On December 3, the price of gold rings of all brands was adjusted upward.

Saigon Jewelry Company (SJC) today adjusted the price of gold rings to increase many times.

Accordingly, at the beginning of today's trading session, SJC Company raised the price of 1-5 chi gold rings to 82.5-84.2 million VND/tael (buy - sell), an increase of 200,000 VND/tael in both buying and selling compared to the end of yesterday's trading session.

This afternoon, SJC Company adjusted the buying price of gold rings of types 1-5 twice, each time increasing by 100,000 VND/tael, closing at 82.7 million VND/tael. Meanwhile, the selling price remained at the listed price in the morning, 84.2 million VND/tael.

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Gold ring price reverses to increase. Photo: Tam An

Thus, today, the price of gold rings at SJC was adjusted to increase by a total of 400,000 VND/tael in buying and 200,000 VND/tael more expensive in selling compared to the closing price yesterday.

Doji Gold and Gemstone Group adjusted the price of 9999 gold rings twice, in the early morning and late afternoon, each time increasing by 200,000 VND/tael.

In total today, the price of gold rings at Doji was adjusted up 400,000 VND/tael in both buying directions compared to yesterday's closing price, ending the session at 83.3-84.3 million VND/tael (buy - sell).

Similarly, Phu Nhuan Jewelry Company (PNJ) today also raised the price of gold rings to 83.1-84.3 million VND/tael (buy - sell), an increase of 200,000 VND per tael in both buying and selling compared to yesterday's closing price.

Bao Tin Minh Chau Company also increased the buying and selling prices for Thang Long gold dragon round rings.

The closing price of Thang Long Dragon Gold Ring on December 3 was listed at 83.28-84.38 million VND/tael, an increase of 200,000 VND in buying and 100,000 VND more expensive in selling compared to yesterday's closing price.

         

Buy (VND/tael) Sell (VND/tael)
SJC 82,700,000 84,200,000
Doji 83,300,000 84,300,000
PNJ 83,100,000 84,300,000
Thang Long Dragon Gold 83,280,000 84,380,000

Domestic gold ring price list closing session 12/3

Following the same trend, the price of SJC gold bars today was adjusted up by 200,000 VND/tael in both buying and selling compared to yesterday's closing price, closing at 83-85.5 million VND/tael (buying - selling).

In the international market, gold prices fluctuated within a narrow range. At 6:21 p.m. on December 3, the spot gold price was at 2,644.6 USD/ounce, equivalent to more than 82 million VND/tael when converted at the current USD/VND exchange rate.

Gold prices are still under pressure from the strong US dollar. The strengthening of the US dollar is believed to be due to increasing expectations that the US Federal Reserve (Fed) will keep interest rates unchanged at its upcoming meeting.