From 7:30 this morning (November 18) at Bao Tin Minh Chau gold shop (Cau Giay, Hanoi ), many people gathered outside, ready to wait for opening time to make transactions.

The gold shop staff announced that today the gold shop would not open for sale in the morning, but would open for sale in the afternoon from 1 pm. However, many people still waited, hoping that the gold shop would suddenly open.

Ms. Oanh (Cau Giay) shared: “My house is all the way in Dong Anh, I have been waiting here since 7am. The store only opens in the afternoon so I have to wait, because it is so far away that I cannot go back.”

The person who went with Ms. Oanh also said that yesterday they went all day but could only buy 1 tael of gold. They were a bit disappointed because they had to put in all their effort to buy such a small amount.

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Many customers waited since morning but still could not buy gold. Photo: Tien Anh

In the morning, many people came from far away to buy gold, but they all sadly turned back or wandered around the store waiting for opening time.

At 1 p.m., the staff said the gold shop had started selling, limiting each customer to 1 tael of gold and the format was still to take a number to wait for the transaction. Notably, within just 15 minutes, the number of people waiting had reached 100. The inside of the gold shop was already overloaded, and customers were even taken to the 2nd floor by staff to wait.

15 minutes flew by, many customers were happy to receive their waiting tickets, many were disappointed and left because they were a few minutes late. Many people even held their food in their hands to run in to get their number.

Sharing with PV. VietNamNet, Mr. Vu (Cau Giay) said: "I am very lucky that my house is near a gold shop, so I can come back at noon to eat and rest. When I saw the gold shop had signs of opening for sale, I ran over. Many people waited from morning, but in the early afternoon they couldn't get there in time to get a number and had to sadly return home."

Mrs. Ha (Dong Da) confided: "My son and I went to buy gold together. I have some savings so I want to buy gold to save up. Today, we plan to buy at least 2 taels of gold."

Among the large number of people lining up, Ms. Mai (Cau Giay) was able to buy 3 taels of gold while the amount of gold sold by the shop was limited to 1 tael per person.

"I take waiting numbers 10-15 people apart, for example I take 3 numbers 10, 20, 30,... about 10 people apart because I have to subtract the time to pay for the gold purchase, the staff is crowded so they don't pay attention, just have a waiting ticket and you can buy," Ms. Mai revealed.

Meanwhile, Mr. Hai (Thanh Oai) bought 1 tael of gold yesterday, intending to trade for profit. However, today, seeing that the gold price was showing signs of increasing, he decided to sell it for fear of losing money.

“I brought it to the gold shop but sold it to outsiders for a price 500,000 VND/tael higher,” Mr. Hai said.

According to observations, many customers came outside the gold shop but had to return because of the “gold shortage”. In the parking area of ​​the gold shop, many “gold brokers” appeared, offering to buy back gold from customers at high prices. Many people brought gold to the shop to sell but “fell” into transactions outside the gold shop because of the attractive profits.

Other gold shops on Cau Giay Street, such as PNJ, have also announced that their plain round rings have been sold out for a long time and have not promised a date for re-opening. Some shops will let customers reserve gold and only after 15-20 days can customers pick up the gold.

Not only outside the gold shop, on online forums, many accounts post articles specializing in buying and selling gold in large quantities, customers can get as much as they want and will be traded with high profits. However, the risks are also great.

Today's gold price, November 18, 2024, in Vietnam, jumped sharply following the world gold price. By early afternoon, the price of 9999 gold rings at Doji was raised to 82-83.3 million VND/tael (buy - sell), an increase of 1 million for buying gold and 600,000 VND for selling. The price of gold rings at SJC was 80.9-83.1 million VND/tael (buy - sell), an increase of 800,000-1 million VND per tael.

The price of SJC gold bars also increased by a million dong, to 81-84 million dong (buy - sell).

Gold price suddenly increased, shop 'turned around' and sold 1 tael, angry customer went straight home

Gold price suddenly increased, shop 'turned around' and sold 1 tael, angry customer went straight home

The price of gold has risen sharply again, customers have lined up on the sidewalk since early morning even though the gold shop has not opened yet. However, many people were shocked when the shop suddenly announced that each person could only buy 1 tael and they angrily left.
Nearly 200 people packed the gold shop, sellers wanted to 'hand over' for fear of waiting for more losses

Nearly 200 people packed the gold shop, sellers wanted to 'hand over' for fear of waiting for more losses

On the morning of November 14, Bao Tin Minh Chau store (Cau Giay, Hanoi) was overloaded with customers. In just a short while, nearly 200 people were waiting their turn. Many were impatient to sell "hand over" to customers immediately.
Gold price drops sharply to nearly 80 million/tael, gold shops aggressively 'sell off'

Gold price drops sharply to nearly 80 million/tael, gold shops aggressively 'sell off'

A gold shop on Tran Nhan Tong Street (Hai Ba Trung, Hanoi) on the morning of November 12th 'played big' when each person was allowed to buy 5 taels of gold. Hundreds of customers took numbers, lined up inside, and waited their turn to buy.