Each ounce of gold increased by more than one million dong.

The price of gold rings increased by more than one million dong per tael this afternoon, exceeding 91 million dong in some places.

On the afternoon of February 10th, jewelry stores simultaneously increased the buying and selling prices of gold sharply, amidst the precious metal reaching new highs in the international market.

For plain rings, Saigon Jewelry Company (SJC) increased the buying price by 1.1 million VND and the selling price by 800,000 VND, reaching 87.9 million and 90.6 million VND respectively. Prices for plain rings at DOJI Gold and Jewelry Group and Phu Nhuan Jewelry Company (PNJ) both reached 88.3 - 91.1 million VND. Bao Tin Minh Chau bought and sold plain rings at 88.85 - 91.25 million VND.

Gold price   Gold prices also rose sharply this afternoon. SJC listed prices around 88.3 - 91.3 million VND, up 1.5 million VND for buying and 1 million VND for selling compared to the end of last week. Meanwhile, DOJI announced buying and selling prices of 87.5 - 90.5 million VND.

Recently, in addition to SJC and the four state-owned banks entrusted by the State Bank of Vietnam to sell gold bars, several major domestic brands such as Mi Hong, DOJI, PNJ, etc., have also returned to supplying gold bars to the market.

At 3 PM this afternoon (Hanoi time), the world gold price set a new record of nearly $2,900 per ounce. Converted using the Vietcombank selling exchange rate, the current international gold price is equivalent to 89.4 million VND per tael. Currently, the difference between domestic and world gold prices is around 2 million VND per tael, 1-1.5 million VND lower than on the day of the God of Wealth festival.

In its 2025 gold price outlook report published late last year, the World Gold Council (WGC) assessed that the precious metal still has the potential to rise if central bank demand is stronger than expected or if financial conditions worsen, driving up safe-haven demand. However, this year's increase may be slower than last year, with the challenge being a slower-than-expected reduction in interest rates.

Source: https://baoquangninh.vn/moi-luong-vang-tang-hon-mot-trieu-dong-3343301.html