On the morning of July 19, the price of gold bars at Saigon Jewelry Company-SJC was bought at 119.5 million VND and sold at 121 million VND, an increase of 600,000 VND in the buying price and 400,000 VND in the selling price after one day. This reduced the difference in the buying and selling price of gold bars from 2 million VND/tael to 1.5 million VND.
In particular, the price of 4-9 gold rings on the market remained unchanged and the difference between buying and selling prices remained at 2.5 million VND/tael. Specifically, SJC Company maintained the buying price at 114.2 million VND and selling price at 116.7 million VND. Similarly, Phu Nhuan Jewelry Company (PNJ) also maintained the buying price of gold rings at 114.7 million VND and selling price at 117.6 million VND; Doji Group at 115.9 million VND and selling price at 118.4 million VND...
Gold price on the morning of July 19 increased following the world trend (PHOTO: NGOC THANG)
World gold prices rose again to $3,347.9/ounce, nearly $11 higher than yesterday. The precious metal recovered as the USD reversed its decline. According to some analysts, concerns about the rising US public debt and information about tariffs are likely to keep gold in sight, and the price is currently well supported.
President Donald Trump is demanding tariffs of at least 15-20% in any trade deal with the European Union, three sources told the Financial Times. The EU is trying to reach a deal with the US before an August 1 deadline, when Trump has said he will begin imposing 30% tariffs on the bloc's goods. Indonesia is still working on the details of a new trade deal with the US, while US Treasury Secretary Scott Bessent told Japan's prime minister that a good deal is possible.
In addition to developments in trade negotiations, traders also paid attention to the latest financial reports and economic data from the US. Data released on July 18 showed that consumers have eased concerns about inflation due to tariffs. The University of Michigan survey showed that overall consumer sentiment increased 1.8% from June to 61.8, in line with estimates and the highest since February this year./.
According to Thanh Nien Newspaper
Source: https://thanhnien.vn/gia-vang-hom-nay-1972025-chenh-lech-mua-ban-vang-mieng-giam-xuong-15-trieu-185250719081713893.htm
Source: https://baolongan.vn/gia-vang-hom-nay-19-7-chenh-lech-mua-ban-vang-mieng-giam-xuong-1-5-trieu-a199044.html
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