Crowds Queue at Vietinbank and Vietcombank to Purchase Gold Bars
Although the banks only started selling gold bars at 2:30 pm, eager customers were already lining up outside since 2 pm. Our reporter from Nguoi Lao Dong newspaper witnessed the scene at Vietinbank’s gold-selling point on Hue Street, Hai Ba Trung District, Hanoi. A long queue of people waited to buy gold, but the bank did not issue any queue numbers, causing some frustration.
Crowds line up to buy gold bars from Vietinbank
At exactly 2:30 pm, the bank opened its doors to customers, but only two people were allowed inside at a time. Our reporter observed that after more than 30 minutes, the first two customers were still completing their transactions, while those waiting outside grew impatient due to the hot weather.
A similar scene unfolded at Vietcombank’s transaction point on Cat Linh Street, Dong Da District, Hanoi, where people also gathered to wait for their turn to buy SJC gold bars. The transaction process took a considerable amount of time.
At noon on June 3rd, the State Bank of Vietnam announced the gold price for the day as VND 78.98 million per tael, which was approved by the Governor of the State Bank. Based on this price, the four banks in the Big 4 group and SJC will determine and announce the selling price of SJC gold bars on their websites and at their sales locations.
Below are some images of people queuing to buy SJC gold bars at the four state-owned commercial banks:
People wait in line to buy gold at Vietinbank on Hue Street, Hai Ba Trung District, Hanoi
A large crowd gathers, but the bank does not issue queue tickets, so people line up in order of arrival to buy gold.
The bank announces the SJC gold bar price for the day at VND 79.98 million per tael.
Despite the hot weather, many people still come to the banks to buy gold bars as the price has dropped.
Vietinbank opens its doors and invites two customers at a time to transact gold purchases.
Customers outside are growing restless due to the hot weather.
Our reporter observes that after more than 30 minutes, the first two customers are still completing their transactions, and there is a long line of people waiting outside.
Customers wait for their turn to buy SJC gold bars.
A customer fills out their information to buy gold at Vietcombank.
A large crowd waits to complete their transactions.
A customer completes the gold purchase procedure at Vietcombank’s counter.
