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Home Vietnam gold market

9999 Gold Rings on 8/7: Adjustment after Approaching the 77 Million VND Mark, Difference with Global Prices under 1.5 Million VND

An Lý by An Lý
July 8, 2024
in Vietnam gold market
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9999 Gold Rings on 8/7: Adjustment after Approaching the 77 Million VND Mark, Difference with Global Prices under 1.5 Million VND
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Summary

  • The gold ring market decreased in the first session of the week as the global price retreated from the 2390 USD mark.
  • Gold rings decreased by 350,000 VND/tael, currently higher than the global gold price by about 1.4 million VND.
  • The buying and selling price difference is pegged at 1.3-1.6 million VND.

Content

As of 12 PM on 8/7, SJC 9999 gold rings were listed for buying – selling transactions at 74.60 – 76.20 million VND/tael, unchanged in both buying and selling prices compared to the last weekend’s closing.

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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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