Phu Nhuan Jewelry Joint Stock Company (PNJ) today sharply increased the price of gold rings . Gold rings at PNJ were traded at 73.4-75.1 million VND/tael (buy - sell) during the session, 600 thousand VND/tael more expensive in the buying direction and 500 thousand VND/tael more expensive in the selling direction compared to yesterday's closing price.

Similarly, Saigon Jewelry Company (SJC) listed the price of 1-5 chi gold rings in Ho Chi Minh City today at 73.35-74.95 million VND/tael (buy - sell), 450 thousand VND/tael more expensive in both directions compared to yesterday's closing price.

Late this afternoon, Doji Gold and Gemstone Group raised the price of 9999 round smooth gold rings to 74.25-75.5 million VND/tael. Compared to yesterday's closing price, the price of gold rings at Doji today increased by 200,000 VND/tael for buying and 250,000 VND/tael for selling.

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Gold ring prices increase sharply. Photo: Chi Hieu

Bao Tin Minh Chau Company today increased the price of Thang Long gold rings by 300 thousand VND/tael in both directions compared to yesterday's closing price, trading at 74.18-75.48 million VND/tael (buy - sell).

The difference between the buying and selling price of gold rings of brands fluctuates between 1.25-1.7 million VND per tael.

Meanwhile, the price of SJC gold bars has remained "unmoving" for many days.

On June 15, major gold companies such as SJC, Doji, and PNJ listed the price of SJC gold bars at 74.98-76.98 million VND/tael (buy - sell). This is the 7th consecutive session that SJC gold bars have been kept unchanged in transaction prices by companies.

In the world market , after a series of gloomy days, gold prices increased sharply at the end of the week. The increase in gold prices was supported by falling US bond interest rates and cash flow shifting into precious metals.

This week, the world gold price recorded its first weekly increase after 4 consecutive weeks of decline. At the end of this week, the spot gold price was at 2,332.8 USD/ounce.

Converted at the current exchange rate at Vietcombank , world gold costs more than 71.6 million VND/tael (excluding taxes and fees).

Thus, compared to the world gold price, each tael of SJC gold bar is 5.38 million VND/tael more expensive, while the price of SJC gold rings is 3.35 million VND/tael more expensive.

Gold price today June 15, 2024: The world suddenly increased, SJC continued to move sideways . Gold price today June 15, 2024 on the world market reversed and increased due to the previous plunge due to information that China stopped buying gold reserves. SJC gold bar price continued to sell at 76.98 million VND/tael, unchanged for 7 consecutive days.