On the morning of April 21st, Saigon Jewelry Company (SJC) listed its shares. gold price Gold bars are priced at 115-117 million VND per tael, an increase of 3 million VND per tael compared to the end of last week. Other major brands have also raised their gold bar prices accordingly. The difference between buying and selling prices remains at around 3 million VND per tael.
At the same time, SJC also raised the price of plain gold rings to 112-115 million VND, an increase of 1.5 million VND for the buying price and 2.5 million VND for the selling price. Plain gold rings at Phu Nhuan Jewelry Company (PNJ) were listed at 112-115.6 million VND, while at Bao Tin Minh Chau they were 113-117 million VND. The difference between buying and selling prices at these brands was high, reaching 4 million VND per tael.
On the international market, the spot gold price at 9:00 AM (Hanoi time) continued to reach a new peak, rising to $3,375 per ounce, equivalent to 106.1 million VND per tael (approximately 37.5 grams) according to the Vietcombank selling exchange rate.
Precious metals have been consistently hitting record highs this year thanks to safe-haven flows. Trump has launched a series of attacks on Federal Reserve Chairman Jerome Powell, and his team is assessing the possibility of removing Powell – a move that would significantly impact the central bank's independence and global markets.
Currently, the price difference between domestic and international gold has decreased compared to 15 million VND last week, but it remains high at nearly 11 million VND per ounce. Recently, Deputy Prime Minister Ho Duc Phoc requested the State Bank of Vietnam to implement measures to stabilize the market and prevent profiteering, price manipulation, and speculation in the gold market.
Source: https://baoquangninh.vn/moi-luong-vang-tang-3-trieu-dong-3354386.html
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