How much did gold price just drop?

After 1 week, the price of SJC gold bars decreased by 2.5 million VND/tael, gold rings decreased by 2 million VND/tael. Many experts said that this is a sharp decrease in gold prices and investors should consider when to buy.

Saigon Jewelry Company listed the price of SJC gold bars at 115.5 - 118.5 million VND/tael. The difference between buying and selling is 3 million VND/tael.

Phu Quy Gold and Gemstone Group listed the price of SJC gold bars at 115 - 118.5 million VND/tael. The difference between buying and selling is 3.5 million VND/tael.

After 1 week, the price of SJC gold bars decreased by 2.5 million VND/tael.

The price of gold rings also dropped sharply by 2 million VND/tael after 1 week. Phu Quy Jewelry Group listed the price of gold rings at 111.8 - 114.8 million VND/tael; Bao Tin Minh Chau Company Limited listed 114 - 117 million VND/tael; Saigon Jewelry Company listed 111 - 114 million VND/tael.

The world gold price is listed at 3,201 USD/ounce, equivalent to 101 million VND/tael. Currently, the price of SJC gold bars is still 17 million VND/tael higher than the world price.

Giá vàng giảm liên tiếp trong 1 tuần qua (ảnh: Như Ý). — Gold prices have fallen continuously over the past week (photo: Nhu Y).

The domestic gold price has been adjusted down, closely following the world gold price. Many experts believe that this is a sharp drop in gold prices and investors should consider when to buy. After the adjustment, the gold price will increase again. This year, many experts believe that the gold price is likely to increase sharply to 4,000 USD/ounce.

In the currency market, this morning, the State Bank listed the central exchange rate at 24,960 VND/USD.

The USD price at Vietcombank - the largest foreign currency trading bank in the system is at 25,720 - 26,110 VND/USD for buying and selling. At Techcombank , the USD price is 25,657 - 26,184 VND/USD. Eximbank listed 24,253 - 26,130 VND/USD.

On the free market, the USD price is trading around 26,450 - 26,550 VND/USD.

According to Ngoc Mai (TPO)