Gold price in Ha Tinh breaks the peak, many types of round rings "sold out"

At 6:00 a.m. on April 17 (Vietnam time), the world gold price increased sharply by 184 USD/ounce, from 3,270 USD/ounce to 3,354 USD/ounce.

This is the highest price ever, reflecting investors' concerns in the context of global economic instability, aggressive US trade policies and geopolitical tensions between major powers.

Besides, the weakening USD is also an important supporting factor causing the price of this precious metal to skyrocket.

Gold prices continuously "break the peak", Ha Tinh market is bustling in both buying and selling directions.

On the morning of April 17, Saigon Jewelry Company (SJC) listed the buying price of gold at VND115.5 million/tael; the selling price was VND118 million/tael, an increase of VND2.5 million/tael for buying and VND3 million/tael for selling compared to the close of the previous trading session.

At the same time, the gold price at DOJI Group was listed at 115.5 - 118 million VND/tael (buy - sell), an increase of 2.5 million VND/tael for buying and 3 million VND/tael for selling compared to the closing price on April 16. The difference between the buying price and the selling price is 2.5 million VND/tael.

Recorded in the Ha Tinh market, many owners of precious metal shops said that, continuing the rapid increase in recent days, the listed price on the morning of April 17 has "broken the peak", the highest ever. Currently, stores mainly list around 11,500,000 VND/tael for buying and 11,590,000 VND/tael for selling.

The market recorded a large and bustling transaction volume in both buying and selling directions, only gold transactions were conducted directly at the counter. The 10-chi, 5-chi, and 3-chi rings were always "out of stock". Due to the "heat" of the market, some stores have limited each customer to only buy 1 chi/day.

At Mai Xuan gold and silver shop (Nguyen Cong Tru street, Ha Tinh city), the number of customers coming to trade this precious metal item increased dramatically, many people had to wait for their turn to buy. According to information from the shop, in just nearly 2 days, the price of gold has increased "hotly" by 1,330,000 VND/tael for buying and 1,340,000 VND/tael for selling. This is the most historic increase since the beginning of the year.

The basic 10-chi, 5-chi, and 3-chi round rings are "sold out", the 1-chi ring has a small quantity left in stores.

Ms. Ha Thi Lieu - owner of Kim Hoan gold shop (Nguyen Cong Tru street, Ha Tinh city) said: "The world gold price is constantly changing, causing the domestic gold price to rise, so we have to constantly adjust the price list. The market is fluctuating strongly, so customers are coming to buy and sell very actively. In the past 2 days, many customers have bought large quantities of gold. According to our experience, when the gold price goes up, it will always be accompanied by a sharp increase in people's demand for gold storage. Currently, the shop is temporarily out of plain rings such as 5 chi, 3 chi; there are very few 1 chi, 2 chi left. We are overloaded, so we have to limit the amount of gold sold."

Although the price is at a record high, many people are still investing heavily in the hope that the increase will continue. Ms. Tran Thi Phuong Anh - a customer who bought 6 taels of gold at Viet Ha gold shop (Ha Tinh city) said: "Seeing that the gold price trend continues to increase, I invested in "surfing". Currently, the shop does not have 1 tael of gold, so I have to buy plain rings of 5 chi and 3 chi. Many acquaintances in the investment group have also decided to buy a large amount of gold during this period."

Having just bought gold to prepare for her daughter's wedding at the end of the year, Ms. Phan Thi Hanh (Tan Giang ward, Ha Tinh city) shared: "Although my daughter's wedding is still a few months away, I'm worried that the price of gold will increase even more, so I have to buy now."

Many people "close" to buy large quantities of gold.

It is known that the current gold buying trend of the majority of people is to buy plain gold rings, so many stores are "out of stock" of this type of gold. The market recorded bustling sales activities, businesses required customers who want to buy to keep the price and receive the goods later to make a deposit in advance to ensure the transaction; selling a limited quantity to each customer.

On the other hand, many people have also quickly taken advantage of the “peak” of gold prices to sell for profit. With the rapid increase of the market, many people who bought at low prices have now earned significant profits.

Ms. Nguyen Thi Han (Loc Ha town, Thach Ha district) said: "I just closed the profit of 3 taels of gold bought from the beginning of February 2025, when the price was about 88 million VND/tael. As of today, I have made a profit of more than 20 million VND for each tael of gold. Compared to saving money in the bank, investing in gold during this period brings quite good profits."

Domestic gold prices in general and Ha Tinh in particular fluctuate according to world trends and are likely to continue to increase in the coming time.

According to experts, gold prices are expected to continue to rise amid trade tensions and global economic instability that show no signs of abating. ANZ Bank predicts that gold prices could reach $3,600/ounce by the end of the year, as demand for safe havens increases sharply, especially in China.

The prolonged weakness of the USD continues to strengthen the role of gold as an attractive investment channel. Domestic gold prices in general and Ha Tinh in particular fluctuate according to world trends and are expected to will continue to increase in today's trading session (April 17).

Source: https://baohatinh.vn/gia-vang-o-ha-tinh-pha-dinh-nhieu-loai-nhan-tron-chay-hang-post286129.html