ANTD.VN - World gold prices continue to heat up as they approach the $2,800/ounce mark, and domestic SJC gold also increased by 1 million VND/ounce today, reaching a new high of 90 million VND/ounce.
This morning, the State Bank of Vietnam continued to increase the intervention selling price of gold bars by another 1 million VND per tael.
Accordingly, the selling price of SJC gold at the four state-owned commercial banks ( Agribank , BIDV, VietinBank, Vietcombank), SJC Company, and other major businesses listed on the market also increased by 1 million VND per ounce, reaching 88.00 – 90.00 million VND/ounce.
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The price of SJC gold has been adjusted upwards today. |
The price of gold rings also continued to rise, setting unprecedented highs and approaching the price of SJC gold. Specifically, DOJI Hung Thinh Vuong rings were priced at 88.60 – 89.60 million VND/ounce; Bao Tin Minh Chau's Thang Long Gold Dragon plain rings at 88.58 – 89.58 million VND/ounce; Phu Quy round rings listed at 88.60 – 89.80 million VND/ounce (buying price – selling price); SJC 999.9 rings at 87.70 – 89.20 million VND/ounce…
Domestic gold prices surged in line with rising global prices. During last night's trading session, the precious metals market continued to set new record highs, nearing $2,800 per ounce.
Specifically, December gold futures were last traded at $2,788.50 an ounce, up 0.27% on the day. Meanwhile, spot gold, as of 10:00 AM Vietnam time, had also advanced to near $2,788 per ounce.
Gold prices continued to rise despite US 10-year Treasury yields rebounding to a three-month high, as the US economy and labor market remained relatively resilient.
Some experts argue that the current rising US debt is beginning to worry investors about the possibility of further inflation and currency devaluation. In this context, gold is the only asset that stands alone and is recognized as a safe haven.
Furthermore, gold continues to benefit from factors such as: geopolitical hotspots showing no signs of cooling down, the Federal Reserve's interest rate normalization, continued strong demand from global central banks, and uncertainty surrounding the outcome of the upcoming US presidential election and the possibility of further fiscal stimulus measures in many countries…
Source: https://www.anninhthudo.vn/gia-vang-sjc-tang-len-90-trieu-dongluong-post594100.antd
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