On the morning of March 24, Lao Dong reporters' records at gold business stores on Tran Nhan Tong and Mai Hac De streets (Hanoi) showed that the number of people coming to buy gold increased sharply as prices fluctuated. Many people accepted to queue for hours to wait for their turn to trade.
Present from about 7:45 am at Tran Nhan Tong street, Mr. Nguyen Manh Hung (Hai Ba Trung ward) said that he had stood in line for nearly two hours but it was still not his turn. The store is selling a maximum of 2 taels of gold rings for each customer, he plans to buy 1 tael to make savings.
Seeing that gold prices have recently adjusted down, I consider buying. Normally, I mainly follow prices, rarely buy in large quantities, but this time I found it suitable, so I decided to buy 1 tael" - Mr. Hung said.
According to him, the waiting time is prolonged because the transactions are carried out in order and each person needs to complete all the steps before buying. "I went early, so I also proactively arranged time, waiting to buy the price I find reasonable, so there is no problem" - he shared.
Meanwhile, Ms. Ngo Thanh Thuy (Bach Mai ward) standing in line at a store on Mai Hac De street said she had waited for more than an hour to buy 5 taels of gold rings.
Initially, I only intended to refer to the price, but found the current price reasonable, so I decided to buy it right away. Now there are many channels to keep money, such as depositing or investing, but I still like to buy gold rings for peace of mind" - Ms. Thuy shared.
She said that although the quantity is not large, waiting also helps ensure buying at the desired price. "I came early and patiently waited for my turn. Everyone has their own way of managing money, I choose to buy gold rings because I still trust them for a long time" - she said.
At another store, Ms. Tran Thi Tuyet (64 years old, Cua Nam ward) said that after waiting for more than an hour, she bought 0.1 taels of gold rings.
I have a habit of buying gold to accumulate little by little. Seeing the price drop, I went to buy more. I took the number early and waited for my turn to buy" - Ms. Tuyet shared.
According to Ms. Tuyet, even though she only buys small quantities, she still accepts waiting, because buying when the price is low is still more reasonable. She also said that many people around have the same thought, so the waiting time is prolonged.
Gold price update
As of 10:55 am, SJC gold bar prices were listed by DOJI Group at the threshold of 164.9-167.9 million VND/tael (buying - selling), down 1.1 million VND/tael in both buying and selling directions compared to yesterday morning.
SJC gold bar price was listed by Bao Tin Minh Chau at the threshold of 164.9-167.9 million VND/tael (buying - selling), down 1.1 million VND/tael in both buying and selling directions compared to yesterday morning.
At the same time, DOJI Group listed the price of gold rings at 164.9-167.9 million VND/tael (buying - selling), down 1.1 million VND/tael in both buying and selling directions compared to yesterday morning.
Bao Tin Minh Chau listed the price of gold rings at 165.5-168.5 million VND/tael (buying - selling), down 1 million VND/tael in both buying and selling directions compared to yesterday morning.
The sharp decline of the international market is affecting domestic gold prices. People need to be cautious and avoid following the psychology of crowds when gold prices fluctuate strongly, especially in the context that the difference between buying and selling prices is still maintained at a high level.
See more news related to gold prices HERE...
