World gold prices fall sharply - Illustration photo: THANH HIEP
The price of SJC gold bars is currently 15.6 million VND/ounce higher than the world gold price.
Tonight, the price of gold on the world market briefly fell to just $3,305 per ounce. Compared to the closing price of the trading week, the price of gold has dropped by approximately $30 per ounce (equivalent to 952,000 VND per tael).
Based on the exchange rate listed at the bank, the world gold price is equivalent to 104.9 million VND per tael.
At the end of today, Saigon Jewelry Company (SJC) listed the price of SJC gold bars at 120.5 million VND/ounce (selling price) and 118.5 million VND/ounce (buying price), a decrease of 400,000 VND/ounce compared to the end of last week.
The selling price of 9999 gold rings at SJC Company also decreased to 116.4 million VND/ounce, while the buying price was 113.9 million VND/ounce, a decrease of 400,000 VND/ounce.
Similarly, PNJ and Bao Tin Minh Chau companies also reduced the selling price of gold bars to match the selling price of SJC gold bars at SJC Company.
At Mi Hong gold shop, the selling price of SJC gold bars decreased to 120.5 million VND/ounce, while the buying price was 119.5 million VND/ounce, a decrease of 200,000 VND/ounce in both the selling and buying prices.
Currently, the difference between the buying and selling price of SJC gold bars is 2 million VND per tael.
Compared to the converted world gold price, the price of SJC gold bars is currently 15.6 million VND/ounce higher, while the price of 9999 gold rings is 11.5 million VND/ounce higher.
USD price cools down.
Meanwhile, after continuously rising over the past week, the USD exchange rate at banks has cooled down today.
Today, the State Bank of Vietnam announced the central exchange rate at 25,113 VND/USD, a decrease of 3 VND/USD compared to the end of last week.
With a margin of +/-5%, commercial banks are allowed to buy and sell USD within the range of 23,857 - 26,369 VND/USD.
According to reports today, the USD/VND exchange rate at banks has decreased quite significantly compared to the end of last week.
Vietcombank listed the selling price of USD at 26,330 VND/USD, a decrease of 20 VND/USD compared to the end of last week.
BIDV also lowered its USD selling price to 26,330 VND/USD and its buying price to 25,970 VND/USD. Eximbank listed its USD buying price at 25,960 VND/USD and its selling price at 26,340 VND/USD.
Therefore, compared to the permitted ceiling, the selling price of USD at banks is currently 29-39 VND/USD lower.
In the free market, the buying and selling price of USD continued to inch up at 26,441 - 26,541 VND/USD (buying - selling), an increase of 29 VND/USD compared to the end of last week.
Source: https://tuoitre.vn/gia-vang-lao-doc-manh-20250707210238356.htm
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