Domestic gold prices increase, people line up to buy

Phương Anh |

Although domestic gold prices have continuously increased, many people are still flocking to gold shops lining up to buy.

Recorded by Lao Dong reporter on November 11, at some gold shops on Tran Nhan Tong street (Hanoi), the situation of people lining up to wait for transactions still occurs continuously, despite the domestic price of plain round gold rings and gold bars continuing to increase.

Many people are willing to wait for hours to buy gold rings and gold bars.

Ngay 11.11, tai mot so cua hang kinh doanh vang o Ha Noi, nhieu nguoi xep hang dai cho mua vang. Anh: Phuong Anh
On November 11, at some gold shops in Hanoi, many people lined up to buy gold. Photo: Phuong Anh

Ms. Ta Minh Trang (Hai Ba Trung Ward, Hanoi) - a customer waiting to buy gold rings - shared that she had come here since 8:30 am, when the store had not yet opened to queue.

"Yesterday, I also waited here since morning but could not buy, I heard that at 2pm they opened a maximum of 5 taels for 1 person. This morning we continued to wait. I waited for more than an hour, not knowing if the store would sell them or not" - Ms. Trang said.

She added that at the store where she is waiting, although it has not yet opened for sale, the staff informed that each customer can only register to buy once per 5 days, depending on the amount of gold sold per day.

"If I can't buy today, I will come back another day to continue waiting because the price fluctuates continuously, afraid that the future will increase even more" - Ms. Trang shared.

Cac tiem vang tap nap khach. Anh: Phuong Anh
Gold shops are bustling with customers. Photo: Phuong Anh

Similarly, Mr. Le Van Cuong (Bach Mai ward, Hanoi) also sought to buy gold to store at a gold shop on Tran Nhan Tong street (Hanoi).

"I buy gold as savings. In mid-January, I bought 1 tael for 86 million VND. For a few months now, I have just returned to buy more and saw quite a lot of people lining up. I waited for more than an hour without knowing if the store would sell them or not" - Mr. Cuong said.

Nhieu nguoi cho biet, vang nhan va vang mieng thoi diem nay rat kho mua. Anh: Phuong Anh
Many people said that gold rings and gold bars are very difficult to buy at this time. Photo: Phuong Anh

Gold price update

As of 9:45 a.m., DOJI Group listed the price of SJC gold bars at 150-152 million VND/tael (buy - sell), an increase of 2.4 million VND/tael in both directions compared to yesterday's trading session.

The price of SJC gold bars was listed by Bao Tin Minh Chau at 150.5-152 million VND/tael (buy - sell), an increase of 2.4 million VND/tael in both directions compared to yesterday's trading session.

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

At the same time, DOJI Group listed the price of gold rings at 148.5-151.5 million VND/tael (buy - sell), an increase of 2.5 million VND/tael in both directions compared to yesterday's trading session.

Bao Tin Minh Chau listed the price of gold rings at 149.3-152.3 million VND/tael (buy - sell), an increase of 2.5 million VND/tael in both directions compared to yesterday's trading session.

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 9:12 a.m., the world gold price was listed around 4,134.2 USD/ounce, up 91.3 USD compared to a day ago.

See more news related to gold prices HERE...

Phương Anh
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