Economy

Gold price in Nghe An today (November 16): Gold rings show signs of increasing in price

Thanh Phuc November 16, 2024 10:03

After falling sharply for 5 consecutive sessions, the price of gold rings suddenly rebounded. Gold shops in Nghe An all adjusted the price up, increasing the price of gold rings by 500,000 - 700,000 VND/tael.

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The price of gold rings is being adjusted to increase by 500-1 million VND/tael. Photo: TP

Gold prices today, November 16, recorded a decrease for the 6th consecutive day since President Donald Trump was elected. Gold is expected to record a weekly loss of over 4%, the sharpest decline since September 2023.

In contrast to the world gold price, after a short-term decline, domestic gold recorded an increase at the end of yesterday's trading session. Domestically, some businesses adjusted the price up by over 1 million VND/tael. Specifically: The price of gold rings is being listed by many businesses at 79.5 - 81 million VND/tael (buy) and 82 - 82.7 million VND/tael (sell), an increase of 500,000 - 1.2 million VND/tael for buying, an increase of 700,000 VND/tael for selling compared to yesterday.

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On weekends, gold shops are quite crowded with people trading. Photo: TP

In Nghe An, gold shops have also adjusted the buying and selling prices of gold rings. Specifically: DOJI gold price in Nghe An is listed at 81 - 82.7 million VND/tael (buy - sell), an increase of 1.2 million VND/tael for buying, an increase of 600 thousand VND/tael for selling compared to yesterday; ASEAN Gold and Gemstone Joint Stock Company North Central region 81 - 82.90 million VND/tael (buy - sell).

Meanwhile, at private gold and silver businesses, the current gold price has been adjusted up. Specifically, 9999 gold rings are listed by gold shops as follows: Kim Thanh Huy Gold and Silver is 80 million VND/tael (buy) and 83.50 million VND/tael (sell); Duc Tai Tam Dat Gold and Silver (Quynh Luu) 80 million VND/tael (buy) and 83 million VND/tael (sell); Nhu Trinh Gold and Silver 79.80 million VND/tael (buy) and 83 million VND/tael (sell);...

Thus, the price of gold rings in Nghe An has increased by 500,000-700,000 VND/tael in both buying and selling directions.

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Currently, the gold supply at some stores is temporarily interrupted. Photo: TP

According to the survey, the current supply of gold rings in private gold shops is relatively abundant, with available goods to meet people's needs. In particular, the gold shops of the ASEAN Gold, Silver, and Gemstone Joint Stock Company in the North Central region are temporarily out of stock, with supply interrupted due to the large number of customers placing orders.

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Gold price in Nghe An today (November 16): Gold rings show signs of increasing in price
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