Saigon Jewelry Company listed the SJC gold bar price at 123.5 – 124.5 million VND per tael for buying and selling, unchanged from yesterday morning.
Saigon Jewelry Company listed the SJC gold bar price at 123.5 – 124.5 million VND per tael, unchanged from yesterday morning.
Other gold bar businesses kept the SJC gold bar price unchanged at 124.5 million VND per tael.
The price of this item is only 200,000 VND per tael lower than the peak set on August 14th (124.7 million VND per tael – the latest historical peak of SJC gold bars).
Compared to the beginning of the year, the price of SJC gold bars has increased by nearly 40 million VND per tael, or nearly 50% in just over eight months.
SJC gold bar price outpaces gold ring price.
Gold ring prices are also high. Specifically, Phu Quy Jewelry Group listed the gold ring price at 116.4 – 119.4 million VND per tael.
Bao Tin Minh Chau JSC listed the gold ring price at 116.8 – 119.8 million VND per tael, unchanged from yesterday morning.
Mi Hong Gold System listed the gold ring price at 117.5 – 119 million VND per tael.
At the same time, the world gold price was listed at 3,326 USD/ounce, down 9 USD from yesterday morning.
Currently, the SJC gold bar price has widened the gap with the world price by more than 18 million VND per tael.
In the currency market, the State Bank of Vietnam listed the mid-rate at 25,249 VND/USD.
With a trading band of ±5% around the mid-rate, the ceiling and floor rates applied by commercial banks today are 26,511 VND/USD and 23,987 VND/USD, respectively.
Vietcombank, the largest foreign currency trading bank in the system, listed the buying and selling USD rate at 26,060 – 26,450 VND/USD. Viettinbank listed the USD rate at 25,905 – 26,445 VND/USD.
In the free market, USD was traded at 26,486 – 26,556 VND/USD.
The CEO Becomes a Major Shareholder in Vinasun.
“Mr. Dang Thanh Duy, the CEO of Vinasun, has successfully purchased 500,000 VNS shares, increasing his ownership to 5.73% and solidifying his position as a major shareholder of the company.”
The Price of Gold Drops: A Missed Opportunity for Many
The gold trading price this morning of August 12th took an unexpected turn as the 99.99 gold ring witnessed a sharper decline compared to the SJC gold bar, following the downward trend of global gold prices.
The Golden Enigma: An Intriguing Market Mystery
This morning, the SJC gold bar price plateaued at a staggering peak of 124.4 million dong per tael. In a strategic move, SJC gold traders narrowed the buy-sell spread to attract gold inflows, a clever tactic to entice investors and consolidate their position in the market.
The Price of Gold Soars to New Heights: Afternoon Update, August 7th
“On August 7th, the price of gold took an unexpected surge across prominent jewelry brands, breaching the significant threshold of VND 124 million per tael.”
“German Chemicals Aims for $38 Million Profit in Q3 2025”
The Duc Giang Chemical Group has announced its financial plans for the third quarter of 2025, with an impressive projected revenue of VND 2,907 billion and an expected profit after tax of VND 880 billion, reflecting a significant 19.2% increase compared to the same period last year.
