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

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.