On God of Wealth day, SJC gold bar price fluctuates strongly

(NLDO) – Many stores open from 6am to welcome customers to buy gold on God of Wealth day, the price of SJC gold bars and gold rings fluctuates strongly.

On the morning of February 7 (January 10, the day of the God of Wealth), the price of SJC gold bars increased sharply again. SJC, PNJ, DOJI , and Bao Tin Minh Chau companies simultaneously increased the buying price of SJC gold bars to 86.5 million VND/tael and the selling price to 90 million VND/tael, up 400,000 VND/tael compared to the end of yesterday.

TPBank,ACB , Eximbank, Sacombank sell gold bars from 89.5 million VND to 90 million VND/tael. Gold prices have been fluctuating sharply in recent days.

Similarly, the price of gold rings and jewelry of all kinds also fluctuated quite strongly. This morning, businesses trading 99.99 plain gold rings bought 86.5 million VND/tael, sold 89.6 million VND/tael, an increase of 200,000 VND/tael compared to yesterday.

Ngày vía Thần Tài, giá vàng miếng SJC biến động rất mạnh- Ảnh 1. — The PNJ system said it opened at 6am this morning and customers were bustling about buying gold for luck. Photo taken at the PNJ store in District 3, Ho Chi Minh City on the morning of February 7.

The difference in buying and selling prices has been widened by businesses for both SJC gold bars and gold rings to 3-3.5 million VND/tael. This is a huge gap, causing short-term buyers to lose almost all their opportunities.

On God of Wealth Day, gold shops open early in the morning to meet customers’ needs. PNJ stores open from 6am; SJC stores open from 6:30am…

According to records, customers coming to trade and buy gold for luck at a PNJ store in District 3, Ho Chi Minh City was quite bustling.

Domestic gold prices have fluctuated more strongly than the world in the past two days. In the international market, gold prices today are trading at 2,864 USD/ounce, unchanged from the end of yesterday. However, analysts say there are many factors affecting gold prices, making them more unpredictable during this period.

Currently, the world gold price converted according to the listed exchange rate is about 88 million VND/tael.