World gold prices on October 3 decreased due to profit-taking pressure from investors and a recovery of the USD. Domestically, gold ring prices rose back to 83 million VND per tael; meanwhile, SJC gold bars maintained 84 million VND per tael.
Vietnam's benchmark VN-Index fell 0.34% to 1,287.84 points on October 2. The index closed 4.36 points lower after gaining 4.26 points in the previous session.
World gold prices on October 2 rebounded to USD2,659.2/ounce amid the escalating geopolitical situation in the Middle East. Domestically, SJC gold bars traded at VND84 million/tael; SJC gold rings slipped to VND83 million/tael.
The selling price of SJC-branded gold bars increased sharply to 84 million VND per tael, while gold ring price decreased slightly to 82.9 million VND per tael on October 1.
The selling price of SJC-branded gold bar s stayed unchaged at 83.5 million VND per tael, while gold ring price was stable at 83 million VND per tael on September 30.
Vietnam must comprehensively establish and implement green finance strategies and solutions to innovate its growth model towards green growth and sustainable development.
The prices of gold rings have continuously increased, setting new peaks every day when climbing to 83.45 million VND per tael for Doji gold rings and 83 million VND/tael for SJC gold rings on September 28.
The Asian Development Bank (ADB) maintained its positive economic outlook for Vietnam, forecasting the country’s GDP growth at 6% in 2024 and 6.2% in the following year.
Japan will continue its support for the State Securities Commission (SSC), stock exchanges, and relevant parties in Vietnam to improve the equity market’s fairness and transparency under a technical assistance project from the Japan International Cooperation Agency (JICA), as heard at a workshop in Hanoi on September 23.
World gold prices on September 23 hovered around the peak, trading at 2,620 USD/ounce, as experts forecast interest rates to continue to fall in 2024. Domestically, SJC gold bars traded at 82 million VND/tael, with SJC gold rings increasing sharply to a new record of 80.8 million VND/tael.
The selling price of SJC-branded gold ring price increased sharply to a new peak of 80.2 million VND/tael, while the selling price of gold bar s stayed unchaged at 82 million VND per tael.
According to the Vietnam Fruit and Vegetable Association (VINAFRUIT), from September 1 to September 20, 2024, Vietnam's fruit and vegetable exports were estimated at 920.380 million USD, up 9.1% over the previous month and up 37.9% over the same period in 2023.
Saigon Jewelry Company gold ring price jumped 0.63% on September 20 morning to a new historic peak of 79.7 million VND per tael, while gold bar price rose 0.24% to 82 million VND per tael..