Lucky Day (19/2): SJC gold price plummets, losing over 1 million VND/per ounce within a few hours

In contrast to previous years, this year's Lunar New Year (February 19th - February 19th) saw a sharp decline in the price of SJC gold, dropping to 78 million VND per tael. The price difference between buying and selling has also widened to 3-4 million VND per tael.

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Up to 10:00 a.m., the price of SJC gold continues to plummet, “evaporating” millions of Vietnamese dong per tael in just a few hours. The selling price of gold pieces at stores has all exceeded 78 million Vietnamese dong/tael.

At Saigon Jewelry Precious Metal, SJC gold is priced at 74.8-77.8 million Vietnamese dong/tael, decreasing by 600 thousand Vietnamese dong/tael for both buying and selling. Therefore, from the store’s opening until 10:00 a.m., the price of SJC gold here is reduced by 1 million Vietnamese dong/tael for buying and 600 thousand Vietnamese dong/tael for selling.

DOJI Group also adjusts SJC gold sharply down to 74.8-78.8 million Vietnamese dong/tael, reducing 1.2 million Vietnamese dong/tael for buying and 500 thousand Vietnamese dong/tael for selling compared to the start of the morning.

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At Saigon Jewelry Precious Metal, the buying price of SJC gold pieces decreases by 400 thousand Vietnamese dong/tael to only 75.4 million Vietnamese dong/tael at 8:00 a.m. The selling price is maintained at 78.4 million Vietnamese dong/tael. The price difference between buying and selling widens up to 3 million Vietnamese dong/tael.

At DOJI Group, the price of SJC gold at 7:30 a.m. is listed at 75.75-78.35 million Vietnamese dong/tael, decreasing by 200 thousand Vietnamese dong/tael compared to yesterday. Earlier on Sunday, February 18, the price of gold pieces here also fell sharply by about 400 thousand Vietnamese dong/tael.

At Phu Nhuan Jewelry Precious Stone, the price of SJC gold remains at the end-of-day listing on February 18, 75.8-78.4 million Vietnamese dong/tael. Earlier, on February 18, the price of gold here also decreased sharply by 800 thousand Vietnamese dong/tael for buying and 400 thousand Vietnamese dong/tael for selling.

Bao Tin Minh Chau also adjusts the price of SJC gold downward below 78 million Vietnamese dong/tael, currently listed at 75.4-77.9 million Vietnamese dong/tael.

The price of 24k plain gold rings this morning is either sideways or slightly higher compared to yesterday. For example, DOJI Group lists it at 64.2-65.65 million Vietnamese dong/tael. Bao Tin Minh Chau applies 64.6-66.0 million Vietnamese dong/tael, increasing by about 200 thousand Vietnamese dong/tael.