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Summary World gold prices fluctuate waiting for the results of the 2024 US election. Domestic gold rings continued to decline, trading at a 2-week low. The buying - selling gap tends to decrease again after yesterday's increasing fluctuations. Content Both domestic and foreign investors are looking to developments in the 2024 US election. On the world market, gold prices are fluctuating below the 2,740 USD mark, 2% lower than the record peak of 2,790 USD set end of October 2024. Domestically, gold rings continue to decline and with a current price of no more than 88.6 million VND/tael, gold prices are at the lowest level since October 23 and 1.3% lower than the record peak of 89,8 million VND was achieved on October 31. Updated at 11:30 on November 5, SJC rings listed buying and selling transactions at 86.80 - 88.30 million VND/tael, down 200,000 VND/tael bought and 400,000 VND/tael sold compared to the end. yesterday. The difference between buying and selling decreased to 1.5 million VND from 1.7 million VND yesterday. At Bao Tin Minh Chau , gold rings bought and sold decreased by 300,000 VND/tael compared to the closing date on Monday, trading back to the threshold of 87.48 - 88.48 million VND/tael. Phu Quy recorded a decrease of 300,000 VND/tael of buying and 200,000 VND/tael of selling compared to the closing price of the previous session, the transaction currently stands at 87.40 - 88.60 million VND/tael. Doji Ring adjusted the buying price by 100,000 VND, the selling price decreased by 300,000 VND/tael compared to the closing price on November 4, down to 87.50 - 88.50 million VND/tael, the difference between buying and selling dropped to 1 million VND. VietNamgold rings are moving sideways on the buying side, down 300,000 VND/tael on the selling side compared to yesterday's close, currently trading at 87.20 - 88.20 million VND/tael. The lame adjustment between the two prices has pulled the buying-selling difference from 1.3 million VND to 1 million VND. During the downward trend yesterday, November 4, some gold businesses took action to increase the buying - selling gap by adjusting the buying price to decrease more strongly than the selling price. This may be a sign that many cautious investors have taken profits before the US election results were announced, in order to preserve asset value against unpredictable market fluctuations. In today's session, November 5, the downtrend continued, but the downward momentum was adjusted more modestly on the buying side, helping the buying - selling difference of gold rings narrow to the popular threshold around the 1 million VND mark. Stable at 87 million VND/tael for buying and 89 million VND/tael for selling, SJC gold bars currently have a buying price 500,000 VND lower than the highest buying price in the gold ring market, the selling price of gold bars is higher than the selling price of gold rings out 400,000 VND. At the same time, the world gold price was trading at 2,735 USD/ounce. Converted at the exchange rate on the free market (25,880 VND/USD) reached 86.23 million VND/tael (including taxes and fees), 2.3 million VND lower than gold rings, down about 100,000 VND compared to yesterday. via.

9999 Gold Ring November 5: Gold Ring continues to fall sharply as investors focus their attention on the election

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Gold price list November 5: SJC moves sideways while the world falls vertically below the 2730 USD mark

Exchange rate on November 5: Commercial banks increase buying price – reduce selling price, USD freely moves sideways near the 25,900 mark

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