SJC gold bar and gold ring prices "race" to fall sharply

(NLDO) – The price of SJC gold bars suddenly dropped sharply following the world price, falling below the 85 million VND/tael mark.

On the morning of December 6, SJC gold bar price was listed by SJC Company at 82.3 million VND/tael for buying and 84.8 million VND/tael for selling, a sharp decrease of 700,000 VND/tael compared to yesterday.

This is also the transaction price of DOJI Group, Mi Hong, while PNJ Company raised the buying price of SJC gold bars to 82.8 million VND/tael, and the selling price at 84.8 million VND/tael.

ACB Bank buys SJC gold bars at 83.5 million VND/tael; sells at 85 million VND/tael.

The price of SJC gold bars has a significant difference between businesses when it fluctuates strongly with the world this morning.

The price of SJC gold bars and gold rings both decreased.

Similarly, the price of gold rings and jewelry of all kinds also dropped sharply. SJC Company traded 99.99 plain gold rings at VND82.3 million/tael for purchase and VND83.9 million/tael for sale, down about VND400,000 per tael.

Domestic gold prices fell sharply as world prices fluctuated violently this morning. At 9:30 a.m. Vietnam time, world gold prices were at $2,619/ounce, down nearly $30/ounce compared to the previous session.

This is a very sharp decrease of precious metals on the international market after many sessions of stagnation within a narrow range.

The downward trend of gold prices is in line with the decline of the USD in the international market.

The USD index on the international market is currently trading at 105.82 points, down sharply from 106.3 points in the previous session.

According to analysts, gold prices fell sharply today when the US announced that the economy was growing stronger than expected, and rising bond interest rates put pressure on precious metals.

Currently, the world gold price converted according to the listed exchange rate is about 80.4 million VND/tael.

Source: https://nld.com.vn/gia-vang-mieng-sjc-vang-nhan-dua-nhau-rot-manh-196241206093040115.htm