On Thursday, many Hanoians queued up from morning to evening to buy gold early, fearing that prices would rise.
The price of SJC-branded gold has surged considerably, exceeding historical highs. The selling price reached VND89.60 million (USD3,560) per tael, down by VND1.40 million per tael against the closing price on Wednesday.
A shop even arranged metal barriers to regulate the flow of customers.
Several gold stores have arranged outdoor booths to manage the crowd where people can request calligraphy while waiting their turn.
Games for children are also held while waiting for their relatives to buy gold.
Despite high gold prices, large crowds have still purchased gold at the beginning of the year.
