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Home Vietnam gold market

9999 Ring Gold on August 3: Sharpest Decline of the Week

An Lý by An Lý
August 3, 2024
in Vietnam gold market
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9999 Ring Gold on August 3: Sharpest Decline of the Week
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Summary

  • Gold rings simultaneously lost value during the trading session on the weekend of August 3.
  • The decline brought the precious metal below 77.6 million VND per tael.
  • The buy-sell spread ranges from 1.15 to 1.6 million VND.
  • Ring gold is over 2 million VND cheaper than gold bars and more than 1 million VND more expensive than world gold.

Details

As of 12:30 PM on August 3, SJC 9999 ring gold was listed for buying and selling at 76.15 – 77.55 million VND per tael, down 200,000 VND on the buying side and 100,000 VND on the selling side compared to the close of August 2.

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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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