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Along with the increase in world gold prices, domestic gold ring prices increased sharply on the afternoon of September 25.
Specifically, at 3:30 p.m., DOJI Gold and Gemstone Group listed the price of gold rings at VND82 - 83 million/tael (buy - sell), an increase of VND550,000/tael for buying and an increase of VND500,000/tael for selling compared to the closing price of the early morning session this morning.
Saigon Jewelry Company (SJC) announced the selling price of gold rings at 80.8 - 82.3 million VND/tael (buy - sell), an increase of 800,000 VND/tael for buying and 1 million VND for selling compared to yesterday's closing price; keeping the listed price unchanged compared to this morning.
Meanwhile, the price of gold bars remained stable. DOJI Gold and Gemstone Group announced the selling price of SJC gold bars at 81.5 - 83.5 million VND/tael (buy - sell), keeping the listed price unchanged in both buying and selling directions compared to yesterday's closing price. Similarly, Saigon Jewelry Company (SJC) announced the selling price of SJC gold bars at 81.5 - 83.5 million VND/tael (buy - sell), keeping the listed price unchanged in both buying and selling directions compared to yesterday's closing price.
In the session on September 24, the world gold price increased by 1% and reached a record high as tensions in the Middle East increased the appeal of this metal as a safe haven. In addition, investors also grasped new signals about the possibility of cutting US interest rates. Specifically, the spot gold price increased by 1.1% to 2,656.38 USD/ounce, after reaching a record high of 2,654.96 USD/ounce. The price of gold futures traded in the US increased by 1% to 2,680.00 USD/ounce.
