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Home Vietnam gold market

9999 ring on October 28: There appeared a decline of up to 300,000 VND, the gold ring lost its peak of 89 million VND

An Lý by An Lý
October 28, 2024
in Vietnam gold market
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9999 ring on October 28: There appeared a decline of up to 300,000 VND, the gold ring lost its peak of 89 million VND
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Under the pressure of weakening world gold, domestic gold rings today lost value on a large scale with the strongest decline currently recorded at 300,000 VND/tael.

After a decline in the early morning, world gold continues to struggle below the 2,740 USD/ounce mark. Witnessing the action of world gold prices, the domestic gold ring market went sideways or decreased at businesses. The downward trend accounts for the majority with a range of 50-300,000 VND per tael.

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Exchange rate on October 28: USD sold in banks decreased according to the central exchange rate, free exchange rate increased by 200 VND

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