According to Lao Dong reporters today (November 11), domestic gold prices have been adjusted down by some brands compared to the previous trading session. The situation of people lining up in front of gold shops to buy plain round gold rings is still happening continuously.
However, the store only sells a small amount of gold rings each day and does not announce the opening time in advance, causing many people in need to go everywhere to buy or wait early when the store has not opened yet.
After waiting for many days without being able to buy any gold rings, Ms. Nguyen Minh Thu (Hai Ba Trung District, Hanoi) was disappointed: "Although my house is right next to a gold shop on Tran Nhan Tong Street, I have been short of money for the past month and have not been able to buy anything.
I want to buy about 2 taels of rings to save money but it's very difficult. Some days the store doesn't sell them, other days the line is so long that when it's my turn, they're all sold out. However, I'll still wait until I can buy gold."
Ms. Le Thu Huong (living in Dong Da district, Hanoi) shared: "Like everyone else, in recent days, I have been lining up to buy gold rings, but have never been able to buy any. One day, before I could even get into the store, the staff announced that all the gold rings were sold out.
I also tried asking the staff when it would be sold, but they all shook their heads and said they didn't know the information. Like this morning, I came early but the front was already very crowded."
Sharing with Lao Dong reporter, an employee at a gold shop on Tran Nhan Tong street (Hanoi) said: "Because the quantity of plain gold rings is currently very scarce, the shop has sold a certain number of rings per day for many days now. This morning, we could only issue about 40 purchase vouchers and each customer was allowed to buy 2 taels of plain gold rings.
Although the sale of gold rings is limited, the purchase of gold rings from people is still taking place normally.
Gold price update
As of 4:45 p.m. on November 11, the price of SJC gold bars listed by DOJI Group was at VND81.9 - 85.4 million/tael (buy - sell). The difference between the buying and selling prices of SJC gold at DOJI Group was VND3.5 million/tael.
Meanwhile, Bao Tin Minh Chau listed the price of SJC gold at 82.1 - 85.4 million VND/tael (buy - sell). The difference between the buying and selling price of SJC gold at Bao Tin Minh Chau is 3.3 million VND/tael.
At the same time, the price of 9999 Hung Thinh Vuong round gold ring at DOJI was listed at 83.15 - 84.95 million VND/tael (buy - sell).
Bao Tin Minh Chau listed the price of gold rings at 83.08 - 84.93 million VND/tael.
The world gold price listed on Kitco at 4:45 p.m. on November 11 (Vietnam time) is at 2,667.2 USD/ounce.