Saigon Gold and Jewelry Company listed the price of SJC gold at 79.2 – 81.7 million VND per tael, a decrease of 500,000 VND per tael for buying and unchanged for selling. The price of round smooth rings is 67.6 – 68.8 million VND per tael, a decrease of 200,000 VND per tael.
Doji Group listed the price of SJC gold at 79.4 – 81.4 million VND per tael, a decrease of 300,000 VND per tael for both buying and selling.
Bao Tin Minh Chau One Member Limited Liability Company listed the price of round smooth rings at 68.13 – 69.43 million VND per tael, a decrease of 150,000 VND per tael for both buying and selling.
The buying-selling price difference is 2.5 million VND per tael. The gold businesses decreased the buying price and kept the selling price unchanged, indicating a low buying demand from businesses. Gold buyers at this time face risks due to a high buying-selling price difference.
The price of 9999 gold from the gold brand is about 68.8 million VND per tael. (Photo: Nhu Y).
In the face of continuous fluctuations in the gold market, the State Bank branch in Ho Chi Minh City has proposed many policies for the gold market, such as restricting cash payments, buying and selling gold in cash. This is to manage the risks arising in the business of gold shops and prevent money laundering.
There should be appropriate management mechanisms, avoiding monopolies and group interests with self-listed businesses. Regulations on the responsibilities of relevant units in managing the gold market, including gold bullion and the production, processing of artistic jewelry gold.
At the same time, the world gold price is 2,156 USD per ounce. Converted at the current exchange rate, the world gold price is about 64.8 million VND per tael, excluding taxes and fees.
