Updates to follow

After 2 PM on 25/3, mobile police were observed at two Bao Tin Minh Chau gold, silver, and gemstone establishments: 15 Tran Nhan Tong, Hai Ba Trung ward, and 139 Cau Giay street, Cau Giay ward.

Both establishments subsequently closed their rolling shutters, ceasing transactions with customers, while lights remained on inside.

By 4 PM, the two gold shops had not announced their reopening time.

Bao Tin Minh Chau's Cau Giay establishment closed. Photo: Linh Dan

Bao Tin Minh Chau is one of Hanoi's largest gold brands, operating numerous transaction stores. Today's listed price for gold rings at these establishments is 172,5-175,5 million VND.

Since the beginning of the year, gold prices have fluctuated unpredictably. Gold, silver, and gemstone businesses in Hanoi have consistently seen queues of people waiting to buy gold, with only a few selling. Customers are often limited to purchasing small quantities of gold or are given appointments for future delivery.

The establishment at 15 Tran Nhan Tong closed, a stark contrast to the bustling transactions seen in previous days. Photo: Linh Dan