The price of SJC gold bars at Saigon Jewelry Company - SJC increased by 2.8 million VND per tael, buying at 131.9 million VND, selling at 133.4 million VND. Mi Hong Company increased the buying price by 2 million VND, up to 132 million VND, and the selling price increased by 2.8 million VND, up to 133.4 million VND. Phu Quy Company increased by 2.8 million VND per tael, buying at 130.9 million VND, selling at 133.4 million VND... Similarly, the price of gold rings also increased sharply by 2.6 million VND per tael, SJC Company bought at 125.1 million VND, selling at 127.7 million VND. Phu Quy Company increased each tael of gold rings by 600,000 VND, buying at 124.9 million VND, selling at 127.9 million VND...
SJC gold bar price rises to record level. PHOTO: NGOC THANG
The world gold price jumped by 70 USD per ounce compared to the afternoon of September 2, to 3,543 USD/ounce, recording an all-time high as demand for safe havens increased. Central banks accumulated gold like never before. Gold has increased by more than 30% this year, becoming one of the best performing key commodities.
Increased confidence in the US Federal Reserve (Fed) to cut interest rates and growing concerns about central bank independence explain the unusual phenomenon of gold and the dollar rising together. While a stronger dollar typically puts pressure on gold prices, the prospect of lower interest rates reduces the opportunity cost of holding non-yielding assets such as gold. In addition, interest rate cuts often signal economic uncertainty or policy easing, both of which tend to increase gold’s appeal as a safe-haven asset.
A US federal appeals court has ruled that the majority of tariffs imposed by President Donald Trump are unlawful. The judges ruled that the sweeping global tariffs imposed by the US exceeded the authority granted under the International Emergency Economic Powers Act of 1977 (IEEPA). /.
According to Thanh Nien Newspaper
Source: https://thanhnien.vn/gia-vang-hom-nay-392025-sjc-tang-soc-ap-sat-nguong-134-trieu-dong-luong-185250903083650068.htm
Source: https://baolongan.vn/gia-vang-hom-nay-03-9-sjc-tang-soc-ap-sat-nguong-134-trieu-dong-luong-a201833.html
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