Saigon Gold and Jewelry Company listed the price of SJC gold at around 75 – 78.02 million VND/tael (buy – sell), a sharp decrease of 800,000 VND/tael in the buying price and a decrease of 400,000 VND/tael in the selling price compared to the morning of February 19. The buying – selling gap continues to widen from 2.5 million VND to 3 million VND/tael.
The SJC gold price decreases significantly compared to this morning.
Doji Group’s SJC gold price in Hanoi market is around 74.9 – 77.9 million VND/tael, a sharp decrease of 850,000 VND/tael in the buying price and a decrease of 450,000 VND/tael in the selling price compared to the morning of February 19. The buying – selling gap continues to widen from 2.6 million VND to 3 million VND/tael.
The SJC gold price at Bao Tin Minh Chau Company is at 75.25 – 78 million VND/tael, a sharp decrease of 600,000 VND/tael in the buying price and a decrease of 250,000 VND/tael in the selling price compared to early this morning. The buying – selling gap increases from 2.2 million VND to 2.75 million VND/tael.
Bao Tin Minh Chau Limited Liability Company lists the price for a smooth round ring at 64.4 – 65.8 million VND/tael for buying – selling, a decrease of 10,000 VND/tael compared to this morning. The buying – selling gap expands from 1.05 million VND to 1.4 million VND/tael.
Doji’s 9999 gold ring in Hanoi market stands at 64 – 65.45 million VND/tael, a decrease of 200,000 VND/tael in the buying price and selling price compared to yesterday. The buying – selling gap is at 1.45 million VND/tael.
At the same time, the spot gold price in the world market is around 2,016 USD/ounce, increasing slightly by more than 1 USD/ounce compared to the same trading session yesterday.
The global gold market fluctuates within a narrow range because investors are still waiting for more information to determine the direction of gold prices. Tomorrow, on February 21, the US Federal Reserve will release the minutes of the January meeting. This will be a clue for the market to know the time when the Federal Reserve may lower the operating interest rate of the USD.
At the domestic gold market on God of Wealth Day yesterday, the record increase in customer purchases was noted, but prices were not pushed up because previously, gold trading businesses consistently quoted high prices.
