Gold ring price reaches new record

By Dat Nguyen   October 16, 2024 | 09:08 pm PT Google Get VnExpress first in Google Search info See more of the news you trust. Make VnExpress a preferred source to prioritise our updates in your Google search results
Gold ring price reaches new record
A person holds gold jewelry at a shop in Ho Chi Minh City. Photo by VnExpress/Quynh Tran
Gold ring price in Vietnam rose 0.60% to a new record of VND84.5 million (US$33,62.52) per tael Thursday morning.

It has risen 33% so far this year.

Gold bar price was steady at VND84.5 million per tael.

Globally gold rose to hover below record levels, underpinned by uncertainty surrounding the U.S. elections and expectations of more rate cuts by major central banks, while investors looked forward to a slew of U.S. data for further direction.

Spot gold rose 0.3% to $2,682.14 per ounce.

Prices had climbed to a session high of $2,685.16 on Wednesday, shy of the record $2,685.42 scaled on Sept. 26.

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