Saigon Jewelry Company listed the round gold ring price at 77.9 – 79.2 million VND per tael, buying and selling, unchanged from the previous trading session on September 18.
The round gold ring price at Bao Tin Minh Chau Company was listed at 77.98 – 79.18 million VND per tael. DOJI and Phu Quy Corporations listed the round gold ring price at 78 – 79.2 million VND per tael.
The price of round gold rings has maintained a historic high. The increase in the price of gold rings is due to the global gold price remaining above 2,500 USD per ounce. Since the beginning of the year, investors holding gold rings have profited by up to 17 million VND per tael.
The selling price of the round gold ring reached a historic high of 79.2 million VND per tael. Photo: BTMC.
SJC gold bar price was listed by enterprises and banks at 80 – 82 million VND per tael. The buying and selling price difference of SJC gold bars was 2 million VND per tael.
At the same time, the global gold price was at 2,558 USD per ounce, a decrease of 15 USD per ounce compared to the previous trading session. When converted at the current exchange rate, the global gold price is approximately 76.8 million VND per tael, excluding taxes and fees.
In the currency market, the State Bank of Vietnam listed the central exchange rate at 24,151 VND per USD, an increase of 10 VND per USD compared to the previous listing. At commercial banks, the USD exchange rate ranged from 24,500 – 24,840 VND, an increase of 65 VND.
Sure, I can assist with that.
## Empowering Borrowers and Unraveling the Complexities of Collateral: A Lender’s Perspective
“In a proposal to the government, the Chairman of TPBank emphasized the need for enhanced public awareness and borrower accountability regarding loan debts. The bank seeks to address the challenging situation where lenders find themselves ‘standing when granting loans but kneeling when collecting debts.’ This metaphor highlights the urgent requirement for a cultural shift in borrowing behavior and a more responsible attitude toward financial obligations.”
Gold Prices Soar: Global Rates Surpass $2,600 per Ounce, Gold Rings Peak at Over 80 Million VND per Tael
The Fed’s decision to slash interest rates by 0.5% has sent shockwaves through the market, with gold prices skyrocketing to unprecedented levels. This bold move has ignited a fiery rally in the precious metal, and experts predict that this is just the beginning. As the Fed hints at further rate cuts on the horizon, the stage is set for gold to continue its dazzling ascent, captivating investors and reshaping the financial landscape.
The Sudden Surge of SJC Gold Prices
The SJC gold price has soared to a three-month high, sparking intrigue and opportunity in the market.
The Unpredictable Nature of Exchange Rates: What’s the Impact on Businesses?
In the context of the US dollar’s depreciation over the past two months, there is a possibility that the foreign exchange risk scenario could turn around in the future. Additionally, the unpredictable volatility of the Japanese yen also warrants attention.
