan Tong Street (Hanoi), the situation of people lining up in front of the shop continues to happen. Many people are willing to wait for hours to buy gold rings.
Mr. Pham Van Duong (Hoan Kiem District, Hanoi) - a customer waiting to buy gold rings - shared that he had come here since 9am and had not yet had his turn to trade. Many people arrived earlier than me, they had been lining up since 8am, he said.
Mr. Duong added: "The shop currently only sells a maximum of 1 tael of gold ring to each person and does not open a gold bar sale. I plan to buy a tree, but I may have to wait another 2-3 hours for my turn."
Similarly, Ms. Do Thu Nga (Hai Ba Trung District, Hanoi) also looked to buy gold rings at a gold shop on Tran Nhan Tong Street (Hanoi).
"Today, the price of gold has decreased, so I decided to buy. However, I waited for more than an hour, not knowing if I could buy it or not" - Ms. Nga said.
Meanwhile, Mr. Nguyen Thanh Cong (Dong Da district, Hanoi) is hesitating between buying or selling gold.
"I have bought some gold since the beginning of 2024, relatives advised me to sell, but I am still hesitant. At this store, there are many buyers, but there are quite a few sellers, making me even more hesitant" - Mr. Cong said.
Gold price update
As of 11:30 on April 19, the price of SJC gold bars was listed by DOJI Group at 111 - 115 million VND/tael (buy - sell); down 6 million VND/tael for buying and down 5 million VND/tael for selling compared to early in the morning.
Bao Tin Minh Chau listed the price of SJC gold bars at 111 - 115 million VND/tael (buy - sell); down 6 million VND/tael for buying and down 5 million VND/tael for selling compared to early in the morning.
At the same time, the price of 9999 Hung Thinh Vuong round gold rings at DOJI was listed at 109.5 - 113.5 million VND/tael (buy - sell); down 5.5 million VND/tael for buying and down 5 million VND/tael for selling compared to early in the morning.
Bao Tin Minh Chau listed the price of gold rings at 110.7 - 114.5 million VND/tael (buy - sell); down 5.8 million VND/tael for buying and down 5 million VND/tael for selling compared to early in the morning.
As of 11:35 a.m. on April 19 (Vietnam time), the world gold price listed on Kitco was at 3,327.75 USD/ounce.
