Economy

Gold price in Nghe An today (November 23): Reaching 88 million VND/tael

Thanh Phuc DNUM_CDZBBZCACE 10:42

On the morning of November 23, the gold price in Nghe An was listed at 88 million VND/tael (selling price), 1.2-1.5 million VND/tael higher than the domestic gold price.

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Gold prices increased sharply. Photo: TP

The world gold price today is listed on Kitco at 2,715 USD/ounce, up 50 USD/ounce compared to early this morning. Geopolitical tensions between Russia and Ukraine escalate, the risk of conflict spreading, causing the gold price to increase sharply.

Domestic gold price on November 23, gold bar price at Doji and SJC was listed at 85 - 87 million VND/tael (buy - sell), an increase of 1.3 million VND/tael (buy) and 800,000 VND/tael (sell) compared to early this morning.

Meanwhile, the price of gold rings is currently listed by Doji at 85.4 - 86.5 million VND/tael, an increase of 700,000 VND/tael compared to early this morning.

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In Nghe An, the gold price is 1.2 - 1.5 million VND/tael higher than the domestic gold price. Photo: TP

In Nghe An, opening the trading session this morning, 9999 gold rings were listed by gold shops as follows: Kim Thanh Huy Gold and Silver is 84.50 million VND/tael (buy) and 88.00 million VND/tael (sell); Duc Tai Tam Dat Gold and Silver (Quynh Luu) is 83.80 million VND/tael (buy) and 87.50 million VND/tael (sell); Nhu Trinh Gold and Silver is 84 million VND/tael (buy) and 87.50 million VND/tael (sell);...

Thus, compared to the national price level, the price of gold rings in Nghe An is 1.2-1.5 million VND/tael higher at selling price.

Gold prices are expected to continue rising in the coming months as geopolitical risks persist. Bullion has shown that it tends to shine amid geopolitical tensions, economic risks and low interest rate environments.

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Currently, it is forecasted that gold prices will increase sharply this December. Photo: TP

Accordingly, this precious metal will test the $2,750 level in mid-December.

Thanh Phuc