SJC gold bar prices set a new record.

SJC gold bars continued to rise by another 400,000 VND per tael on the afternoon of October 1st, reaching 138.4 million VND/tael. The price of precious metals worldwide continued to fluctuate, surging to a record high of 3,894 USD/ounce.

Saigon Jewelry Company (SJC) increased the price of SJC gold bars by 400,000 VND per tael, bringing the total increase for the day to 1.6 million VND, with a buying price of 136.4 million VND and a selling price of 138.4 million VND. Other gold companies such as Doji and Bao Tin Minh Chau also increased their buying price to 136.4 million VND and their selling price to 138.4 million VND. Phu Quy Company increased its buying price to 135.6 million VND and its selling price to 138.4 million VND… This is the highest price ever recorded for SJC gold bars.

The price of gold continues to rise.

PHOTO: PHAM HUU

Similarly, gold rings also increased by 400,000 VND, reaching a record price of 136 million VND/ounce. Bao Tin Minh Chau Company bought at 133 million VND and sold at 136 million VND. Phu Quy Company bought at 131.9 million VND and sold at 134.9 million VND. Doji Group bought at 132 million VND and sold at 135 million VND. SJC Company bought at 131.6 million VND and sold at 134.6 million VND…

Global gold prices surged during European trading (afternoon of October 1st), reaching $3,894 per ounce, an increase of $34 per ounce. The total price increase over the past 30 days is nearly $400 per ounce, equivalent to 11.4%. The precious metal is just a few dollars away from reaching the $3,900 per ounce price forecast by many organizations and experts. This level is expected to be reached sooner than predicted, which was in the fourth quarter.

Gold prices rose as the US government shut down for the first time in six years as the budget expired on September 30th. Despite intense negotiations in Congress , there was no breakthrough between Democrats and Republicans to secure funding for the government to continue operating until the end of the fiscal year. Furthermore, gold prices increased as the US dollar continued to fall globally. The US Dollar Index fell 0.3 points to 97.54 points, marking the fourth consecutive day of the greenback's depreciation against other currencies.

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Source: https://thanhnien.vn/gia-vang-mieng-sjc-lap-ky-luc-moi-185251001154624471.htm