(NLDO) - The sharp increase in gold prices tonight on the international market has pushed the price of gold rings to continue to rise.
At 5:00 p.m. on December 9, the world gold price continued to skyrocket to 2,655 USD/ounce, an increase of 10 USD/ounce compared to the morning and a total increase of about 25 USD/ounce compared to the closing price at the end of the week.
Gold prices rose strongly today amid the decline of the USD in the international market. The USD index is currently down to 105.5 points, down 0.47% compared to the previous session. However, according to analysts, gold prices have not yet broken out of the 2,700 USD/ounce range after the downward adjustment at the end of November due to many factors affecting bonds.
Specifically, the latest data on the US employment report for November showed that the number of new jobs created in the month reached 227,000, higher than the previous forecast, reflecting the positive economic situation in the US. This may contribute to the US Federal Reserve (FED) considering the level of reduction of the base interest rate at this December policy meeting.
Gold ring price continues to increase at the end of the day
On the other hand, the interest rate cut roadmap of central banks in European countries and the increased demand for physical gold at the end of the year in Asian countries such as China and India will support the gold price to continue to increase.
The world gold price continued to increase at the end of the day, pushing up the domestic gold price. The price of 99.99 gold rings and various types of jewelry gold listed by DOJI and Mi Hong Groups was VND83.5 million/tael for buying and VND84.5 million/tael for selling, an increase of VND200,000 compared to the morning and a total increase of VND400,000 in one day.
Some other businesses such as SJC and PNJ maintain the price of plain gold rings at a high level, around 83.2 million VND/tael for buying and 84.2 million VND/tael for selling.
Meanwhile, the price of SJC gold bars was kept unchanged by businesses such as SJC Company, PNJ, DOJI, and Bao Tin Minh Chau at VND82.7 million/tael for buying and VND85.2 million/tael for selling. The price of gold bars stagnated amid the continued increase in world prices and plain gold rings.
Currently, the world gold price converted according to the listed exchange rate is about 81.5 million VND/tael.
World gold prices skyrocketed at the end of the day
Price fluctuations of SJC gold bars in recent days
Source: https://nld.com.vn/toi-9-12-gia-the-gioi-tang-vot-vang-mieng-sjc-bien-dong-bat-ngo-196241209174405008.htm
Comment (0)