Gold Prices Today, October 22nd: Gold Bars and Gold Rings Continue to Fall.
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(Dan Tri Newspaper) - World gold prices fell below the $4,100/ounce mark; SJC gold bars decreased by 1.4 million VND/ounce since the beginning of the week. At the same time, the USD exchange rate at banks continued to decline, nearing 26,000 VND/USD on the selling side.
In the morning trading session on October 22nd, domestic gold prices traded at 142.3 million VND/ounce, while the bank exchange rate dropped sharply by 20-30 VND/USD. Gold prices recovered after hitting their lowest level in nearly a week. Gold prices fell for the fourth consecutive session amid concerns about rising inflation. Domestic gold prices continued their downward trend, trading at 142.3 million VND.
The price of SJC gold bars decreased by 300,000 VND in both buying and selling prices, falling to 142.3 million VND/ounce, while gold rings dropped to 140.9 million VND/ounce. World gold prices retreated slightly to around 4,115 USD/ounce.
On the morning of October 22nd, the price of SJC gold bars was listed by major businesses at 139.3 - 142.3 million VND/ounce. Meanwhile, the price of 9999 gold rings varied among brands, with the highest selling price recorded at 142.1 million VND/ounce.
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