Gold rings skyrocket, far surpassing gold bars

Báo Công thươngBáo Công thương21/12/2024

Gold price this afternoon December 21, 2024: In the same direction as world gold, domestic ring gold price increased sharply as soon as it opened on the morning of December 21 and far exceeded SJC gold price.


At the time of survey at 1:00 p.m. on December 21, 2024, the price of gold bars on the trading floors of some companies continued to move sideways.

The price of SJC gold was listed by Saigon Jewelry Company (SJC) at 81.8-83.8 million VND/tael, unchanged in both directions compared to the previous session. The difference between buying and selling was 2 million VND.

DOJI listed the price of 9999 gold today at 82.4 million VND/tael and sold at 84.4 million VND/tael, an increase of 600 thousand VND/tael in both buying and selling compared to the previous session.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 84-85 million VND/tael for buying and selling. Compared to yesterday, the price of SJC gold bars also increased by 700,000 VND/tael for buying and 1.2 million VND/tael for selling.

Bao Tin Minh Chau listed the price of SJC gold at 82.4-84.4 million VND/tael (buy - sell). The difference between the buying and selling price of SJC gold at Bao Tin Minh Chau is 2 million VND/tael.

Currently, the difference between buying and selling gold prices is listed at around 2.5 million VND/tael. Experts say this difference is still very high. The difference between buying and selling prices is a factor that investors need to consider when participating in the gold market. It directly affects the ability to make a profit, especially in the short term.

Giá vàng chiều nay 21/12/2024
Gold price this afternoon December 21, 2024. Photo PC

The price of gold rings today skyrocketed, far exceeding the price of gold bars. Specifically, the price of SJC 9999 gold rings was bought at 81.8 million VND/tael, sold at 83.6 million VND/tael, remaining unchanged in both buying and selling compared to the previous session.

The price of Hung Thinh Vuong 9999 round gold ring at DOJI is listed at 82.9-84.4 million VND/tael (buy - sell); an increase of 350,000 VND/tael for buying and 850,000 VND/tael for selling compared to early this morning.

Bao Tin Minh Chau listed the price of gold rings at 82.7-84.4 million VND/tael (buy - sell), an increase of 100,000 VND/tael for buying and 800,000 VND/tael for selling compared to early this morning.

1. DOJI - Updated: 12/21/2024 09:21 - Source website time - / Compared to yesterday.
Type Buy Sell
AVPL/SJC HN 82,400 ▲600K 84,400 ▲600K
AVPL/SJC HCM 82,400 ▲600K 84,400 ▲600K
AVPL/SJC DN 82,400 ▲600K 84,400 ▲600K
Raw material 9999 - HN 82,800 ▲150K 83,500 ▲650K
Raw material 999 - HN 82,700 ▲150K 83,400 ▲650K
AVPL/SJC Can Tho 82,400 ▲600K 84,400 ▲600K
2. PNJ - Updated: December 21, 2024 1:30 PM - Source website time - / Compared to yesterday.
Type Buy Sell
HCMC - PNJ 83,400 ▲600K 84,400 ▲650K
HCMC - SJC 82,400 ▲600K 84,400 ▲600K
Hanoi - PNJ 83,400 ▲600K 84,400 ▲650K
Hanoi - SJC 82,400 ▲600K 84,400 ▲600K
Da Nang - PNJ 83,400 ▲600K 84,400 ▲650K
Da Nang - SJC 82,400 ▲600K 84,400 ▲600K
Western Region - PNJ 83,400 ▲600K 84,400 ▲650K
Western Region - SJC 82,400 ▲600K 84,400 ▲600K
Jewelry gold price - PNJ 83,400 ▲600K 84,400 ▲650K
Jewelry gold price - SJC 82,400 ▲600K 84,400 ▲600K
Jewelry gold price - Southeast PNJ 83,400 ▲600K
Jewelry gold price - SJC 82,400 ▲600K 84,400 ▲600K
Jewelry gold price - Jewelry gold price PNJ 999.9 Plain Ring 83,400 ▲600K
Jewelry gold price - Jewelry gold 999.9 83,400 ▲700K 84,200 ▲700K
Jewelry gold price - Jewelry gold 999 83,320 ▲700K 84,120 ▲700K
Jewelry gold price - Jewelry gold 99 82,460 ▲690K 83,460 ▲690K
Jewelry gold price - 916 gold (22K) 76,230 ▲640K 77,230 ▲640K
Jewelry gold price - 750 gold (18K) 61,900 ▲520K 63,300 ▲520K
Jewelry gold price - 680 gold (16.3K) 56,010 ▲480K 57,410 ▲480K
Jewelry gold price - 650 gold (15.6K) 53,480 ▲450K 54,880 ▲450K
Jewelry gold price - 610 gold (14.6K) 50,110 ▲420K 51,510 ▲420K
Jewelry gold price - 585 gold (14K) 48,010 ▲410K 49,410 ▲410K
Jewelry gold price - 416 gold (10K) 33,780 ▲290K 35,180 ▲290K
Jewelry gold price - 375 gold (9K) 30,330 ▲270K 31,730 ▲270K
Jewelry gold price - 333 gold (8K) 26,540 ▲230K 27,940 ▲230K
3. AJC - Updated: 2024-12-20 00:00 - Source website time - / Compared to yesterday.
Type Buy Sell
Jewelry 99.99 8,160 8,370
99.9 Jewelry 8,150 8,360
NL 99.99 8,170
Round ring not sealed in blister T.Binh 8,150
Round, 3A, Yellow T.Bình 8,250 8,380
Round, 3A, Yellow N.An 8,250 8,380
Round, 3A, Yellow Street, Hanoi 8,250 8,380
SJC Thai Binh pieces 8,180 8,380
SJC Nghe An pieces 8,180 8,380
SJC Hanoi Piece 8,180 8,380

