In the first session of the week, the price of gold rings continued to be higher than SJC gold bars.

SJC gold price is at 74.98 - 76.98 million VND/tael (buy - sell)

Specifically, at 9:00 a.m., DOJI Gold and Gemstone Group listed the price of SJC gold at 74.98 - 76.98 million VND/tael (buy - sell), unchanged from yesterday's closing price.

At Saigon Jewelry Company (SJC), the listed price of SJC gold is also at 75.98 - 76.98 million VND/tael (buy - sell), unchanged from yesterday's closing price. The difference between the two buying and selling prices narrowed to 1.5 million VND/tael.

Similar to the price of SJC gold bars, the price of gold rings today remained unchanged. However, there is a difference of 400,000 VND/tael between the selling and buying prices of the brands in the selling direction.

Specifically, at DOJI Gold and Gemstone Group, the listed price of gold rings is at 75.9 - 77.15 million VND/tael (buy - sell), keeping the listed price for buying and selling unchanged compared to yesterday's closing price.

Saigon Jewelry Company (SJC) listed the price of gold rings at 75.15 - 76.75 million VND/tael (buy - sell), keeping the listed price for buying and selling unchanged compared to yesterday's closing price. Basically, the market has not fluctuated much. However, experts warn that this is the time to closely monitor market developments next week.

Economist Nguyen Tri Hieu said that the tight control is putting the gold market outside the supply and demand principles of a competitive market. Although stability is being established, how long it will last and whether it can be maintained sustainably depends on many factors. The demand for gold bars is being strictly controlled by a small supply; followed by the re-establishment of the black market. This creates underground waves that risk destabilizing the market; especially when the price of gold rings is tending to increase more than the price of gold bars.

Following the Government 's direction requiring the State Bank to proactively and effectively implement solutions to strictly manage and control activities and transactions in the gold market, and immediately handle the high difference between domestic and international gold prices, the gold bar market has maintained a sideways trend in recent times, but this is also a period with unpredictable potential risks.

TH (according to Tin Tuc newspaper)

Source: https://baohaiduong.vn/phien-dau-tuan-gia-vang-nhan-tiep-tuc-cao-hon-vang-mieng-sjc-387441.html