Domestic gold prices drop, many people still wait in the rain to buy

Phương Anh |

On November 18, domestic gold prices fell sharply. In Hanoi, many people flock to gold shops to buy.

Recorded by Lao Dong reporter today (November 18), domestic gold bar and plain ring prices have decreased sharply, many people continue to choose to go to gold shops to wait to buy.

However, buying gold rings at this time is still difficult. Despite unfavorable weather, many people were willing to wear the rain and queue early to wait to buy.

Sang 18.11, nhieu nguoi cho doi o mot cua hang vang bac da quy tai Ha Noi de mua vang nhan. Anh: Le Ha
On the morning of November 18, many people waited at a jewelry store in Hanoi to buy gold rings. Photo: Le Ha

Queuing since the gold shop on Tran Nhan Tong Street (Hanoi) has not opened yet to wait to buy gold rings, Ms. Do Thi Tuyet (Hoan Kiem Ward, Hanoi) shared: "Domestic gold prices are decreasing compared to a few days ago. I have been queuing here for more than an hour. Although it is past opening time, there is still no announcement for sale".

Ms. Tuyet said she wanted to buy gold as a wedding gift, so if she couldn't buy it today, she would continue to queue tomorrow.

Du gia lien tuc bien dong, vang nhan van thu hut nhieu nguoi san mua. Anh: Phuong Anh
Although the price is constantly fluctuating, gold rings still attract many buyers. Photo: Phuong Anh

Similar to Ms. Tuyet, Mr. Bui The Cong (Ba Dinh ward, Hanoi) also lined up early but could not buy gold rings. He said that he has been coming to the store for many days but still hasn't been able to buy.

"It's past opening time but the store still hasn't sold. The front of the house still has signs that are out of stock. I plan to return, but I am not sure if they will open for sale or not. The staff here do not announce the time of selling gold rings in advance" - Mr. Cong said.

Gold price update

As of 10:20 a.m., DOJI Group listed the price of SJC gold bars at 147.8-149.8 million VND/tael (buy in - sell out), down 1.2 million VND/tael in both directions. The difference between buying and selling prices is at 2 million VND/tael.

The price of SJC gold bars was listed by Bao Tin Minh Chau at 148.3-149.8 million VND/tael (buy - sell), down 1.2 million VND/tael for buying and unchanged for selling. The difference between buying and selling prices is at 1.5 million VND/tael.

Dien bien gia vang SJC nhung phien giao dich gan day. Bieu do: Khuong Duy
SJC gold price developments in recent trading sessions. Chart: Khuong Duy

As of 10:20 a.m., DOJI Group listed the price of gold rings at 146-149 million VND/tael (buy in - sell out), down 900,000 VND/tael in both directions. The difference between buying and selling is 3 million VND/tael.

Bao Tin Minh Chau listed the price of gold rings at 146.8-149.8 million VND/tael (buy - sell), down 1.2 million VND/tael in both directions. The difference between buying and selling is 3 million VND/tael.

Dien bien gia vang nhan tron nhung phien giao dich gan day. Bieu do: Khuong Duy
The price of plain gold rings in recent trading sessions. Chart: Khuong Duy

At 9:13, the world gold price was listed around 4,032.9 USD/ounce, down 54.1 USD compared to a day ago.

See more news related to gold prices HERE...

Phương Anh
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