9999 gold ring price stays at peak despite world gold cooling down

After continuously setting new peaks during the week, the world gold price turned down due to profit-taking pressure from investors. However, the domestic gold price on the morning of the weekend of September 28 remained stable, in which the price of 9999 gold rings was still anchored at the peak price by businesses.

At 10:00 a.m., Bao Tin Minh Chau Company still listed the price of 9999 gold rings at VND82.54 million/tael for buying and VND83.44 million/tael for selling. PNJ Company quoted the price at VND82.5 million/tael for buying and VND83.3 million/tael for selling. SJC Company still traded at the peak price of this business this morning, at VND81.5 million/tael for buying and VND83 million/tael for selling.

The above prices are the highest prices of 9999 gold ring prices.

This morning, SJC gold bar price was still listed by SJC Company, PNJ, and Doji Group at 81.5 million VND/tael for buying and 83.5 million VND/tael for selling - unchanged from the previous day.

In the world gold market, the price of gold closed the weekend session in New York at 2,657.9 USD/ounce, down 15.6 USD compared to the previous session. This price after conversion is equivalent to 79.3 million VND/tael, lower than SJC gold by about 4.2 million VND/tael and lower than 9999 gold rings by about 4.14 million VND/tael.

Gold prices fell for the third consecutive week, but have continued to record highs in the first four trading sessions of this week, thanks to growing expectations for another strong US interest rate cut this year. The precious metal is also heading for its best quarter after breaking records several times in the past three months. The highest peak of gold prices was at $2,685.42 per ounce recorded on Thursday.

Nhung Nguyen

Source: https://www.sggp.org.vn/gia-vang-nhan-9999-neo-o-dinh-cao-bat-chap-vang-the-gioi-ha-nhiet-post761135.html