Buying and selling gold rings at a price of 1.1 million VND/tael

The price of SJC gold bars on June 22 did not change much compared to the afternoon of June 21. Eximbank bought 66.5 million VND, sold 66.9 million VND; Saigon Jewelry Company - SJC bought 66.4 million VND, sold 67 million VND... Meanwhile, the price of 4-digit 9 gold rings decreased by 50,000 VND/tael, down to 55.45 million VND for buying, 56.55 million VND for selling. The difference between the buying and selling price of gold bars is from 400,000 - 600,000 VND/tael, while gold rings increased to 1.1 million VND/tael.

Domestic gold prices fluctuate less than world prices.

World gold prices fluctuated abnormally in the US trading session (night of June 21). The precious metal fell from 1,935 USD/ounce to 1,918 USD/ounce but then quickly rose back to 1,938 USD/ounce. The gold market reduced some losses and remained stable when Mr. Jerome Powell - Chairman of the US Federal Reserve (Fed) said that interest rates will no longer increase at a rapid pace. The decision to keep interest rates in June should not be called a pause and most Fed members believe that interest rates will increase twice more this year. Mr. Jerome Powell believes that US inflation will return to 2%, but it will be "difficult to know" what interest rates will be when that happens.

The world's largest gold investment fund, SPDR, sold 1.73 tons of gold, reducing its gold holdings to 932.3 tons.

Central bank gold demand continues to dominate the market, with the Polish National Bank buying a record 19 tonnes in May. This followed purchases of 15 tonnes in April, bringing the country’s gold reserves to 263 tonnes.

Source link: https://thanhnien.vn/gia-vang-hom-nay-2262023-mua-ban-vang-nhan-venh-11-trieu-dong-luong-18523062209083826.htm