SJC, a leading precious metals company in Saigon, has listed the price of SJC gold bars at VND 147-149 million per tael for buying and selling, remaining unchanged from the previous day.
Other gold trading enterprises have also uniformly listed SJC gold bars at over VND 149 million per tael. Mi Hồng Gold System quotes SJC gold bars at VND 150-151 million per tael for buying and selling. Phú Quý Jewelry Corporation lists SJC gold bars at VND 146-149 million per tael.
SJC gold bar prices stabilize at VND 149 million per tael.
In this context, SJC has announced a temporary suspension of online gold bar transaction registrations.
Starting November 18th, the company will only accept direct transactions at their trading points. This move follows SJC’s reopening of online gold purchase registrations on October 8th.
Ring gold prices are lower than SJC gold bars by VND 200,000 to over 2 million per tael, depending on the brand. Specifically, Phú Quý ring gold is listed at VND 146-149 million per tael for buying and selling. Bảo TÃn Minh Châu ring gold is also listed at VND 146-149 million per tael.
This morning, global gold prices stood at USD 4,020 per ounce, a USD 40 decrease from the previous day.
In the currency market, the central exchange rate announced by the State Bank of Vietnam is VND 25,120 per USD.
Vietcombank’s USD rate is VND 26,138 – 26,388 per USD for buying and selling. BIDV lists the USD at VND 26,156 – 26,376 per USD. The free market USD rate hovers around VND 27,498 – 27,618 per USD.
Massive Bid-Ask Spreads Among Gold Dealers
This morning (November 16th), gold prices held steady compared to yesterday morning. The buy-sell spread among businesses ranges from 1 to 3 million VND per tael.
Gold Price Today, November 16: Optimism Persists Among Investors on Gold’s Future Outlook
Domestic gold prices continue to fluctuate in tandem with global trends, with SJC gold bars surging by millions of dong.
Gold Ring and SJC Gold Prices Plummet by Over 10 Million VND per Tael as of October 28th Close
Gold prices closed the day on October 28th with a significant decline, continuing their downward trend.
Will the Establishment of a Gold Trading Floor in Vietnam Lead to a Decrease in SJC Gold Bar Prices?
Gold trading experts suggest several exchange models, with investors anticipating that the price gap between SJC gold bars and global rates will narrow.
SJC Gold Bar Prices Plummet by 11 Million VND per Tael in the Open Market
The price of SJC gold bars at major enterprises and banks is approximately 15 million VND per tael lower than the free market rate.
