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Home Vietnam gold market

Gold Ring 9999 on October 1: Continuing the deep decline, gold rings simultaneously lost the mark of 83 million VND

An Lý by An Lý
October 1, 2024
in Vietnam gold market
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Gold Ring 9999 on October 1: Continuing the deep decline, gold rings simultaneously lost the mark of 83 million VND
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Summary

  • Increasing with the world, ring gold is now also going down in the same direction as world gold.
  • Continuing the downward trend yesterday afternoon, gold rings today recorded an additional decrease of more than half a million VND per tael.
  • The buy-sell difference is still common below the 1 million VND mark.
  • Losing the mark of 83 million VND, gold rings are cheaper than gold bars by more than 1 million VND/tael.

Content

Updated at 11 a.m. on October 1, SJC gold rings listed buying and selling transactions at 81.40 – 82.90 million VND/tael, down 100,000 VND/tael in both buying and selling directions compared to the closing session on Monday.

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Gold price list 1/10: Going against the world’s downward trend, SJC increased to 84 million VND, is the difference “going too far”?

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Exchange rate on October 1: At the beginning of the month, free USD ‘evaporated’ by 100 VND; The yen depreciated

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An Lý

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  • 9999 Gold Rings on March 28: Heading towards a record peak of nearly VND101 million after 5 sessions of continuous increase
  • 9999 Gold Ring March 27: Gold rings consolidate the 99 million VND mark as world prices rise to nearly 3040 USD
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