Saigon Jewelry Company and Phu Quy Group listed the price of round gold rings at 77.1 – 78.4 million VND per tael for buying and selling, unchanged from the previous trading day’s close.
The price of plain round gold rings was listed by Bao Tin Minh Chau Company at 77.08 – 78.38 million VND per tael for buying and selling. DOJI Group listed the price of round gold rings at 77.15 – 78.35 million VND per tael.
After reaching the highest level since the beginning of the year, the price of plain round gold rings is stagnating. The increase in the domestic round gold ring price came from the upward momentum of the world gold price.
Although the gold ring price remains high, the trading volume in the market does not fluctuate much. Some gold enterprises are out of gold rings and SJC gold for sale.
Plain round gold ring price at 77.1 – 78.4 million VND per tael, the highest since the beginning of the year. Photo: QN.
SJC gold bars are listed by banks and enterprises at 79-81 million VND per tael for buying and selling, unchanged from the previous trading session.
At the same time, the world gold price is at 2,487 USD/ounce. When converted according to the current exchange rate, the world gold price is about 75.8 million VND per tael, excluding taxes and fees.
Deadline for Reporting Gold Market Management and Operations Results to SBV Today, January 31
As per the directive of Prime Minister Pham Minh Chinh, today (January 31, 2024) is the deadline for the State Bank of Vietnam (SBV) to submit a report on the summary of Decree 24, which includes proposals for amending and supplementing certain regulations for managing the gold market.
Gold prices surge as Lunar New Year approaches
On the morning of February 1st, the domestic gold price continued to surge with an increase of 500,000 VND/tael, approaching the 78 million VND/tael mark. As Tet holiday approaches, the price of gold tends to rise sharply.
Gold prices: SJC gold and plain gold rings surge simultaneously
On the morning of January 31st, the prices of SJC gold and 24k smooth gold rings in Vietnam saw a simultaneous increase compared to the previous day.
Gold prices surge to nearly 79 million dong per tael ahead of Tet, investors make huge profits.
After dropping sharply from 80.5 million VND per tael to 74 million VND per tael at the beginning of the year, SJC gold price has been showing signs of recovery recently. On February 2nd, the price of gold continued to rise significantly and reached nearly 79 million VND per tael.
Gold Prices Surge, Exceeding 78 Million Dong per Tael
This morning (2/2), the domestic gold price continued to soar, surpassing 78 million dong per tael. In just 3 consecutive trading sessions, the domestic gold price has increased by 1.8 million dong per tael.
