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Friday, December 13, 2024

Domestic gold prices climb

By Binh Duong

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HCMC – Domestic gold prices rose further today, November 22, as global prices reached their highest levels in over a week, local media reported.

As of 8:50 a.m., SJC adjusted its gold bar prices to VND84.5 million per tael for buying and VND86.5 million per tael for selling, marking an increase of VND800,000 and VND300,000, respectively, compared to the previous session’s close.

Similarly, Doji capped its SJC gold bar prices at VND83.7 million per tael for buying and VND86.2 million per tael for selling, reflecting respective increases of VND300,000 and VND800,000 per tael.

Gold ring prices also inched up. Doji set gold ring prices at VND85 million per tael for buying and VND86 million per tael for selling, rising by VND400,000 per tael.

SJC raised its gold ring prices by VND900,000 per tael for buying and VND400,000 per tael for selling, with current prices ranging from VND84.5–86 million per tael.

Global gold prices have surged for four consecutive days amid heightened economic and geopolitical concerns. Factors include Nvidia’s weak revenue report and escalating tensions between Russia and Ukraine, further driving demand for the precious metal.

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