Summary
- Global gold weakens, leading to a sharp decline in gold ring prices, risking falling below 77 million VND per luong.
- The gold ring market maintains a common buy-sell spread around 1.5 million VND.
- Gold rings are currently more than 13 million VND cheaper than SJC gold bars and over 2 million VND more expensive than global prices.
Detailed Content
As of 11:30 AM on May 17, SJC rings are listed for buying and selling at 75.20 – 76.80 million VND per luong, down 150,000 VND per luong for buying and 250,000 VND per luong for selling compared to the previous session’s close.
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