Breaking the old record, the price of gold rings is the most expensive in history, exceeding 61.6 million VND/tael

Specifically, at 2:30 p.m., the price of gold rings was listed by Doji Group at 60.5 - 61.65 million VND/tael (buy - sell), an increase of 300,000 VND/tael compared to noon and 500,000 VND/tael compared to early this morning.

Similarly, the price of gold rings listed by SJC is 60.3 - 61.4 million VND/tael (buy - sell), an increase of 400,000 VND/tael compared to early this morning.

Thus, the price of gold rings has set a new price record when reaching 61.65 million VND/tael.

Recently, the price of gold rings has been increasing rapidly. On November 8, the price of this product reached a historical high when it exceeded 60 million VND/tael. After that, this record has been continuously broken until now. Compared to the beginning of the year, the price of gold rings has increased by nearly 7.2 million VND/tael.

Gold ring price sets new record. (Illustration photo: VNN).

Not only the price of gold rings, the price of gold bars this afternoon continues to increase.

Specifically, the gold price at Doji is listed at 71.2 - 72.3 million VND/tael (buy - sell), an increase of 300,000 VND/tael (buy) and 400,000 VND/tael (sell) compared to early this morning, an increase of 100,000 VND/tael in both directions compared to this afternoon.

Similarly, the gold price at SJC was listed at 71.3 - 72.3 million VND/tael (buy - sell), an increase of 400,000 VND/tael in both directions compared to early this morning and 200,000 VND/tael compared to this afternoon.

Faced with the sharp increase in gold prices, many experts say that investors often pay little attention when gold prices fall sharply, but pay close attention when gold prices rise sharply, or even buy to make a profit.

However, investors need to be cautious because the current price of SJC gold is much higher than that of gold rings, jewelry gold and world gold.

Therefore, buyers should consider carefully if buying SJC gold at this time, to avoid the case of gold price reversing to decrease to narrow the amplitude with world price. As for 24K gold rings of all kinds, the fluctuations are closer to world price, so if buying, you can prioritize 24K gold rings and jewelry gold.

Ngoc Vy

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