Domestic gold ring prices today at some brands have been adjusted down in the context of cooling world gold prices.

Specifically, early this morning, Doji Gold and Gemstone Group kept the price of 9999 gold rings at the closing price of yesterday's trading session, buying and selling in the price range of 88-89 million VND/tael.

But by noon today, Doji reduced the price of gold rings by 100,000 VND per tael in both buying and selling compared to early this morning, to 87.9-88.9 million VND/tael (buying - selling).

gold brand a 1805.jpg
Gold ring price loses 89 million VND mark. Photo: Chi Hieu

Thus, the domestic gold ring price has officially lost the record mark of 89 million VND/tael (selling price) set 2 days ago.

Similarly, Bao Tin Minh Chau Company today also lowered the buying price for Thang Long dragon gold rings.

Accordingly, the buying price of Thang Long gold rings and dragon gold is listed at 87.88 million VND/tael this afternoon, down 100 thousand VND compared to yesterday's closing price. The selling price of Thang Long gold rings and dragon gold is still maintained at 88.98 million VND/tael from yesterday.

Meanwhile, the gold ring prices of some other brands today remained unchanged.

Phu Nhuan Jewelry Company (PNJ) still kept the price of gold rings at the closing price of 2 days ago, trading at the price range of 87.6-88.9 million VND/tael (buy - sell).

Buy Sell
SJC 87,000,000 VND/tael 88,500,000 VND/tael
Doji 87,900,000 VND/tael 88,900,000 VND/tael
PNJ 87,600,000 VND/tael 88,900,000 VND/tael
Thang Long Dragon Gold 87,880,000 VND/tael 88,980,000 VND/tael

Domestic gold ring price list updated on the afternoon of October 25

Saigon Jewelry Company (SJC) today also maintained the closing price of the previous two days, buying and selling gold rings of type 1-5 at only 87-88.5 million VND/tael.

Following the same trend, the price of SJC gold bars today also remained stable at 87-89 million VND/tael (buy - sell).

It can be seen that the selling price of gold rings at brands is currently 20-500 thousand VND/tael lower than the price of SJC gold bars.

The buying price of gold rings and gold bars at SJC is currently the same. Meanwhile, other businesses are listing the buying price of gold rings higher than the buying price of SJC gold bars by 600-900 thousand VND per tael.

Traveling all over Hanoi, I couldn't even buy 1 tael of gold ring to celebrate a wedding . At stores like Bao Tin Minh Chau, Doji, PNJ, Bao Tin Manh Hai,... all announced that they were not selling gold rings. However, buyers still waited from early morning to late at night, even though some stores required reservations 20 days in advance.