Gold ring price increases, profit of 14.52 million VND/tael after 7 months

Seven months ago (August 13, 2024), the price of Hung Thinh Vuong 9999 round gold rings at DOJI Gold and Gemstone Group was listed at 76.65-77.90 million VND/tael (buy in - sell out).

Bao Tin Minh Chau listed the price of gold rings at 76.68-77.88 million VND/tael (buy in - sell out).

Saigon Jewelry Company listed the price of gold rings at 76.6-77.9 million VND/tael (buy in - sell out).

Today (March 12, 2025), the price of Hung Thinh Vuong 9999 round gold rings at DOJI is listed at VND92.4-93.8 million/tael (buy in - sell out).

Bao Tin Minh Chau listed the price of gold rings at 92.4-93.9 million VND/tael (buy in - sell out).

Saigon Jewelry Company listed the price of gold rings at 91.6-93.3 million VND/tael (buy in - sell out).

In the past 7 months, the price of 9999 round gold rings at large units such as DOJI, Bao Tin Minh Chau and SJC has increased significantly. On the buying side, the increase ranges from 15 million to 15.75 million VND/tael, of which DOJI recorded the highest increase.

In the selling direction, the increase ranges from 15.4 million to 16.02 million VND/tael, with Bao Tin Minh Chau being the unit with the strongest increase. This shows a strong upward trend in gold ring prices, reflecting high demand in the market.

After 7 months, the price of 9999 round gold rings recorded a strong increase, helping previous buyers earn a significant profit.

If buying gold rings on August 13, 2024 and selling today (March 12, 2025), investors can make a profit of 13.7 million to 14.52 million VND/tael, depending on the gold trading unit.

The highest interest rate belongs to Bao Tin Minh Chau with 14.52 million VND/tael, followed by DOJI with 14.5 million VND/tael, while SJC is slightly lower at 13.7 million VND/tael.

This fluctuation reflects the strong upward trend of gold ring prices in the market, attracting the attention of investors.

Although the price of gold rings has increased sharply in the past 7 months, the actual profit of buyers before is lower than the price increase. The main reason comes from the difference between buying and selling prices at gold trading enterprises.