Surge in Domestic Gold Prices

At the beginning of February, the domestic gold price witnessed a significant surge.

0
130

At Saigon Precious Metals, the price of SJC gold is currently listed at 76.0-78.3 million, an increase of about 500 thousand dong per tael compared to yesterday. The price of plain 24k gold ring here also increased by about 300 thousand dong per tael to 63.15-64.45 million dong per tael.

At Bao Tin Minh Chau, the price of plain gold ring sharply increased to 64.38-65.58 million dong per tael. The price of SJC gold also increased to 76.15-78.2 million dong per tael, about 600 thousand dong per tael higher than yesterday.

Phu Nhuan Precious Stone Gold Silver also increased the price of SJC gold to 76.2-78.4 million dong per tael, and the price of plain gold ring listed at 63.1-64.35 million dong per tael.

The DOJI Group increased to 75.85-78.25 million dong per tael for SJC gold and 63.95-65.15 million dong per tael for plain 24k gold ring.

In the international market, the spot gold price is currently at 2,039 USD/ounce, a decrease of about 10 USD/ounce compared to the beginning of the session. Converted at the VND/USD exchange rate, the international gold price is equivalent to about 60.5 million dong/tael.

Therefore, the price of SJC gold after the plunge at the beginning of January is showing signs of recovery. Currently, the selling price of SJC gold is at its highest level since the beginning of 2024 and about 2 million dong per tael away from the historical peak. Previously, at the end of 2023, the selling price of SJC gold reached 80.3-80.5 million dong per tael in the afternoon.

Meanwhile, the price of 24k gold rings is at a peak and there is a relatively large difference between brands. While Bao Tin Minh Chau sells at a price of 65.5 million dong per tael, Saigon Precious Metals and Phu Nhuan Precious Stone Gold Silver only list below 64.5 million dong per tael.

SOURCEcafef
Previous articleNearly 100 ‘immobile’ flights at Noi Bai due to lingering fog
Next articleVietinBank’s pre-tax profit in 2023 exceeds 25,000 billion VND, total assets surpass 2 million trillion, CASA ranks in the Top 5 in the industry.