Gold ring price increases continuously

At the end of the morning trading session on September 20, the price of round gold rings continued to set a new peak when it increased by 500,000 VND/tael compared to the beginning of the morning, reaching 79.7 million VND/tael. SJC gold bars also increased by 200,000 VND/tael, reaching 82 million VND/tael.

At 11:05 a.m. on September 20, Saigon Jewelry Company raised gold price Round rings increased by 500,000 VND/tael compared to early morning, up to 78.4 - 79.7 million VND/tael buy - sell

Gold price Round ring by the Company Bao Tin Minh Chau listed at 78.58 - 79.68 million VND/tael, an increase of 500,000 VND/tael for both buying and selling compared to early this morning. Phu Quy Company also adjusted the listed price of round gold rings to 78.6 - 79.7 million VND/tael, an increase of 400,000 VND/tael.

Gold price The price of round rings in recent days has been approaching the 80 million VND/tael mark, the highest level in history. Although continuously setting new peaks, the amount of round gold rings sold by some businesses is "drop by drop".

The price of round gold rings continues to set a new peak, reaching 79.7 million VND/tael. Photo: QN.

The increase in round ring gold comes from the world gold price continuously reaching records. The increase in round ring gold price helps narrow the gap with SJC gold bar price. Round ring gold price is currently only 2.3 million VND/tael lower than SJC gold bar.

SJC gold bar price The price was also adjusted by the enterprise to increase by 200,000 VND/tael, to 80 - 82 million VND/tael for buying and selling.

At the same time, world gold price up to 2,592 USD/ounce. Converted at the current exchange rate, the world gold price is about 76.7 million VND/tael, excluding taxes and fees.

The world gold price has increased sharply, approaching the threshold of 2,600 USD/ounce after the US Federal Reserve reduced interest rates by 0.5% and showed signs of continuing to reduce interest rates. Increasing geopolitical tensions in many regions have also caused investors to seek gold as a safe haven asset, causing gold prices to increase again in recent days.

Source: https://baoquangninh.vn/gia-vang-nhan-tang-khong-ngung-3320031.html