The Golden Opportunity: Unlocking the Shine with SJC’s Golden Touch A golden opportunity knocks with SJC’s golden touch as prices soar to a dazzling 81.6 million VND per tael.

While many commercial banks and large enterprises were still closed for the September 2nd holiday, a number of gold trading units announced their buying and selling prices for SJC gold bars on September 3rd as 79 million VND/tael and 81 million VND/tael, respectively.

However, some of these units faced a shortage of gold bars as not many customers were selling their SJC gold bars, leading to a limited supply.

Traders in the free market shared that they were purchasing SJC gold bars at 81.4 million VND/tael and selling at 81.6 million VND/tael.

The buying price offered by these free market entities was 1.4 million VND/tael higher than that of the authorized gold bar traders, explaining why only a few people chose to sell their gold to the latter.

Gold ring prices also remained high, with many jewelry shops selling at 78.6 million VND/tael and buying at 77.6 million VND/tael.

Internationally, gold prices showed little change at 10:30 AM on September 3rd, trading at $2,495 per ounce. The strengthening US dollar made international gold less appealing to holders of other currencies.

Financial markets are awaiting the release of significant economic data from the US, which will provide insights into the scale of interest rate cuts by the Federal Reserve (Fed) and subsequently impact gold prices in the coming days.