In recent sessions, the price of 9999 round smooth gold rings on the market has been continuously adjusted to increase. In one trading session, there are businesses that adjust the price of this item 4 to 5 times higher.
At 6:00 a.m. this morning (October 23), the price of 9999 Hung Thinh Vuong round gold rings at DOJI was listed at 86.8-87.8 million VND/tael (buy - sell); an increase of 800,000 VND/tael for both buying and selling compared to the beginning of the trading session on October 22.
At the same time, Bao Tin Minh Chau listed the price of gold rings at 86.28-87.78 million VND/tael (buy - sell); an increase of 300,000 VND/tael for buying and an increase of 800,000 VND/tael for selling compared to the beginning of the trading session on October 22.
At the time of writing (2:00 p.m. on October 23), DOJI adjusted the price of Hung Thinh Vuong 9999 round gold rings to 88-88.9 million VND/tael (buy - sell), an increase of 1.2 million VND/tael for buying and 1.1 million VND/tael for selling compared to the beginning of the trading session.
Similarly, Bao Tin Minh Chau also adjusted the price of round smooth gold up to 87.48-88.98 million VND/tael (buy - sell); an increase of 1.2 million VND/tael for both buying and selling compared to the beginning of the trading session.
In the past week alone, the price of plain round gold rings has increased by nearly 5 million VND/tael. If we count the past month, this item has been adjusted to increase by 8.5 million VND/tael.
Subtracting the difference between buying and selling prices listed by trading units, the profit after one week of buying plain gold rings at DOJI and Bao Tin Minh Chau is 4.15 million VND and 3.65 million VND/tael, respectively.
Meanwhile, the profit after one month of buying plain gold rings at DOJI and Bao Tin Minh Chau is much higher, respectively 6.8 million VND and 6.3 million VND/tael. In fact, this profit is very high because in normal cases, short-term gold investment is quite difficult to make a profit.
In recent sessions, while SJC gold bars have been unpredictable, the price of plain gold rings has often fluctuated in the same direction as the world market. Investors can refer to the world market and expert opinions before making investment decisions.
