Gold price on July 16: Gold rings continue to increase according to world prices

On July 16, world gold prices continued to increase to 2,424 USD/ounce. Domestically, the SJC gold bar price was trading at 76.98 million VND/tael, with the SJC gold ring price remain ing unchanged, trading at 76.85 million VND/tael.
Illustrative image (Photo: Thanh Dat)
Illustrative image (Photo: Thanh Dat)

This morning, in the domestic market, the price of SJC gold bars remained unchanged, trading at 76.98 million VND/tael. Gold rings increased according to world prices. Currently, many brands’ prices of plain round gold rings have surpassed the price of SJC gold bars.

At 11 a.m. on July 16, the price of DOJI gold bars in Hanoi and Ho Chi Minh City was listed at 75.5 million VND/tael purchased and 76.98 million VND/tael sold, an increase of 520,000 VND compared to the results of the previous session.

This brand listed the price of Doji Hung Thinh Vuong 9999 gold rings at 76.5-77.75 million VND/tael, compared to the previous session.

Saigon Jewelry Company listed the buying and selling price of SJC gold bars at 75.48-76.98 million VND/tael. Meanwhile, the prices of SJC 9999 gold rings werepurchased at 75.45 million VND/tael and sold at 76.85 million VND/tael, an increase of 300,000 VND compared to the previous session's close.

PNJ gold was bought at 75.5 million VND/tael and sold at 76.9 million VND/tael, up 350,000 VND and 300,000 VND, respectively, compared to the previous session.

As of 11 a.m. on July 16 (Vietnam time), the world gold price continued to increase by 18.5 USD, compared to the previous session at 2,429 USD/ounce.

NDO