Many gold shops have no more round rings to sell, people line up to buy

The strong fluctuations in gold prices and the high level of stability have stimulated trading demand, creating "heat" for the market of this precious metal. From early morning to early afternoon on April 21, Nguyen Cong Tru gold street (Ha Tinh city) was bustling with people coming to trade. Inside shops such as Mai Xuan, Phuong Xuan, Ngoc Ha, Viet Ha, Kieu Ngoc... there were many customers at many times.

Gold shop owners said that after 2 days (April 19 and 20) the price had somewhat "cooled down". Since this morning, after the gold price started to increase again, the number of customers at the shops has always been crowded.

The world gold price listed on Kitco in the early afternoon of April 21 was at 3,387 USD/ounce. At shops in Ha Tinh, the selling price of 9999 gold was listed at 11,450,000 VND/tael for selling and 11,360,000 VND/tael for buying. Compared to yesterday, the price of 9999 gold increased by 500,000 VND/tael.

Ms. Bui Huyen Dieu - owner of Mai Xuan gold shop (Nguyen Cong Tru street, Ha Tinh city) said: " After 2 days of price decrease, this morning the world gold price increased again, causing the domestic gold price to increase, so the market became bustling. Besides many buyers, there were also customers who took advantage of the high price to sell to make a profit."

According to records, at this time, in addition to the need to buy gold for storage, many people also invest in buying large quantities to "surf" and make a profit. The most "popular" item is the round ring item because this is a suitable investment product, with no processing fee. However, this morning, many jewelry stores have run out of round gold rings to sell to customers.

At Viet Ha Gold Shop (Nguyen Cong Tru Street, Ha Tinh City), by 9am, all the round rings were sold out and there were no more to sell to customers. In the photo: The round ring tray at Viet Ha Gold Shop was empty since the morning of April 21.

Ms. Le Thi Ha - owner of Viet Ha gold shop said: "There are many customers coming to buy gold, but since this morning we have no more round gold rings to sell. Many customers accept to wait so that if someone comes to sell to the shop, they will have gold to buy back."

Gold and silver shop owners say that the gold market these days is as “hot” and bustling as the God of Fortune Day. Customers mostly buy more than they sell.

Going to buy gold this morning, Ms. Phuong Nga (Ha Tinh City) said: “Bank interest rates are decreasing, so I decided to withdraw my savings to invest in gold. In the past few days, I was waiting for the price to decrease to buy, but seeing that the price had just gone down, and before I could buy it, it went back up, so I decided to buy it instead of waiting. However, this morning when I went to the store, I saw that it was “out of stock”, it is not easy to buy gold with money”.

According to experts, in the context of a world full of policy instability, high inflation and geopolitical tensions, gold is still a safe haven, so it is predicted that the price of this precious metal on the world market may still increase.

Source: https://baohatinh.vn/nhieu-tiem-vang-khong-con-nhan-tron-de-ban-nguoi-dan-xep-hang-cho-mua-post286380.html