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Home Vietnam gold market

9999 Gold Rings on 23 July: Gold Rings Stagnate as Global Prices Stay Below 2400 USD

An Lý by An Lý
July 23, 2024
in Vietnam gold market
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9999 Gold Rings on 23 July: Gold Rings Stagnate as Global Prices Stay Below 2400 USD
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Summary

  • The domestic gold ring market shows modest downward movements as global gold prices remain below 2400 USD.
  • Buying prices currently do not exceed 75.9 million VND, while selling prices are below 77.2 million VND/tael.
  • The buy-sell spread ranges between 1.25-1.6 million VND.
  • The disparity with gold bars and global gold remains over 2 million VND.

Content

Updated at 12:30 PM on 23 July, SJC 9999 gold rings were listed for buying – selling transactions at 75.75 – 77.15 million VND/tael, down by 50,000 VND/tael in both buying and selling prices compared to the closing price on 22 July.

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An Lý

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  • 9999 Gold Rings on March 28: Heading towards a record peak of nearly VND101 million after 5 sessions of continuous increase
  • 9999 Gold Ring March 27: Gold rings consolidate the 99 million VND mark as world prices rise to nearly 3040 USD
  • Gold price list 26/3: Gold bars continue to act in a direction that is beneficial to investors

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