Domestic gold price is about 13.7 million VND/tael higher than world price

The company listed SJC gold bars at 116.5 million VND/tael (buy) - 119 million VND/tael (sell), unchanged from the end of yesterday.

This morning, gold price remained stable. *Photo: HT*

The price of gold rings also remained unchanged, Phu Quy Group set it at 112 million VND/tael (buy) - 115 million VND/tael (sell), unchanged from the previous day.

Saigon Jewelry Company Limited continues to set the price at 111.5 million VND/tael (buy) - 114.5 million VND/tael (sell).

Phu Nhuan Jewelry Joint Stock Company still listed the price at 112 million VND/tael (buy) - 115 million VND/tael (sell).

Previously, on May 26, the price of SJC gold bars decreased by VND2.5 million/tael (buying price) and VND2 million/tael (selling price). The price of gold rings decreased by VND800,000-1,500,000/tael each way.

On the international market, early this morning, the world gold price was trading at 3,348 USD/ounce, down 10 USD compared to the opening price the previous day. At nearly 9am, the precious metal was priced at 3,338.8 USD/ounce.

World gold prices fell because demand for this commodity gradually decreased after the US postponed imposing a 50% tax on imports from the EU until July 9, instead of implementing it from June 1 as previously announced.

The converted world gold price is currently about VND13.6 million/tael lower than the domestic gold price. This difference is a sharp decrease compared to nearly VND15 million/tael last weekend.

Source: https://hanoimoi.vn/gia-vang-trong-nuoc-cao-hon-the-gioi-khoang-13-7-trieu-dong-luong-703606.html