Summary
- Increased by 400,000-800,000 VND/tael following positive developments in international gold prices, gold rings reached a half-month peak.
- With a price of over 84.9 million per tael, gold rings are currently nearly 1 million cheaper than gold bars and over 1 million VND more expensive than world gold.
Market developments
Closing the December 9 session with an increase of up to 600,000 VND/tael, the gold ring market continued to be vibrant in the December 10 session with a stronger increase – up to 800,000 VND/tael, in the context of world gold prices increased to above 2,670 USD/ounce – the highest in the past 2 weeks.
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