Gold price in Nghe An today (November 17): Decreased by nearly 2.5 million VND/tael compared to last weekend
Closing a volatile trading session this week, gold prices in Nghe An today remained unchanged, maintaining the same price as yesterday.
On the morning of November 17, in the international market, the gold price closed the trading week at 2,563 USD/ounce, down about 20 USD/ounce compared to the end of last week.
Domestically, SJC gold bars were listed by businesses at VND80 million/tael for buying and VND83.5 million/tael for selling, down VND2.3 million/tael compared to last weekend.
The price of gold rings and jewelry of all kinds also went down. The price of 9999 gold rings was listed by SJC Company at 79.8 million VND/tael for buying and 82.3 million VND/tael for selling. PNJ Company traded gold rings at 80.9 million VND/tael for buying and 82.6 million VND/tael for selling.
The domestic gold market has been fluctuating continuously in recent weeks, in a downward direction due to the influence of world prices, so the gold price in Nghe An has also fluctuated in the same direction. On the morning of November 17, the price of SJC gold bars has not been publicly listed by businesses.
Particularly, 9999 gold rings are listed by gold shops as follows: Kim Thanh Huy Gold and Silver is 80.50 million VND/tael (buy) and 84 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 is 79.70 million VND/tael (buy) and 83.10 million VND/tael (sell);...
Thus, the price of gold rings in Nghe An compared to last weekend decreased by about 2.2 - 2.5 million VND/tael. In the past 3 weeks, the price of gold rings also dropped sharply from the 90 million VND/tael range, losing about 7 million VND per tael.
According to Kitco's survey on gold price trends next week, gold prices continue to fall, with no signs of recovery.
