Unexpected images at SJC Gold Company when gold bar prices plummeted

(NLDO) – The number of customers coming to SJC Gold Company is deserted, especially customers can buy from a few taels of SJC gold bars, 99.99 gold rings...

At noon on November 11, the price of SJC gold bars was listed by SJC Gold Company as 81.9 million VND/tael for buying and 85.4 million VND/tael for selling, down 100,000 VND/tael compared to the morning and down a total of 400,000 VND compared to yesterday.

The price of 99.99 gold rings and all kinds of jewelry gold is traded around 81.9 million VND/tael for buying and 84.4 million VND/tael for selling, down 100,000 VND/tael compared to this morning.

Customers can buy SJC gold bars from several taels or more.

Thus, both SJC gold bar and gold ring prices continued to decline, with the buying price falling below VND82 million/tael amid the falling world gold price. In the international market, today's gold price continued to plummet to USD2,670/ounce, a total loss of USD15/ounce compared to the previous session.

Hình ảnh bất ngờ tại Công ty vàng SJC khi giá vàng miếng lao dốc- Ảnh 1. — No customers trading at SJC Company this morning

A notable development in the gold bar and gold ring market of all kinds recorded by a reporter of Nguoi Lao Dong Newspaper on November 11 at SJC Gold Company (headquartered in District 3, Ho Chi Minh City) was the lack of customers coming to trade. In the parking area, the trading area of gold rings, SJC gold bars and gold jewelry were all sparsely populated.

There were only about a dozen customers waiting for their turn to buy or sell SJC gold bars or 99.99 gold rings, and various types of jewelry. Notably, instead of having to register online to buy SJC gold bars like the previous days, this morning, SJC company's transaction staff said that customers can "buy until they run out of money". Customers in need will dial a number to buy or sell gold, and wait for their turn to make a transaction, which is very quick.

Hình ảnh bất ngờ tại Công ty vàng SJC khi giá vàng miếng lao dốc- Ảnh 2. — The scene was a far cry from the queues at the same company last week waiting to trade gold.

Mr. Hoang (living in District 3, Ho Chi Minh City) said he is waiting to buy 2 taels of SJC gold bars. Every month, he saves up to buy 2 taels of gold, since the price of gold was around 70 million VND/tael until now.

Similarly, Ms. Ngoc and her relatives (living in Binh Thanh District) are also counting money to buy 7 taels of SJC gold bars. She said she bought it for savings so she was not too concerned about the price fluctuating by a few hundred thousand VND/day. She also expressed surprise when she learned that she could buy so many SJC gold bars without having to register online.

For 99.99 gold rings, SJC company's transaction staff said that today (November 11), customers will be able to buy a maximum of 5 taels of SJC gold rings.

"A few days ago, customers could buy up to 10 taels of gold rings. Depending on how much they sold, the company would resell it to other customers in need," the employee explained.