Gold price domestic
At noon on March 24, SJC gold price traded at Saigon Jewelry Company in the city area. Ho Chi Minh is around 3 - 78,00 million VND/tael, equal to the buying and selling prices compared to yesterday's closing price. The difference between buying and selling is 80,30 million VND/tael.
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The price at Saigon Jewelry Company in Hanoi area is around 78,00 - 80,32 million VND/tael, equal to the buying and selling prices compared to yesterday's closing price. The difference between buying and selling is 2,3 million VND/tael.
SJC gold bar price at Bao Tin Minh Chau Company traded around 78,05 - 79,95 million VND/tael, down 30 thousand Dong/tael for buying and down 30 thousand Dong/tael for selling compared to the previous closing session. .
At Phu Quy Group, the price of SJC gold bars is currently trading around 78,00 - 80,00 million VND/tael of buying - selling, down 40 thousand VND/tael of buying and down 40 thousand VND/tael of buying. sold out compared to yesterday.
SJC gold bar price at Bao Tin Manh Hai Company traded around 78,05 - 79,95 million VND/tael, down slightly by 30 thousand VND/tael for buying and down 30 thousand VND/tael for selling compared to the previous session's close. there.
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Compared to last weekend, SJC gold price decreased sharply when it "plunged" to 1,4 million VND per tael. Domestic gold prices also decreased for the second consecutive week. If calculated from the all-time peak of gold price at 2 million VND/tael, each tael of SJC gold has lost 82,5 million VND/tael.
Besides, the price of gold ring (24k) 999.9 reversed and decreased slightly. Specifically, the price of Thang Long dragon gold bars and plain round rings at Bao Tin Minh Chau Company traded at 68,33 - 69,63 million VND/tael of buying - selling, down 50 thousand VND/tael of buying. came in and reduced 50 VND/tael of afternoon tea sold compared to yesterday.
Thang Long 999.9 dragon gold jewelry (24k) is trading around 67,55 - 69,35 million VND/tael, down 50 thousand VND/tael purchased and down 50 thousand VND/tael sold compared to yesterday. via.
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| Gold price traded at Bao Tin Manh Hai |
Similarly, Thang Long Golden Dragon blister rings and Kim Gia Bao blister rings are trading at Bao Tin Manh Hai Company around 68,33 - 69,63 million VND/buying - selling amount, down 50 thousand VND. /quantity of pm bought and reduced by 50 VND/tael of pm sold compared to yesterday's closing session.
Gold price 999.9 is around 67,35 - 69,35 million VND/tael, down 30 thousand VND/tael for buying and down 30 thousand VND/tael for selling compared to yesterday's closing session. 99.9 gold price is currently moving around 67,25 - 69,25 million VND/tael, down 30 thousand VND/tael for buying and down 30 thousand VND/tael for selling compared to yesterday's closing session.
At Phu Quy Group, Phu Quy 999.9 round ring, Phu Quy 999.9 God of Wealth are trading around 68,30 - 69,60 VND/tael, down 30 VND/tael to buy and down 30 VND/tael to buy. sold compared to yesterday.
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| Compared to last weekend, SJC gold price "plunged" to 1,4 million VND/tael, while 999.9 ring gold price increased by 200 VND/tael. |
24K 999.9 gold, is trading around 67,80 - 69,30 million VND/tael, down 30 thousand VND/tael purchased and down 40 thousand VND/tael sold compared to yesterday.
While the price of SJC gold continuously went down, the price of gold rings and 24K gold jewelry of all kinds increased by 200.000 VND/tael compared to last weekend.
World gold price
World gold price at the end of the week stood at 2.165 USD/ounce, up nearly 10 USD compared to last weekend. Converted equivalently according to Vietcombank's exchange rate, world gold is currently at 65,1 million VND/tael (excluding taxes and fees), about 3,8 million VND/tael lower than gold rings and lower than gold bars. SJC is about 15,1 million VND/tael.
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| World gold price chart this afternoon |
Precious metals around the world have peaked this week at over 2.209 USD/ounce after the US Federal Reserve (Fed) announced to keep interest rates unchanged at 5,25 - 5,5%. At the same time, Fed members still forecast three interest rate cuts in 3. This causes investors to increase their forecasts that the Fed will start reducing interest rates from June.
According to CME FedWatch Tool, traders are betting the likelihood that the US will cut interest rates in June is 6%. Lower interest rates will help gold buyers benefit more...
Kitco's survey results on gold price trends next week also show a cautious trend among experts. When in a survey on Wall Street, 15 analysts responded, of which 40% said gold prices would increase, 27% said gold prices would decrease and up to 33% said gold prices would go sideways.
Meanwhile, in the online survey on Main Street, 170 investors responded with a more optimistic view, when 69% said gold prices would increase, 15% said they would decrease and the rest predicted. Gold price goes sideways.
