Gold prices unexpectedly surged.

In just two hours of trading this morning (November 18th), the price of SJC gold bars and gold rings increased by half a million dong to 700,000 dong per ounce.

At 10:30 AM, major gold trading businesses such as Saigon Jewelry Company, Bao Tin Minh Chau, Doji , Phu Quy, etc., listed their selling prices. SJC gold bars The price rose to 84 million VND/ounce, an increase of half a million VND/ounce compared to earlier this morning.

4 bank State-owned banks (Vietcombank, BIDV, Agribank , Vietinbank) also simultaneously listed the selling price of SJC gold at 84 million VND/ounce. These banks profit 1 million VND/ounce when buying gold from the State Bank of Vietnam, so this morning, the State Bank of Vietnam's selling price of gold was 83 million VND/ounce.

Gold price Gold prices also increased by approximately 500,000 - 700,000 VND per tael, depending on the brand.

Saigon Jewelry Company lists prices. gold rings Gold prices ranged from 80.5 to 83 million VND per tael, an increase of 700,000 VND per tael in both buying and selling prices compared to earlier this morning.

This morning, the price of gold rings increased more sharply than SJC gold bars (photo: Nhu Y).

Doji Group is listed on the stock exchange. gold ring price 81.7 - 83 million VND/ounce, Bao Tin Minh Chau 81.48 - 83.18 million VND/ounce.

At the same time, the price of gold... world Gold prices continued to rise to $2,590 per ounce. Currently, the world gold price is equivalent to approximately 80 million VND per tael, excluding taxes and fees.

According to experts, the adjustment of gold prices Gold prices typically follow a cyclical pattern, fluctuating up and down like a sine wave. Towards the end of the year, around December, gold prices usually peak due to high demand for gold for weddings. domestic and the world is growing.

Economist Nguyen Tri Hieu believes that gold prices are volatile, but since the beginning of the year, gold rings have brought profits to investors. investors Over 30%, so we can consider taking profits. If you choose to invest in gold at this time, you must be very careful because the price of gold remains very unpredictable.

Source: https://baoquangninh.vn/gia-vang-bat-ngo-tang-manh-3330136.html