Gold price skyrocketed by 600,000 VND, reaching a historical high of 125.4 million VND.

(GLO)- After a slight decrease yesterday, this morning (August 21), the domestic gold market recorded a jump of up to 600,000 VND per tael. Currently, the selling price of gold bars is at 125.4 million VND, the highest ever.

The domestic gold market has been on an upward trend since the beginning of August and has continuously set new peaks. This morning, major domestic gold, silver and gemstone businesses such as DOJI , SJC, Bao Tin Minh Chau and PNJ simultaneously increased their prices by VND600,000 in both buying and selling directions, currently trading at VND124.4-125.4 million/tael.

Mi Hong's buying price is approaching 125 million VND when it is trading at 124.8 million VND/tael, 400,000 VND higher than other businesses. Phu Quy still maintains a 2-way buying-selling difference of 2 million VND when the buying transaction is at a low level, 123.4 million VND/tael.

Graphics: PV

The lowest transaction level recorded this week for the gold bar market was 123.8-124.5 million VND/tael. Compared to the beginning of the week, the gold price has increased by 1 million VND.

Similarly, the gold ring market also recorded an increase compared to yesterday's trading session, with listed prices depending on each business. Phu Quy 9999 round rings are currently trading at 117-120 million VND/tael; Mi Hong is priced at 118.2-119.7 million VND/tael; Bao Tin Minh Chau is trading at 117.5-120.5 million VND/tael; SJC is buying at 117.3 million VND, selling at 119.8 million VND; PNJ is also trading at 117.3-120.3 million VND/tael.

According to Kitco, the world gold price recorded at 4:00 a.m. on August 21, Vietnam time, was 3,341.22 USD/ounce. Today's gold price increased by 19.34 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,520 VND/USD), the world gold price is about 107.01 million VND/tael (excluding taxes and fees). Currently, domestic gold is 18.4 million VND higher than world gold.

Source: https://baogialai.com.vn/gia-vang-vot-tang-600000-dong-o-muc-cao-nhat-lich-su-voi-1254-trieu-dong-post564338.html