SJC gold bar price hits ceiling again, when will it increase?

On the morning of April 18, despite the world gold price adjusting down, SJC gold bars were still pushed up to a new high by SJC and PNJ gold companies, 117 million VND/tael for buying and 120 million VND/tael for selling, an increase of 2 million VND/tael compared to the end of yesterday.

Even companies like Mi Hong pushed the price of SJC gold bars up to 121 million VND/tael for selling and 117 million VND/tael for buying. The difference between buying and selling prices of gold bars widened to 3-4 million VND/tael.

Just from the beginning of the week until now, each tael of gold has increased by about 15 million VND - an unprecedented level.

However, there are still some units listing SJC gold bar prices lower such as DOJI selling at 117 million VND/tael...

SJC gold bar price continues to increase

Meanwhile, the price of plain gold rings listed by companies is 114 million VND/tael for buying and 117 million VND/tael for selling, stable compared to the end of yesterday, the highest level in history.

The difference between buying and selling prices of 99.99 plain gold rings has also widened to 3 million VND/tael.

In the international market, the price of gold today decreased by about 30 USD/ounce compared to the record peak, but is still at the highest level ever. Currently, the world gold price is trading at 3,329 USD/ounce.

During the trading session last night and early this morning on the international market, the price of gold at times fell below the 3,300 USD/ounce mark, down to about 3,296 USD/ounce, but bottom-fishing demand with rising expectations helped the precious metal rise again.

World gold price converted at listed exchange rate is about 104.6 million VND/tael.

Source: https://nld.com.vn/gia-vang-mieng-sjc-lai-kich-tran-tang-toi-bao-gio-196250418090325241.htm