Gold prices rise dramatically after adjustment – Photo: Thanh Hiep
Gold prices rise near the peak
According to the exchange rate in force in the bank, the world price of gold is equivalent to 106.6 million VND/Tael.
After the recent adjustment, world prices of gold recovered impulse and are at only 130 USD/ounce of the historical maximum.
Meanwhile, internal gold prices have increased rapidly in recent days.
This morning, the sale price of SJC gold bullion in the main auriferous companies increased by 3.5 million VND/Tael, which raised the sale price of the gold to 123.3 million VND/TAEL and the purchase price to 121.3 million VND/TAEL. This price is only about 670,000 Vnd/Tael lower than the maximum.
However, at the end of the day, the price of gold had decreased by 1.1 million VND/TAEL, which raised the sale price of SJC’s gold bullion in the SJC company to 122.2 million VND/TAEL, and the purchase price to 120.2 million VND/TAEL.
The sale price of the SJC gold rings at the end of today is 118 million VND/Tael, the purchase price is 115.5 million VND/Tael.
The difference between purchase and sale prices is 2 million VND/Tael for SJC gold bullion and 2.5 million VND/Tael for gold rings.
In the company Bao Tin Minh Chau, the sale price of 9999 Gold Rings at the end of today was 120.5 million VND/Tael, the purchase price was 117.5 million VND/TAEL.
The Gold store My Hong quoted this afternoon the sale price of the SJC gold bullion to 121.8 million Vnd/Tael, and the purchase to 120.2 million Vnd/Tael.
The internal price of gold is 15.6 million Vnd/Tael higher than the world price.
Compared to the world price of converted gold, the price of SJC gold bars is 15.6 million VND/Tael higher than the world gold price.
According to the analysis, world gold prices have increased again due to the recent and strong depreciation of the dollar.
Investors are also waiting for the results of the next monetary policy meeting of the United States Federal Reserve (FED). The market provides that the Fed will maintain interest rates without changes in this monetary policy meeting.
The central exchange rate currently announced by the State Bank is 24,938 VND/USD, 6 VND less than before. With an amplitude of 5%, the exchange rate of the dollar that commercial banks are authorized to negotiate is 23,691-26.185 VND/USD.
Today, some important banks quoted the dollar between 25,760 and 26,150 VND (purchase-sale). This price is approximately 35 VND/USD lower than the maximum price.
In the free market, the USD sale price is 26,500 VND/USD, the purchase price is 26,400 VND/USD.
Follow the evolution of the price of domestic gold here.
