Domestic gold prices remain at high levels.

Domestic gold prices remained high this morning, with SJC gold bars selling for around 184.2 million VND per tael.

SJC gold bars are being listed by businesses at around 181.2 million VND/ounce (buying price) and 184.2 million VND/ounce (selling price).

On the morning of March 5th, the domestic gold market recorded prices remaining at very high levels. According to the price list updated at 8:45 AM, SJC gold bars were listed by businesses at around 181.2 million VND/ounce (buying price) and 184.2 million VND/ounce (selling price).

Specifically, SJC gold in 1-ounce, 10-ounce, and 1-kg denominations is traded at 181.2 - 184.2 million VND/ounce. SJC 5-tael gold is priced at 181.2 million VND/ounce for buying and 184.22 million VND/ounce for selling.

For smaller SJC gold bars such as 0.5 tael, 1 tael, and 2 taels, the selling price is approximately 184.23 million VND per tael.

For 99.99% pure gold rings, the buying price is approximately 180.9 million VND/ounce, and the selling price is 183.9 million VND/ounce for 1-tael, 2-tael, and 5-tael rings. For 0.5-tael and 0.3-tael gold rings, the selling price is approximately 184 million VND/ounce.

Meanwhile, 99.99% pure gold jewelry is listed at around 178.9 - 182.4 million VND/ounce. 99% pure gold jewelry is priced at 174.094 - 180.594 million VND/ounce, while 75% pure gold jewelry is approximately 128.064 - 136.964 million VND/ounce.

Compared to the converted world gold price, domestic gold prices are currently still about 20 million VND/ounce higher. This gap reflects the unique characteristics of the Vietnamese gold market, where the supply of gold bars is limited, while the demand for gold as a store of value remains high.

According to experts, with gold prices currently anchored at historical highs, investors should prioritize long-term holding strategies and allocate a reasonable proportion of their assets in their portfolios, rather than chasing short-term price surges.

QH (compiled)

Source: https://baohaiphong.vn/gia-vang-trong-nuoc-duy-tri-o-nguong-cao-537105.html