At the end of the week, gold price was anchored above 124 million VND/tael.

On the weekend of August 16, domestic gold price did not fluctuate, continuing to trade at 124.5 million VND/tael.

Opening, the business listed the price of gold rings at 123.5 million VND/tael (buy) - 124.5 million VND/tael (sell), unchanged from the end of the previous day.

Regarding the price of gold rings, Bao Tin Minh Chau Company Limited set the price of plain round gold rings at 116.8 million VND/tael (buy) - 119.8 million VND/tael (sell), unchanged from the end of yesterday.

Gold prices remained stable at the weekend. Photo: HT

Saigon Jewelry Company Limited continues to set the price at 116.6 million VND/tael (buy) - 119.1 million VND/tael (sell).

Looking back at the domestic gold market, on the first day of the week, August 11, the price of SJC gold bars decreased by VND500,000/tael each way, down to VND122.7 million/tael (buy) - VND123.9 million/tael (sell). After 1 day of standing still, on August 13, the price of precious metals increased, reaching VND123 million/tael (buy) - VND124.2 million/tael (sell) after "increasing" by VND300,000/tael each way.

The next day, the gold price continued to increase by 500,000 VND/tael each way, reaching a historical high of 123.7 million VND/tael (buy) - 124.7 million VND/tael (sell). On August 15, the gold price left the historical peak when it decreased by 200,000 VND/tael each way, down to 123.5 million VND/tael (buy) - 124.5 million VND/tael (sell) in the context of the world's precious metal price going down.

With the above developments, the price of SJC gold at the end of the week did not change significantly compared to the same period last week. The price of gold rings also moved in the same direction as the price of SJC gold bars.

Source: https://hanoimoi.vn/cuoi-tuan-gia-vang-neo-tren-moc-124-trieu-dong-luong-712855.html