Reasons why gold rings are more expensive than SJC gold rings.

This morning (February 27th), domestic gold prices fell sharply to 91 million VND/ounce. The rapid drop in SJC gold bar prices has resulted in gold rings being more expensive than gold bars.

Saigon Jewelry Company lists prices. SJC gold bars Gold prices ranged from 89 to 91.3 million VND/ounce for buying and selling, a decrease of 1.1 million VND/ounce for buying and 900,000 VND/ounce for selling compared to yesterday morning.

Bao Tin Minh Chau Company Limited and Phu Quy Gold, Silver and Gemstone Group are listed on the stock exchange. gold price SJC gold bars are priced at 89.3 - 91.3 million VND/ounce, down 800,000 VND/ounce for buying and 900,000 VND/ounce for selling.

Mi Hong Gold System lists the price of SJC gold bars at 90.6 - 91.5 million VND/ounce.

Price gold rings Gold prices also decreased, similar to SJC gold bars, but at a smaller rate. Specifically, Bao Tin Minh Chau Co., Ltd. listed the price of gold rings at 90.2 - 91.8 million VND/ounce, a decrease of half a million VND/ounce for buying and 400,000 VND/ounce for selling compared to yesterday morning.

The price of gold rings is higher than that of SJC gold bars (photo: Nhu Y).

Phu Quy Gold and Gemstone Group listed the price of gold rings at 90.1 - 91.6 million VND/ounce.

Thus, the price of gold rings after the decrease is 300,000 - 500,000 VND/ounce higher than the selling price of SJC gold bars.

At the same time, the price of gold... world Gold is listed at $2,919 per ounce, down $2 per ounce from yesterday morning's listed price.

This morning, Bank State-listed central exchange rate The exchange rate is at 24,668 VND/USD, an increase of 22 VND compared to yesterday morning.

At commercial banks, the price cau This represents a sharp increase compared to the same time yesterday. Specifically, Vietcombank and BIDV simultaneously increased the exchange rate by 70 VND per USD for both buying and selling, raising the rate to 25,380 - 25,740 VND/USD.

VietinBank also sharply increased its USD buying price by 167 dong and its selling price by 133 dong, raising the exchange rate to 25,372 - 25,785 VND/USD. VietinBank is also the bank listing the highest USD selling price on the market.

In the free market, the USD price increased by 10 dong in the buying rate and 40 dong in the selling rate compared to the previous trading session, currently trading at 25,670 - 25,770 VND/USD.

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