Gold ring price increases continuously, breaking the peak of 87 million VND/tael

Over the past three months, the price of 9999 plain round gold rings has been adjusted up by units to 9 million VND/tael. Just in yesterday's trading session (October 21), the price of plain gold rings was continuously adjusted up by business units.

Early this morning, the price of 9999 Hung Thinh Vuong round gold rings at DOJI was listed at 84.7 - 85.7 million VND/tael (buy - sell). Bao Tin Minh Chau listed the price of plain round rings at 84.68 - 85.68 million VND/tael.

At 12:00 on October 21, the price of Hung Thinh Vuong 9999 round gold rings at DOJI was listed at 85.65 - 86.65 million VND/tael (buy - sell); an increase of 950,000 VND/tael for both buying and selling. Bao Tin Minh Chau listed the price of gold rings at 85.48 - 86.48 million VND/tael (buy - sell), an increase of 800,000 VND/tael for both buying and selling.

It is worth noting that this increase has not stopped yet. In the afternoon of the same day, the price of gold rings continued to be adjusted up sharply by business units. At the end of the trading session, gold rings for the first time in history reached the threshold of 87 million VND/tael.

Early this morning (October 22, 2024), the price of 9999 Hung Thinh Vuong round gold rings at DOJI was listed at 86 - 87 million VND/tael (buy - sell). Bao Tin Minh Chau listed the price of gold rings at 85.98 - 86.98 million VND/tael (buy - sell).

This is the highest price ever for gold rings. 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.

Gold prices are currently seeing a fairly positive short-term outlook from experts. Sixteen analysts participated in the Kitco News gold survey. Notably, 15 of the 16 experts believe that gold prices will rise higher this week. Only one investor is neutral on the short-term outlook for gold. No one predicts that the precious metal will fall in the short-term.