Gold Ring Price of brands today continued to decline sharply from last week's session, with the highest decrease of more than half a million VND per tael.
At 12:01' on March 18, Bao Tin Minh Chau listed the price of Thang Long dragon gold plain round gold ring at 3-67,67 million VND/tael (buy - sell), down 68,87 thousand VND/tael. The volume on both the buying side and reduced by 460 thousand VND/tael on the selling side compared to the end of last week's trading session.
Similarly, the price of gold rings at DOJI Jewelry Group decreased sharply, losing the mark of 69 million VND/tael.
This afternoon, DOJI listed the price of 9999 plain round gold ring at 67,7-68,9 million VND/tael, down 400 VND/tael and down 500 VND/tael on the selling side compared to the closing session of the weekend. via.
The price of gold rings of Saigon Jewelry Company Limited (SJC) also decreased rapidly.
SJC's 9999 gold ring price of 1-5 threads was listed in Ho Chi Minh City at 10:24 a.m. at 67,25-68,45 million VND/tael (buy - sell), down 350 thousand VND/tael for both. afternoon compared to the closing session last weekend.
With the same trend, the price of gold rings of Phu Nhuan Jewelry Joint Stock Company (PNJ) also went down. PNJ's gold rings in Ho Chi Minh City this afternoon were bought and sold at a price of 67,3-68,5 million VND/tael, down 400 thousand VND/tael in both buying and selling compared to last week's end.
The difference between the buying and selling prices of gold rings is currently at 1,2 million VND per tael.
Not just gold rings gold bar price also plummeted.
This morning, the price of SJC gold bars decreased by 200 VND/tael on the buying side and up to 700 VND/tael on the selling side compared to last week's results, listed at 10:24' at a price of 79-81 million VND/tael ( purchase).
DOJI also lowered the price of gold bars by 500 VND/tael in both buying and selling directions compared to the closing session last weekend, listing at 11:24' at a price of 78,9-80,9 million VND/tael.
World gold price also went down ahead of the US Federal Reserve (Fed) meeting to be held this week. At 12:59' on March 18 (Vietnam time), the world spot gold price was at 3 USD/ounce, down 2.146,4 USD/ounce compared to last week's end.
Converted at the current exchange rate at Vietcombank, world gold is currently priced at more than 64,4 million VND/tael (excluding taxes and fees).
Thus, compared to the world gold price, the price of SJC gold bars is 16,62 million VND/tael higher and the price of SJC gold rings is 4,05 million VND/tael more expensive.
