How much money is 1 tael of gold?

In the jewelry industry, gold units are important to calculate the weight of gold. Each country and territory will have its own gold units.

In Vietnam, the regulatory agency uses "lương" as a unit of mass measurement in jewelry for precious metals such as silver, platinum, especially gold. The amount of gold is also known as "cá vàng". Lower than the unit of lương is "chi vàng" or "chả vàng".

How much is 1 tael of gold?

On the morning of April 17, gold prices were listed by businesses as follows:

Saigon Jewelry Company Limited listed the price of SJC gold bars at 81.8 - 83.8 million VND/tael (buy - sell). SJC gold rings cost 74.8 - 76.7 million VND/tael (buy - sell).

Doji Group listed the price of SJC gold at 81.5 - 83.7 million VND/tael, 9999 round rings from 75.35 - 77.15 million VND/tael.

1 tael of SJC gold currently costs more than 81 million VND. (Illustration photo)

If applying the above price, 1 tael of gold bar costs 81.8 - 83.8 million VND (buy - sell) at SJC. 1 tael of gold ring costs 74.8 - 76.7 million VND (buy - sell).

At Doji, 1 tael of gold bar costs 81.5 - 83.7 million VND, 1 tael of 9999 round gold ring costs from 75.35 - 77.15 million VND.

However, gold prices fluctuate hourly, daily, and each brand also lists different levels.

Things to note when buying gold

To ensure safety when buying gold, customers need to note the following issues:

- Learn carefully about the types of gold : Before buying, you should learn carefully about the types of gold and their values to make the right choice.

- Choose a reputable brand : To ensure quality, customers should buy gold from reputable brands, with full product inspection documents and good warranty policies.

- Quality check: Customers can check the quality of gold when purchasing through specialized gold measuring devices or bring it to gold testing centers.

- Tracking gold prices: Gold prices fluctuate constantly, changing daily, even hourly. Buyers need to track gold prices regularly to determine the best time to buy and sell. This is especially important for those who want to buy gold for investment and accumulation.

- Check product documents: Gold sold often comes with a certificate of quality and purity of gold in the product. Therefore, when buying, ask the seller to provide full documents.

Lagerstroemia (synthesis)

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