Domestic gold prices drop sharply, people anxiously buy and sell

    Phương Anh |

    On April 19, domestic gold prices fell sharply. In Hanoi, while many people decided to buy, some others hesitated to sell.

    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.

    Ngay 19.4, nhieu nguoi den cua hang vang bac da quy tai Ha Noi de mua vang nhan. Anh: Phuong Anh
    On April 19, many people came to a jewelry store in Hanoi to buy gold rings. Photo: Phuong Anh

    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."

    Nhieu nguoi cho doi nhieu gio dong ho de mua vang nhan tai mot cua hang tren pho Tran Nhan Tong. Anh: Phuong Anh
    Many people waited for a few hours to buy gold rings at a store on Tran Nhan Tong street. Photo: Phuong Anh

    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.

    Cac tiem vang tap nap khac cho giao dich. Anh Le Ha
    Gold shops are bustling with customers waiting for transactions. Photo: Le Ha

    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.

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