Queuing up to sell gold when price peaked at 106.4 million VND/tael

Due to the large number of people selling gold this morning at SJC Company, people had to wait in line for their turn - Photo: TTD

Gold price increased by 6.1 million VND/tael in three days

From a deep decline, the price of gold suddenly accelerated. On the afternoon of April 8, the selling price of SJC gold bars was only at 100.3 million VND/tael, but by this morning, April 11, the domestic gold price had jumped to 106.4 million VND/tael, an increase of 6.1 million VND/tael after only 3 days.

This is a very attractive increase considering recent times.

On the buying side, the price of gold bars also jumped from 97.7 million VND/tael on the afternoon of April 8 to 103.4 million VND/tael, equivalent to an increase of 5.7 million VND/tael.

Gold sales tickets lined up waiting to be processed - Photo: TTD

Although the difference between buying and selling prices is up to 3 million VND/tael, gold buyers have recently made "huge" profits. Therefore, it is understandable that this morning, domestic and world gold prices reached an all-time high, and many people decided to take profits.

According to Tuoi Tre Online at 10:30 a.m., many people lined up to sell gold at the SJC Company headquarters on Nguyen Thi Minh Khai Street (District 3, Ho Chi Minh City), mainly selling SJC gold bars.

Some people sell only 1 quantity but some people sell more quantity.

SJC Company will cut the packaging of the SJC gold bars purchased from people this morning to check and re-press new packaging - Photo: TTD

Because there were quite a lot of people waiting to sell gold, everyone had to line up and wait their turn. According to records, many people were quite impatient because they were afraid that the gold price would fluctuate, making it difficult to sell at a good price.

Meanwhile, very few people buy at the current price. This morning, there were a few customers buying 9999 gold rings in quantities of 1-2 taels.

This morning, some customers bought 9999 gold rings in quantities of 1-2 taels - Photo: TTD

The price of gold rings is "cheaper" than SJC gold bars by 1 million VND/tael

Currently, the selling price of 9999 gold rings at SJC Company is 1 million VND/tael lower than the price of gold bars, at 105.4 million VND/tael (selling) and 102.4 million VND/tael (buying).

This is also a notable development because previously the selling price of gold bars and gold rings at SJC Company was equal. However, from the beginning of next week, the selling price of gold bars as well as the buying price has continuously increased the gap.

At 12:30 noon today, the world gold price dropped to 3,210 USD/ounce. Converted according to the bank exchange rate, the world gold price is equivalent to 100.16 million VND/tael.

By 10:50 a.m., more and more customers came to sell gold at SJC Company - Photo: TTD

The customer parking lot at SJC Company this afternoon had no more vacancies - Photo: TTD

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Source: https://tuoitre.vn/xep-hang-ban-vang-khi-gia-dat-dinh-106-4-trieu-dong-luong-20250411124413434.htm