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Gold price exceeds 69 million VND/tael

Việt NamViệt Nam18/09/2023

Gold prices rise.

At 10:30 a.m., Phu Nhuan Jewelry Joint Stock Company listed the price of SJC gold bars at VND68.4 million/tael (buy) - VND69.1 million/tael (sell), an increase of VND400,000/tael (buy) and VND300,000/tael (sell) compared to the end of last week.

Bao Tin Minh Chau Company Limited increased by 180,000 VND/tael (buying) and 210,000 VND/tael (selling), to 68.48 million VND/tael (buying) - 69.15 million VND/tael (selling).

Similarly, Doji Gold and Gemstone Group set the price at 68.35 million VND/tael (buy) - 69.05 million VND/tael (sell), 250,000 VND/tael higher than last weekend. Saigon Jewelry Company Limited increased 250,000 VND/tael each way, to 68.5 million VND/tael (buy) - 69.2 million VND/tael (sell).

The price of gold rings increased by 120,000-400,000 VND/tael (buying) and 120,000-250,000 VND/tael (selling), to 56.7-56.98 million VND/tael (buying) - 57.6-57.88 million VND/tael (selling).

In the international market, also at the same time, the gold price increased by more than 4 USD/ounce, trading at 1,928.4 USD/ounce, converted lower than the domestic gold price by about 12.3 million VND/tael.

According to Kitco’s weekly gold survey of 12 analysts, the number of people predicting prices to rise, fall and remain unchanged is 4 people. Meanwhile, an online survey with the participation of 415 people showed that 43% see prices rising, 38% see prices falling, and the rest have the view that prices will remain unchanged.


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