Recently, on social networks, a group appeared "Exchange and exchange of 9999 gold, BTMC, DOJI, PNJ HN (not SJC)" attracting more than 86,000 participants. According to the introduction, this group was established in June 2024, with the purpose of exchanging, buying and selling 9999 gold, discussing the best gold price on the market.
Notably, although the group emphasized that they do not buy and sell SJC gold according to State regulations, in reality, every day there are still many posts exchanging and inviting each other to buy and sell this type of gold posted in the group. Most of them advertise urgent need to buy or sell at a better price than the market.
The gold exchange and trading group on social networks attracts more than 86 thousand participants. (Screenshot)
Account Le Yen posted: " I need to buy 3 SJC bars ", immediately many people commented to buy at a price of about 83.4 - 83.5 million VND/tael. In the market at the same time, the price of gold bars was listed at 80.5 - 84 million VND/tael (buy - sell). Thus, the selling price of SJC gold bars in this group is 600,000 VND/tael cheaper than the stores.
Posing as someone who wants to buy SJC gold bars, after just a few minutes, the reporter was contacted by many people offering invitations. Specifically, the SL account said it wanted to sell 2 SJC gold bars with full papers for 83 million VND/tael, the buyer can trade directly in Hanoi. " I bought gold when the price was 88-89 million VND/tael, now selling at this price is a big loss so I can't lower it any further. When trading, you just need to compare the serial number with the papers ," this person said.
Not only buying SJC gold bars, many people also come to this group to sell gold rings with the hope of being able to sell at a higher price than selling to stores and agents to make a profit. For example, on the afternoon of November 14, the price of gold rings was listed by Doji at 80.3 - 82.3 million VND/tael, but in this group, many people posted to sell at around 81.8 million VND.
Thus, sellers have the opportunity to earn up to 1.5 million VND/tael more than selling at stores or agents. Meanwhile, buyers can buy about 500,000 VND/tael cheaper.
Doji gold rings are being sold at 81.8 million VND/tael on social networks, at the same time, Doji listed them at 80.3 - 82.3 million VND/tael (buy - sell). (Screenshot)
According to a person who bought gold on this group, recently buying gold bars or even gold rings at large stores in Hanoi is often very difficult. Therefore, when he needs gold for urgent matters, he asks in the group for convenience. Normally, if both parties agree quickly and get a good price, the gold purchase can only take a few hours, or even a few dozen minutes.
Gold trading activities are taking place vigorously on social networks. (Screenshot)
Commenting on the spontaneous "gold floor" on social networks, economic expert Dinh Trong Thinh said that recently, people have encountered difficulties and spent a lot of time when wanting to buy gold on the market. Therefore, when they have urgent needs, they are forced to find other measures to be able to buy quickly such as buying on the free market and now buying on social networks.
However, according to Mr. Thinh, this option can cause gold buyers to face financial risks, causing economic losses.
“Currently, fake gold and fake certificates can be easily made by bad guys in a very sophisticated way. Therefore, buying gold on social networks can potentially pose a huge risk of being scammed, and you may even be held criminally liable for buying gold from criminals. At the same time, even though you can buy real gold, the quality and weight may not be as standard or sufficient as in genuine stores. Besides, there are many other risks that we cannot foresee,” expert Dinh Trong Thinh analyzed.
Therefore, Mr. Thinh recommends that people should not trade gold on social networking groups to protect themselves from unfortunate risks. In addition, authorities need to have more effective management measures so that people can easily buy and sell gold at reputable stores and agents. At the same time, there should be measures applied to gold trading enterprises to make buying and selling activities more transparent.
Recently, answering before the National Assembly, Governor Nguyen Thi Hong said that the policy is still to fight against gold and dollarization, so the State Bank does not encourage people to hold gold, especially high-value gold bars.
Because gold can be valuable, but when holding it, people cannot use that money. If you convert gold to VND, there will be opportunities to do business, to invest in other areas such as depositing money in the bank, so that the bank can use that money to lend for production and business. Or the money can be invested in shares, stocks, and the stock market to serve production and business.
Therefore, the State Bank, in the spirit of Decree 24, does not encourage people to hold gold. This is also the reason why the management agency has issued a policy of the State monopolizing the production, import and export of gold bars and strictly managing the trading of precious metals.
Source: https://vtcnews.vn/khach-mua-ban-nhon-nhip-tren-san-vang-tu-phat-chuyen-gia-canh-bao-ar907274.html
Comment (0)