Gold price increased by 500 thousand after the decrease, SJC gold sold for 81.52 million VND/tael

SJC gold price and 999.9 gold ring price continue to increase today. Gold price plummets, 999.9 gold ring is sold 2 million VND cheaper than yesterday.

Gold price domestic

At noon on March 14, the price of SJC gold traded at Saigon Jewelry Company in Ho Chi Minh City was around 79.50 - 81.50 million VND/tael, an increase of 300 thousand VND/tael for buying and 300 thousand VND/tael for selling compared to the closing price yesterday. The difference between buying and selling is 2 million VND/tael.

Giá vàng sau phiên giảm lại tăng 500 ngàn, vàng SJC bán ra 81,52 triệu đồng/lượng

The price at Saigon Jewelry Company in Hanoi is around 79.50 - 81.52 million VND/tael, an increase of 300 thousand VND/tael for buying and 300 thousand VND/tael for selling compared to yesterday's closing price. The difference between buying and selling is 2 million VND/tael.

SJC gold bar price at Bao Tin Minh Chau Company is trading around 79.00 - 80.90 million VND/tael, up 200,000 VND/tael for buying and up 200,000 VND/tael for selling compared to the previous closing price.

At Phu Quy Group, the price of SJC gold bars is currently trading around 78.90 - 80.90 million VND/tael for buying and selling, an increase of 200,000 VND/tael for buying and an increase of 200,000 VND/tael for selling compared to yesterday.

The price of SJC gold bars at Bao Tin Manh Hai Company is trading around 79.00 - 80.90 million VND/tael, an increase of 200,000 VND/tael for buying and 200,000 VND/tael for selling compared to the previous closing price.

In addition, the price of gold rings (24k) 999.9 today also followed the world 's downward trend. Specifically, the price of Thang Long dragon gold bars and plain round rings at Bao Tin Minh Chau Company traded at 68.58 - 70.08 million VND/tael for buying - selling, an increase of 500 thousand VND/tael for buying and an increase of 500 thousand VND/tael for selling compared to yesterday.

Thang Long 999.9 (24k) gold jewelry is trading around 67.95 - 69.55 million VND/tael, an increase of 300 thousand VND/tael for buying and 300 thousand VND/tael for selling compared to yesterday.

Gold price traded at Bao Tin Manh Hai

Similarly, Thang Long Gold Dragon blister rings and Kim Gia Bao blister rings are being traded at Bao Tin Manh Hai Company at around 68.58 - 70.08 million VND/tael for buying and selling, an increase of 500 thousand VND/tael for buying and an increase of 500 thousand VND/tael for selling compared to yesterday's closing price.

The price of 999.9 gold is around 67.75 - 69.55 million VND/tael, an increase of 500 thousand VND/tael for buying and 350 thousand VND/tael for selling compared to yesterday's closing price. The price of 99.9 gold is currently around 67.65 - 69.45 million VND/tael, an increase of 500 thousand VND/tael for buying and 400 thousand VND/tael for selling compared to yesterday's closing price.

Gold price traded at Phu Quy Group

At Phu Quy Group, Phu Quy 999.9 round rings and Phu Quy 999.9 God of Wealth rings are trading around 68.10 - 69.70 VND/tael, an increase of 300 thousand VND/tael for buying and an increase of 300 thousand million VND/tael for selling compared to yesterday.

24K 999.9 gold is trading around 67.40 - 69.20 million VND/tael, up 100 thousand VND/tael for buying and up 150 thousand VND/tael for selling compared to yesterday.

World gold price

World gold prices rose again after a day of decline. On the international market, at 11:00 a.m., the precious metal was trading at $2,171 per ounce, up nearly $20 per ounce from yesterday's lowest level.

World gold price chart this afternoon

Currently, the world gold price converted according to the listed exchange rate is about 65.2 million VND/tael, about 3.6 million VND/tael lower than ring gold and about 15.8 million VND/tael lower than SJC gold.

Gold's pullback following yesterday's "hot" CPI report is likely to be short-lived as the uptrend remains intact and traders appear to be looking to view pullbacks as buying opportunities, said Fawad Razaqzada, financial markets analyst at StoneX Group.

Specifically, the US Consumer Price Index (CPI) unexpectedly increased in February 2024, a development that could force US Federal Reserve (FED) officials to continue to consider when to start cutting interest rates.

The US Department of Labor said the CPI in February 2024 increased 0.4% from the previous month and increased 3.2% compared to the same period last year. These indexes were higher than analysts' forecasts. Meanwhile, the core CPI (core inflation), which excludes volatile food and energy prices, increased 3.8% in February compared to the same period last year, higher than the forecast of 3.7%.

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