At 9 am on September 5, SJC gold bar price was listed by SJC Company at 78.5 million VND per tael for buying and 80.5 million VND per tael for selling, a decrease of 500,000 VND per tael compared to yesterday. This is the first time in three weeks that SJC Company has adjusted the gold bar price downward.
Meanwhile, the buying price of 24K gold rings and jewelry of various kinds was listed by enterprises at 77.25 million VND per tael, and the selling price was 78.55 million VND per tael, stable compared to yesterday.
Domestic gold prices fell sharply as international gold prices continued to trade below the $2,500 per ounce mark.
At 9 am Vietnam time, the world gold price was traded at $2,497 per ounce, slightly higher than the previous session. Last night, there was a time when the price of this precious metal on the international floor fell deeply to $2,470 per ounce due to strong profit-taking pressure from investors before recovering later.
Today’s gold price dropped significantly for SJC gold bars
According to analysts, gold is facing short-term downward pressure as the US dollar strengthens and positive data emerges from the US economy.
The market is now awaiting further information on the decision to adjust the US interest rate cut for the first time this September.
The world gold price converted at the listed exchange rate is about 75.4 million VND per tael, which is lower than the SJC gold bar price by about 5 million VND per tael and lower than the gold ring price by about 3 million VND per tael.
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.
Today’s gold price in the domestic market remains high for both SJC gold bars and gold rings.
Is the Price of Gold Rings Surging Again?
This morning (September 2nd), gold ring prices remain firmly above the 78 million VND per tael mark. Forecasts indicate that gold ring prices are set to break records once more, surging to 79 million VND per tael this week.
The Unexpected Drop in Gold Ring Prices
This morning (September 1st), domestic gold ring prices dropped by 150,000 VND per tael, settling at 77.3 – 78.6 million VND per tael for buyers and sellers, respectively. This downward trend in domestic gold prices can be attributed to the stagnation of global gold rates.
The Price of Gold Today: Unpredictable Trends and Volatility
Today, gold prices have taken another significant dip in the international market, hovering just above the $2,500/ounce mark as the US dollar strengthens.
