Gold rings continue to fall in price

This morning (August 8), the price of round gold rings was at 75.9 - 77.3 million VND/tael, down 200,000 VND/tael compared to yesterday. The decline in round gold ring prices came from the decrease in world gold prices.

Saigon Jewelry Company listed gold price Plain round ring 75.9 - 77.3 million VND/tael, reduced 150,000 VND/tael both ways buy - sell compared to the end of trading session on August 7.

Doji Group also decreased plain round gold ring price 250,000 VND/tael, down to 76.05 - 77.25 million VND/tael.

Bao Tin Minh Chau listed gold ring price 76.08 - 77.28 million VND/tael, down 200,000 VND/tael for both buying and selling compared to before.

The decline in the price of plain round gold rings comes from the continuous decrease in world gold prices (losing the 2,400 USD/ounce mark).

The difference between buying and selling prices of plain round gold rings is from 1.2 - 1.4 million VND/tael (depending on the brand).

The price of plain round gold rings is at 75.9 - 77.3 million VND/tael. Photo: BTMC.

Price SJC gold bars Gold companies listed 77-79 million VND/tael for buying and selling. At 4 bank State-owned, SJC gold bar selling price is 79 million VND/tael.

At the same time, world gold price at 2,385 USD/ounce. World gold price is equivalent to 73 million VND/tael excluding taxes and fees.

In the currency market, on August 8, the State Bank listed the central exchange rate at 24,250 VND/USD, an increase of 10 VND/USD compared to yesterday.

At commercial banks, USD exchange rate around 25,000 - 25,340 VND/USD, up 20 VND/USD.

Source: https://baoquangninh.vn/vang-nhan-tiep-tuc-giam-gia-3312850.html