Summary
- After an increase of nearly 2 million VND, gold rings today turned down sharply due to negative developments in world gold prices.
- With a decrease of about 200,000-800,000 VND/tael, purchased gold rings are still priced at over 83 million VND, the selling price has lost the mark of 85 million VND per tael.
Market developments
In the afternoon session of November 27, when the world gold price surpassed the 2,650 USD mark, domestic gold rings also increased sharply to the mark of 85 million VND per tael. Today, in the context of world gold trading fluctuating around the 2,630 USD mark, the gold ring market also lowered its height, shrinking to the threshold of 84.6 million VND/tael.
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