(NLDO) - SJC Company listed the price of 99.99 gold ring at 85 million VND/tael for buying and 86.5 million VND/tael for selling.
On the morning of November 23, the price of SJC gold bars was listed by SJC Gold Company at 85 million VND/tael for buying and 87 million VND/tael for selling, an increase of 300,000 VND per tael compared to yesterday morning.
The price of gold rings and jewelry of all kinds also continued to increase to a new high. SJC Company listed the price of 99.99 gold rings at 85 million VND/tael for buying and 86.5 million VND/tael for selling, an increase of 400,000 VND/tael compared to yesterday.
PNJ Company bought 99.99 gold rings for up to 85.5 million VND/tael, narrowing the difference with the selling price of just over 1 million VND/tael when the selling transaction was 86.8 million VND/tael.
DOJI Group sells gold rings for 86.6 million VND/tael, Bao Tin Minh Chau sells for 86.5 million VND/tael. The price of gold rings varies between businesses.
Gold continues to rise
The increase in domestic gold prices followed the same trend as the world gold price today, closing the weekend at 2,716 USD/ounce, a sharp increase of 50 USD compared to the lowest price in last night's trading session of 2,666 USD/ounce.
According to analysts, the world gold price has increased sharply because the demand for safe havens has surpassed the strength of the USD, when in recent days the US granted Ukraine permission to fire missiles at Russia.
Alex Ebkarian - CEO at Allegiance Gold - commented that the escalation in the Russia-Ukraine conflict has boosted the appeal of gold as a safe haven in the short term.
On the other hand, policy changes and future inflation risks from US President-elect Donald Trump's proposed high tax rates also increase demand for holding precious metals.
Source: https://nld.com.vn/gia-vang-mieng-sjc-vang-nhan-dong-loat-tang-tiep-196241123093322594.htm
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