SJC gold prices reversed course but remain at a high level.

Domestic SJC gold bar prices fell by 1 million VND/ounce after a sharp increase in the previous session, while the central USD exchange rate was also adjusted downwards by the State Bank of Vietnam.

Gold prices reversed course and fell by 1 million dong.

After rising by 1.5 million VND/ounce in the afternoon session of January 26th, the domestic gold market reversed course this morning (January 27th), falling by 1 million VND/ounce, but still maintaining a high level.

At 9:10 AM, Saigon Jewelry Company (SJC), Doji , and Phu Quy listed SJC gold at 175 - 177 million VND/ounce (buying/selling price), a decrease of 1 million VND/ounce compared to the previous closing price. Phu Quy, however, listed a lower buying price at 174.5 - 177 million VND/ounce.

In the gold ring segment, prices fluctuated in opposite directions. Bao Tin Minh Chau traded gold rings at 174 - 177 million VND/ounce (buying/selling price), an increase of 500,000 VND/ounce compared to the afternoon of January 26th. Meanwhile, Phu Quy maintained the price at 173.5 - 176.5 million VND/ounce.

On the world market, gold is trading around $5,067 per ounce, down about $20 from the previous session. Converted using the USD exchange rate at Vietcombank , the world gold price is equivalent to approximately VND 160.9 million per tael, which is about VND 16 million lower than the domestic SJC gold price.

At the same time, the State Bank of Vietnam announced the central exchange rate at 25,098 VND/USD, a decrease of 15 VND compared to January 26th. The USD exchange rate at commercial banks also decreased slightly.

Accordingly, Vietcombank listed the USD exchange rate at 25,962 - 26,352 VND/USD (buy/sell); VietinBank traded at 25,974 - 26,352 VND/USD; BIDV listed at 25,992 - 26,352 VND/USD; and Eximbank traded at 25,980 - 26,352 VND/USD.

TT (compiled)

Source: https://baohaiphong.vn/gia-vang-sjc-quay-dau-nhung-van-o-muc-cao-534354.html