Gold prices surge on February 21: SJC gold skyrockets, plain gold rings remain steady

On the morning of February 21st, the price of SJC gold saw a significant increase compared to the previous day, with a rise of up to 800 thousand VND per tael. The gap between the buying and selling prices is also gradually narrowing.

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Specifically at Saigon Gold, the price of SJC gold is currently listed at VND 76.2-78.4 million per tael, up VND 800,000 per tael for buying and VND 700,000 per tael for selling in the afternoon.

Phu Nhuan Jewelry (PNJ) also adjusted the price to VND 76.0-78.2 million per tael, around VND 1 million per tael higher for buying and VND 300,000 per tael higher for selling in the afternoon compared to yesterday morning.

Similarly, DOJI Group has adjusted the price to VND 76.15-78.35 million per tael. Bao Tin Minh Chau increased to VND 76.25-78.15 million per tael.

Thus, the difference between buying and selling prices of SJC gold is currently around VND 2-2.2 million per tael, significantly narrower than the VND 3 million per tael during the peak trading days of the Thần Tài (God of Wealth) festival (on February 19).

The price of gold rings remained steady after a sharp drop yesterday (February 20), continuing to move sideways this morning (February 21). Bao Tin Minh Chau currently lists 9999 gold rings at VND 64.28-65.38 million per tael. DOJI Group applies the price range of VND 63.95-65.15 million per tael. Meanwhile, Saigon Gold and PNJ list lower prices, respectively VND 63.3-64.5 million per tael and VND 63.0-64.4 million per tael.

SOURCEcafef
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