HCMC – The local prices of gold rings soared to new highs today morning, August 28, reaching VND78.6 million per tael , up around VND1 million against the start of the month, according to local media reports.
The Saigon Jewelry Company (SJC) in HCMC quoted its gold ring buying and selling prices at VND77.4 million and VND78.65 million per tael, respectively, an uptick of VND100,000 compared to yesterday’s close.
PNJ bought gold rings at VND77.45 million per tael and sold them at VND78.66 million per tael, up by VND100,000 and VND110,000 against the previous session, respectively.
Doji, a jewelry firm in Hanoi, today listed its gold rings at VND77.55 million per tael for buying and VND78.65 million per tael for selling. A tael equals 37.5 grams or 1.2 troy ounces.
With continuous adjustments over several sessions, the price of plain gold rings has increased by more than VND1 million per tael since the beginning of August and is now at its highest level ever.
As for SJC gold bars, this morning, the price of this precious metal remained unchanged for the eighth consecutive day at VND79 million per tael for buying and VND81 million per tael for selling.
