This morning (August 6), the price of gold rings decreased slightly to 77 million VND/tael. Meanwhile, SJC gold bars have remained unchanged for many days at 79.8 million VND/tael despite strong fluctuations in world gold prices. The USD price on the free market cooled down after a hot increase.
Bao Tin Minh Chau Company Limited listed gold ring price 76.28 - 77.48 million VND/tael for buying and selling, down slightly by 40,000 VND/tael compared to yesterday morning.
The gold ring price of Saigon Jewelry Company and Doji Group are both listed at 77.55 million VND/tael for sale.
Meanwhile, the price SJC gold bars got four bank State-owned banks (Vietcombank; Agribank , Vietinbank, BIDV) and large gold trading enterprises listed the selling price of SJC gold at 79.8 million VND/tael.
At the same time, the price of gold world decreased to 2,405 USD/ounce, down 24 USD/ounce compared to yesterday morning. World gold price is equivalent to 75 million VND/tael.
Currently, the price of SJC gold bars is only nearly 5 million VND/tael higher than the world price.

In the currency market, August 6, State Bank Listed exchange rate The central exchange rate is 24,241 VND/USD, down 1 VND/USD compared to yesterday morning. At commercial banks, the USD exchange rate is around 24,900 - 25,270 VND/USD.
Price USD on the free market, trading around 25,700 VND/USD for sale.
In the Vietnam economic update report, Shinhan Securities Company said that thanks to the high possibility of exchange rates and inflation cooling down by the end of the year, the State Bank will have more room to loosen and maintain interest rates at a reasonable level to support domestic enterprises to continue their recovery.
Regarding the exchange rate factor, Shinhan Securities Company said that after the period when the State Bank drastically intervened in the exchange rate and absorbed liquidity, along with the expectation that the US Federal Reserve (Fed) would start cutting interest rates, the exchange rate on the free market showed signs of decreasing. cool down
By the end of July, the exchange rate on the free market had dropped to 25,630 VND/USD, causing the dong to depreciate by only 3.68% compared to the beginning of the year. At the end of June, the exchange rate on the free market had lost 4.9%.
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