9999 gold ring price remains at peak despite world gold cooling down

After continuously setting new peaks during the week, the world gold price turned down due to profit-taking pressure from investors. However, the domestic gold price on the morning of the weekend, September 28, remained stable, in which the price of 9999 gold rings was still anchored at the peak price by businesses.

At 10:00 a.m., Bao Tin Minh Chau Company still listed the price of 9999 gold rings at 82.54 million VND/tael for buying and 83.44 million VND/tael for selling. PNJ Company quoted the price at 82.5 million VND/tael for buying and 83.3 million VND/tael for selling. SJC Company still traded at the peak price of this morning, at 81.5 million VND/tael for buying and 83 million VND/tael for selling.

The above prices are the highest prices of 9999 gold ring prices.

This morning, SJC gold bar price was still listed by SJC Company, PNJ, and Doji Group at 81.5 million VND/tael for buying and 83.5 million VND/tael for selling - unchanged from the previous day.

In the world gold market, the price of gold closed the weekend session in New York at 2,657.9 USD/ounce, down 15.6 USD compared to the previous session. This price after conversion is equivalent to 79.3 million VND/tael, lower than SJC gold by about 4.2 million VND/tael and lower than 9999 gold ring by about 4.14 million VND/tael.

World gold prices turned down but still recorded a third consecutive weekly increase and continuously set records in the first four trading sessions of this week thanks to growing expectations of another strong US interest rate cut this year. This precious metal is also heading for its best quarter after many times "breaking" records in the past three months. In particular, the highest peak of world gold price at 2,685.42 USD/ounce recorded in the 5th session of this week.

Nhung Nguyen

Source: https://www.sggp.org.vn/gia-vang-nhan-9999-neo-o-dinh-cao-bat-chap-vang-the-gioi-ha-nhiet-post761135.html