Gold prices increase rapidly, is buying gold rings more profitable than SJC gold bars?

Khương Duy |

The price of plain round gold rings has been increasing continuously and is almost catching up with SJC gold bars. If you had invested a month ago, gold ring investors would have made more profit than gold bars.

How much profit do you make from buying SJC gold after a month?

A month ago, the price of SJC gold bars was listed by DOJI Group at 79 - 81 million VND/tael (buy - sell). The difference between the buying and selling price of SJC gold at DOJI Group was 2 million VND/tael.

Meanwhile, Saigon Jewelry Company SJC listed the price of SJC gold at 79 - 81 million VND/tael (buy - sell). The difference between the buying and selling price of SJC gold at Saigon Jewelry Company SJC is at 2 million VND/tael.

Dien bien gia vang SJC. Nguon: Cong ty CP Dich vu truc tuyen Rong Viet VDOS
SJC gold price developments. Source: Rong Viet Online Service Joint Stock Company VDOS

By today's session (September 27), the price of SJC gold bars adjusted up to 81.5 - 83.5 million VND/tael (buy - sell). The difference between the buying and selling price of SJC gold at DOJI Group is at 2 million VND/tael.

Meanwhile, Bao Tin Minh Chau listed the price of SJC gold at 81.5 - 83.5 million VND/tael (buy - sell). The difference between the buying and selling price of SJC gold at Saigon SJC Jewelry Company is at 2 million VND/tael.

Thus, after one month, the buyer of SJC gold bars at DOJI Group earned a profit of 500,000 VND/tael; meanwhile, the profit when buying SJC gold bars at Bao Tin Minh Chau was also 500,000VND/tael.

In recent trading sessions, the price of SJC gold bars has not adjusted according to the fluctuations of the world market. Investors also find it difficult to buy SJC gold bars at jewelry stores.

Big profit after one month of buying gold rings

Session 27.8, the price of 9999 Hung Thinh Vuong round gold ring at DOJI was listed at 77.45-78.55 million VND/tael (buy - sell); increased 150,000 VND/tael for buying and increased 50,000 VND/tael for selling.

Saigon Jewelry Company listed the price of gold rings at 77.3-78.65 million VND/tael (buy - sell); an increase of 100,000 VND/tael for buying and an increase of 150,000 VND/tael for selling.

Dien bien gia vang nhan trong hon 2 thang gan day. Vang nhan dang ghi nhan giai doan tang gia chong mat. Bieu do: Tuan Anh
Gold ring price developments over the past 2 months. Gold rings are recording a period of rapid price increase. Chart: Tuan Anh

At 11:10 a.m. today, September 27, the price of 9999 Hung Thinh Vuong round gold rings at DOJI was listed at 82.5-83.35 million VND/tael (buy - sell); Saigon Jewelry Company also adjusted the price of plain round gold rings to increase to 81.5 - 83.1 million VND/tael (buy - sell).

Thus, after one month of paying, the buyer of plain round gold rings at DOJI will earn 3.95 million VND/tael. Meanwhile, the profit when buying plain round gold rings at Saigon Jewelry Company will be 2.85 million VND/tael.

Currently, the price of 9999 round gold rings is quite close to the world market. The demand for investment in this item is increasing, however, some gold and gemstone stores are currently selling in small quantities. Therefore, buying 9999 round gold rings at this time is also quite difficult.

Update world gold price

As of 11:10 a.m. on September 27 (Vietnam time), the world gold price listed on Kitco was at 2,673 USD/ounce, an increase of 166 USD/ounce compared to a month ago.

Khương Duy
TIN LIÊN QUAN

20h News: 22 doctors and medical staff have owed hundreds of millions of VND in wages for 3 years

|

20h News: Transferring money to relatives to avoid taxes from July 1 will be difficult to escape; Dozens of doctors and medical staff have been laid off, owed wages for 3 years...

2 plane crashes at Noi Bai airport, 386 passengers are taken back to Terminal T1

|

On the afternoon of June 27, a representative of Noi Bai airport informed Lao Dong Newspaper about the two plane crashes at Noi Bai airport.

HCMC resolves online administrative procedures on the National Public Service Portal

|

HCMC, From 6:00 p.m. on June 27, HCMC will conduct a trial to receive and handle administrative procedures on the National Public Service Portal.

Hoang Huong's products are circulating online

|

Products named after Hoang Huong once covered social networks with winged advertisements, but behind that was a doubt about transparency.

The National Assembly Party Committee announces decisions on personnel work

|

Secretary of the National Assembly Party Committee, Chairman of the National Assembly Tran Thanh Man chaired the National Assembly Party Executive Committee Conference on personnel work.

The National Assembly agreed to let the private sector invest in the North-South high-speed railway

|

The National Assembly agreed with the Government's proposal to allow private investment in the North-South high-speed railway project.

answered the Geography exam for the 2025 high school graduation exam with a complete set of questions

|

Suggestions for answers to the Geography subject of the 2025 high school graduation exam with the most complete and accurate 48 exam codes are updated on Lao Dong Electronic Newspaper.

answers to the Physics subject of the 2025 high school graduation exam

|

Suggestions for answers on Physics in the 2025 high school graduation exam are fully and in detail updated in Lao Dong Electronics newspaper. Readers welcome to watch.

Update on the closing price of gold on September 26: Gold rings increase dramatically, almost equal to gold bars

Khương Duy |

Update on the closing price of gold on September 26: While the price of SJC gold bars remained stable, the price of smooth round gold rings continuously increased.

Gold ring price breaks all records, people hunt everywhere

Phương Anh |

Although the price of plain round gold rings has skyrocketed, breaking the record at 83 million VND/tael, many people still queue for hours to buy this precious metal.

Gold prices are too high, should we buy at this time?

Khương Duy (Theo Kitco) |

Investor concerns could trigger a new gold bull run, with many predicting the rally will quickly surpass $3,000 an ounce.