As of 12:00 on December 21 (Vietnam time), the world gold price increased by 27.6 USD compared to the previous session to 2,622.4 USD/ounce. The world gold price rebounded thanks to the support of the weakening USD and the decrease in Treasury bond yields after the newly released US economic data showed that inflation is slowing down.

Specifically, the US Commerce Department just reported that the core personal consumption expenditures (PCE) index, which excludes volatile goods and energy prices and is the Federal Reserve's preferred inflation measure, increased 0.1% last month compared to October's 0.3% increase. The data was slightly weaker than expected, as economists had forecast a 0.2% increase. Over the past 12 months, inflation increased 2.8%, unchanged from October's figure. Annual inflation was also slightly lower than expected, as economists had predicted a 2.9% increase.

Weaker inflation data is providing a boost to gold as prices have held key support levels despite significant headwinds.

However, some analysts continue to call for caution in the market as inflation remains high, forcing the Federal Reserve to slow the pace of interest rate cuts into 2025.

Reference addresses of popular gold shops in Hanoi:

1. Bao Tin Minh Chau - 15 - 29 Tran Nhan Tong, Bui Thi Xuan, Hai Ba Trung, Hanoi

2. DOJI Gold and Gemstone Company - 5 Le Duan, Dien Bien, Ba Dinh, Hanoi

3. SJC store chain in the Northern region - 18 Tran Nhan Tong, Nguyen Du Ward, Hai Ba Trung District, Hanoi City

4. PNJ store chain in the Northern region - 222 Tran Duy Hung, Trung Hoa, Cau Giay, Hanoi

5. Phu Quy Gold and Silver - No. 30 Tran Nhan Tong, Hai Ba Trung, Hanoi

6. Ngoc Anh Gold and Silver – No. 47 Lo Duc, Pham Dinh Ho, Hai Ba Trung, Hanoi

7. Gold Quy Tung – No. 102 Khuong Dinh, Thanh Xuan, Hanoi

8. Bao Tin Lan Vy - No. 84A, Tran Duy Hung, Cau Giay, Hanoi

9. Hoang Anh Gold and Silver – No. 43 Thai Thinh, Dong Da, Hanoi

10. Huy Thanh Jewelry - No. 23/100 (old number: No. 30A, lane 8), Doi Can, Ba Dinh, Hanoi

Reference addresses of popular gold shops in Ho Chi Minh City:

1. Mi Hong Gold Shop - 306 Bui Huu Nghia, Ward 2, Binh Thanh District, HCMC

2. Kim Ngoc Thuy Gold Shop - 466 Hai Ba Trung, Tan Dinh Ward, District 1, HCMC

3. Saigon Jewelry Company Limited - 418-420 Nguyen Thi Minh Khai, Ward 5, District 3, HCMC

4. Tan Tien Jewelry - No. 161 Hanoi Highway, Thao Dien Ward, District 2, HCMC

5. Ngoc Tham Gold, Silver, Gemstones - No. 161 Hanoi Highway, Thao Dien Ward, District 2, HCMC

6. Kim Thanh Thao Gold Shop - 209 Tan Huong, Tan Quy Ward, Tan Phu District, HCMC

7. Kim Thanh Nam Gold Shop - 81A, Nguyen Duy Trinh, Binh Trung Tay Ward, District 2, HCMC

8. Kim Mai Gold Shop - 84C, Cong Quynh, Pham Ngu Lao Ward, District 1, HCMC

9. PNJ chain stores in the Southern region - Booth R011838, Ground floor, Diamond Plaza Shopping Center, 34 Le Duan, Ben Nghe Ward, District 1, HCMC

10. DOJI Gold and Gemstone Company – 81-85 Ham Nghi, Nguyen Thai Binh Ward, District 1, HCMC



Source: https://congthuong.vn/gia-vang-chieu-nay-21122024-vang-nhan-tang-vot-vuot-xa-vang-mieng-365419.html

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