Saigon Jewelry Company listed the SJC gold bar price at 83–85.5 million VND per tael, unchanged from yesterday morning.
Large gold businesses such as Bao Tin Minh Chau and Doji Group also kept the SJC gold bar price unchanged at 85.5 million VND per tael.
This is also the gold selling price of state-owned commercial banks (Vietcombank, BIDV, Vietinbank, and Agribank).
Gold ring prices remain around the 84 million VND per tael mark (Photo: Nhu Y)
Gold ring prices of various brands also remained unchanged. Bao Tin Minh Chau listed the gold ring price at 83.28–84.38 million VND per tael, while Doji Group listed it at 83.3–84.3 million VND per tael.
This morning, the world gold price was at 2,633 USD per ounce, a decrease of 17 USD per ounce compared to yesterday morning.
Gold expert Tran Duy Phuong said that this is a downward trend for gold prices, so investors can take this opportunity to buy. However, as gold prices are expected to continue falling, investors should only buy a small amount to test the market.
According to Mr. Phuong, in the long run, gold prices will increase. Specifically, the world gold price in 2025 is predicted to reach 3,000 USD per ounce, and domestic prices will follow suit.
In the currency market, the State Bank of Vietnam listed the central exchange rate at 24,262 VND per USD, an increase of 4 VND per USD compared to yesterday morning.
Commercial banks also adjusted their USD selling prices. Specifically, Vietcombank listed the USD buying and selling prices at 25,145 – 25,479 VND/USD, an increase of 3 VND per USD in the buying rate and 4 VND per USD in the selling rate compared to yesterday morning.
BIDV listed the buying and selling prices at 25,177 – 25,479 VND/USD, an increase of 4 VND per USD in the selling rate.
Eximbank traded USD at 25,170 – 25,479 VND/USD, keeping the buying rate unchanged and increasing the selling rate by 4 VND per USD.
In the free market, the USD buying and selling prices were around 25,631 – 25,731 VND/USD.
The Golden Opportunity: Unveiling the Daily Treasure
On the morning of December 2nd, domestic gold prices dipped compared to the previous week’s close. The adjustment ranged from 500,000 to 800,000 VND per tael.
The Golden Opportunity: Unveiling the SJC Gold Price and Ring Gold Price on December 5th
On the morning of December 5, the domestic gold price witnessed a slight fluctuation compared to the previous day’s rates.
Gold Prices Rise Slightly After US Jobs Report and Political Turmoil in South Korea, France
The spot gold price in New York edged higher on Tuesday (December 3) after stronger-than-expected employment data reinforced expectations of a more cautious Fed in its monetary policy easing process. In the Asian market, gold prices also ticked up following political turmoil in South Korea and France.
The Golden Question: How Much Has Gold Price Dropped in the Past Month?
This morning (December 1st), gold bar prices hovered around the 85 million VND per tael mark, while gold rings dropped to 84 million VND per tael. Over the past month, gold bar prices have fallen by nearly 4 million VND per tael.
Prime Minister Directs Action on Bank Interest Rates; Fate of B1 and B2 Driver’s Licenses
Prime Minister Calls for Lower Bank Interest Rates; Nearly VND 670,000 Billion to be Pumped into the Economy; Important Updates on the Fate of B1 and B2 Car Driving Licenses; Gold Prices Fluctuate, Leaving Many Anxious. These were the notable highlights from the past week.
