Gold price increased by half a million per tael

The exchange rate continued to cool down while the price of gold bars and plain rings increased by more than half a million VND per tael, hovering around 91 million VND.

On the morning of February 14, Saigon Jewelry Company (SJC) listed gold price The price of the piece is 88.3 - 91.3 million VND, an increase of 500,000 VND for buying and 800,000 VND for selling compared to yesterday. 4 state-owned banks also simultaneously raised the selling price to the market to 91.3 million VND.

Recently, in addition to SJC and 4 state-owned banks authorized by the State Bank to sell gold bars, some major domestic brands such as Mi Hong, DOJI , PNJ... have also returned to supplying gold bars to the market. This morning, Nhuan Jewelry Company (PNJ) also raised the price of gold bars to 88.3 - 91.3 million VND. DOJI Jewelry Group listed the price of gold bars at 87.7 - 90.7 million VND.

This morning, plain gold rings also increased by about half a million VND per tael, and the buying and selling prices between brands did not differ significantly. SJC raised the buying and selling price of plain rings to 88.3 - 91.1 million VND, an increase of 600,000 VND in both directions. PNJ raised the price of plain rings to 89.2 - 91.2 million VND. At DOJI, plain rings increased to 89 - 90.7 million VND. Bao Tin Minh Chau listed plain rings at 89.3 - 91.3 million VND.

At 10am, Hanoi time, the world gold price was around 2,923 USD per ounce, converted according to Vietcombank's selling rate, equivalent to 90.3 million VND per tael. The difference between domestic and world gold prices is currently only around 1 million VND per tael.

Half-tael plain gold rings are sold on Tran Nhan Tong Street, Hanoi . Photo: Pham Chieu

Meanwhile, USD price Domestic exchange rates continued to cool down this morning. Vietcombank listed the USD buying and selling prices at 25,220 - 25,610 VND, down 50 VND compared to yesterday. The exchange rate at BIDV also dropped to 25,240 - 25,600 VND per USD. At Eximbank, the USD buying and selling prices today are listed at 25,220 - 25,600 VND.

Compared to the beginning of the year, the exchange rate on the official market is about 0.25% higher. On the free market, the dollar buying and selling price is around 25,610 - 25,710 VND.

United Overseas Bank (UOB) also released a report, predicting that the USD/VND exchange rate will tend to increase this year due to tariff threats considered the "new normal".

UOB said the exchange rate is likely to remain anchored at a high level amid global risks that have yet to show signs of cooling down. The Singaporean bank forecasts the USD/VND exchange rate will gradually inch up to a peak of VND26,000 in the third quarter and cool down to VND25,800 in the fourth quarter.

Source: https://baoquangninh.vn/gia-vang-tang-nua-trieu-mot-luong-3344041.html