Records of Lao Dong reporters at gold trading locations in Hanoi show that many stores have few customers, with only a few customers coming to transact all day.
Ms. Nguyen Thu Trang (27 years old, Thai Nguyen ) - a customer on Tran Nhan Tong street (Hai Ba Trung) said: "In contrast to queuing to buy gold on God of Wealth day, now all transactions are very quick, it only takes a few minutes to complete and go home."
Like Ms. Thu Trang, Mr. Doan Cong Hieu (32 years old, Hoan Kiem) shared: "Today I went to buy some gold rings as a wedding gift for my younger brother, but when I asked, some stores ran out of plain rings and could not replenish them after the God of Wealth Day 2024."
"The number of transactions in the first days after the God Tai's birthday decreased significantly. At the beginning of the year, the gold price still fluctuated unpredictably, with a difference of 2 - 3 million VND/tael, so investors did not have many decisions to invest.
Customers mainly come to consult prices and find jewelry for the upcoming March 8th" - Mr. Tran Minh Tuan, an employee at a gold shop on Nguyen Van Cu Street (Long Bien) shared.
Images were recorded at some stores in Hanoi:
Domestic gold price
As of 2:00 p.m. on February 24, the domestic gold price listed by DOJI Group was VND76.45 million/tael for buying; VND78.65 million/tael for selling. The difference between the buying and selling price of SJC gold at DOJI was VND2.2 million/tael.
Meanwhile, Saigon Jewelry Company (SJC) listed the buying price of gold at 76.6 million VND/tael; the selling price is 78.8 million VND/tael. The difference between the buying and selling price of SJC gold is 2.2 million VND/tael.
World gold price opened this morning's trading session listed on Kitco at 2,035.3 USD/ounce.
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