Gold prices continue to break records, causing shortages at many gold shops in Nghe An province.

Gold prices continue to rise.

On the morning of October 24th, according to Kitco, the spot price of gold in the world market at 5:00 AM Vietnam time was recorded at 2,735.54 USD/Ounce. The sharp increase in world gold prices pushed domestic gold prices to a "peak".

Theo đó, giá vàng 9999 được DOJI niêm yết ở mức 88 triệu đồng/lượng mua vào và 89 triệu đồng/lượng bán ra. So với hôm qua, giá vàng nhẫn DOJI tiếp tục tăng mạnh 1,4 triệu đồng/lượng ở cả 2 chiều mua vào - bán ra.

Giá vàng SJC tại Công ty TNHH Bảo Tín Minh Châu cũng được doanh nghiệp giao dịch ở mức 87-89 triệu đồng/lượng (mua vào - bán ra). Còn tại Bảo Tín Mạnh Hải đang được giao dịch ở mức 87-89 triệu đồng/lượng (mua vào – bán ra).

Tại Nghệ An, mỗi tiệm vàng niêm yết một mức giá khác nhau, dao động từ 90,75 triệu đồng/lượng – 91,20 triệu đồng/lượng (bán ra) và 87,50-88,00 triệu đồng/lượng (mua vào). Theo đó, giá vàng tại Nghệ An đang cao hơn giá vàng trong nước từ 1-1,5 triệu đồng/lượng.

Bà Lê Thị Lâm Dung - chủ một tiệm vàng trên đường Cao Thắng (TP.Vinh) cho biết: “Giá vàng thế giới giảm, song giá vàng trong nước không hề giảm. Hiện giá vàng vẫn đang được điều chỉnh tăng thêm. Nếu như đầu giờ sáng, chúng tôi niêm yết giá bán ra là 90,75 triệu đồng/lượng đối với nhẫn tròn trơn 9999 thì đến gần trưa, đã điều chỉnh tăng lên 90,90 triệu đồng/lượng”.

Ở một tiệm vàng khác trên đường Cao Thắng, nếu như chiều tối 23/10 giá vàng 9999 được niêm yết là 92,20 triệu đồng/lượng thì đến sáng 24/10 giá bán được hạ xuống 91 triệu đồng/lượng.

Nhiều tiệm vàng "cháy hàng", khan nguồn cung

Theo ghi nhận sáng 24/10, tại các tiệm vàng ở thành phố Vinh không khí giao dịch khá sôi động. Trong đó, rất nhiều người đến tham khảo và cập nhật giá vàng. Một số người dân tranh thủ khi giá vàng tăng cao bán chốt lời.

“Nếu mua vàng cách đây vài tháng thì bán sẽ có lời tốt. Còn mới mua thì bán lỗ do chênh lệch giữa mua vào – bán ra quá cao, biên độ chênh lệch lên đến 3-3,5 triệu đồng/lượng. Nhưng do cần tiền nên vẫn phải bán vàng để lấy tiền mặt”, bà Trần Phương H. một người dân cho biết.

Notably, gold shops in Nghe An have resumed trading gold bars, primarily through buying. Accordingly, gold bars are being purchased at prices ranging from 87.50 to 89.00 million VND per tael. Private businesses do not require invoices or citizen identification for transactions, but their prices are lower compared to state-owned enterprises. Some companies, such as Doji and PNJ, are refusing to buy gold from other brands.

With gold prices continuously breaking records, the number of customers buying gold in Nghe An province is on the rise. Ms. Pham Thi Minh L. from Nghi An commune, Vinh City, said: “I don't have much money, only 50 million VND, and putting it in the bank wouldn't yield much profit, so I decided to buy 5 taels of gold at 9,070,000 VND/tael. If the price goes up to 10 million VND/tael, I'll make a profit; if not, it's just a way to save money from devaluation.”

Meanwhile, many people, despite gold prices being at their peak, still decided to "buy at the peak" due to herd mentality and fear that gold prices would rise even higher. Mr. Pham Quang T., who invested nearly 1 billion VND in gold during this period, could only buy 5 taels of gold. For the remaining 5 taels, he had to deposit 100 million VND, and the gold shop gave him a receipt to return in 10 days to collect them.

Previously, gold ring shortages were limited to Hanoi and Ho Chi Minh City. However, due to a surge in demand, especially after the sharp increase in global gold prices, gold has become even scarcer in Nghe An province. Many buyers are unable to purchase gold despite having sufficient funds.

Currently, if customers purchase large quantities of gold, most gold shops report shortages, advising customers to place a deposit and receive the gold after 5-10 days. Specifically at the ASEAN Gold, Silver and Gemstone Joint Stock Company's North Central branch, employees stated that for several months, the supply of gold rings and gold bars has been quite scarce, insufficient to meet customer demand.

For three days (October 22-24), gold rings and gold bars were unavailable at any of the stores. Many people who came to buy gold had to leave empty-handed, with the promise that "we will contact you when we have stock."

Ms. Nguyen My Nh., a customer, said: “Our group plays the gold-buying game, spending 2 taels (20 chỉ) each month. The day for the game is approaching, but for the past two days, when we went to the gold shop of the North Central Vietnam Gold and Silver Company, Nghe An branch, the staff informed us that they were out of stock and the exact time when they would have more was unclear.”

On the morning of October 24th, many people visited the North Central branch of ASEAN Gold, Silver and Gemstone Joint Stock Company to buy gold, but were unable to meet their needs due to a temporary shortage. Many customers left their phone numbers so that staff could contact them when the gold became available; many customers who needed gold urgently had to go to private gold shops to buy it.

Regarding this issue, Mr. Nguyen Duy De, Director of ASEAN Gold, Silver and Gemstone Joint Stock Company, North Central Branch, stated: “Our supply of gold rings and gold bars depends on distribution from our main distributors and retail purchases from individual sellers. Currently, our Nghe An branch is temporarily out of stock of plain gold rings and gold bars. We will resume serving customers when we have more stock. According to regulations, customers must present their citizen identification card when purchasing gold from the company. Each customer is only allowed to purchase one gold product per day (1 tael, 2 taels, 5 taels, 10 taels) and cannot purchase individual rings.”

World gold prices are at an all-time high. Since the beginning of 2024, the price of gold has increased by more than $750 per ounce (approximately 38%). The price is rising too rapidly and could reverse and fall unexpectedly. Therefore, individuals or investors looking to profit from short-term trading should be cautious, as excessively high prices could create a bubble. However, for long-term investment, buying now is still a viable option.

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The probability of a short-term drop in gold prices due to profit-taking pressure is unavoidable. Therefore, investing in gold at this time is quite risky. Historically, gold prices rarely increase by more than 30% in a single year and then continue to rise sharply the following year. Therefore, while gold prices are projected to continue rising in 2025, unexpected drops are possible.

Gold expert Tran Duy Phuong