Gold price on August 13: The difference between buying and selling DOJI gold rings is up to 3.3 million VND/tael

In the domestic market, the gold prices of most brands this morning remained unchanged compared to yesterday's closing price. Currently, the selling price of SJC gold bars is 123.9 million VND/tael, about 16 million VND/tael higher than the world price (excluding taxes and fees).

Specifically, at 10:00 a.m. on August 13, Saigon Jewelry Company (SJC) listed the buying and selling price of SJC gold bars at 122.7-123.9 million VND/tael, unchanged from the previous session. The difference between buying and selling was 1.2 million VND/tael.

Gold price statistics of Dragon Viet Online Service Joint Stock Company VDOS - Updated at 10:00 on August 13.

The price of SJC 9999 gold ring is 116.5 million VND/tael for buying and 119 million VND/tael for selling, unchanged from the previous session. The difference between buying and selling is 2.5 million VND/tael.

DOJI gold bar price in Hanoi and Ho Chi Minh City is trading at 122.7 million VND/tael for buying and 123.9 million VND/tael for selling.

This brand listed the buying and selling price of Doji Hung Thinh Vuong 9999 gold ring at 116.5-119.8 million VND/tael, unchanged from the previous closing price. The buying and selling difference was up to 3.3 million VND/tael.

PNJ Gold is currently buying at 116.8 million VND/tael and selling at 119.3 million VND/tael, unchanged from the previous session's close.

As of 10:00 a.m. on August 13 (Vietnam time), gold price World prices increased slightly by 8.2 USD compared to the previous session's close to 3,349.9 USD/ounce.

World gold prices increased this morning amid rising inflation in the US and tensions over interest rate policy in this American country.

According to the latest report from the US Bureau of Labor Statistics, the Consumer Price Index (CPI) increased 0.2% in July, in line with economists ' forecasts. However, the annual core inflation reached 3.1%, higher than the forecast of 3.0%, showing that price pressures remain persistent.

World gold price chart on August 13. (Photo: kitco.com)

The gold market is currently firmly supported above the $3,300/ounce level. Dutch financial group ING said that it is only a matter of time before gold prices overcome the sideways phase and return to record highs.

In her monthly gold report, Ewa Manthey, Commodity Strategist at ING, raised her forecast as the US labor market's growth momentum weakened and inflationary pressures remained.

She said gold prices would average $3,400 an ounce in the third quarter and $3,450 in the fourth quarter, up from the $3,200 forecast for both quarters in the previous forecast.

According to Ms. Ewa Manthey, the price of precious metals will increase to above 3,500 USD in the first quarter of next year and the average price in 2026 will be 3,512 USD.

This prediction is based on the context that ING believes that the US Federal Reserve (FED) will cut interest rates aggressively in the second half of 2025.

Currently, the USD-Index is at 98.04 points; the yield on 10-year US Treasury bonds slightly decreased to 4.287%; US stocks set a record because of the possibility of the FED cutting interest rates; oil prices slightly decreased, trading at 66.17 USD/barrel for Brent oil and 63.17 USD/barrel for WTI oil.

Source: https://baoquangninh.vn/gia-vang-ngay-13-8-chenh-lech-mua-ban-vang-nhan-doji-len-toi-3-3-trieu-dong-luong-3371383.html