This development originated from the international market. Early this morning, the international gold price was trading at 3,400 USD/ounce, up 50 USD compared to the lowest level in the trading session last night.
World gold prices increased due to the weakening of the USD and the decline in US Treasury bond yields.
At nearly 9:00 a.m., the price of precious metals was 3,388.5 USD/ounce, converted to be about 14.7 million VND/tael lower than the domestic gold price.
In the domestic market, at the opening, businesses listed SJC gold bars at 120 million VND/tael (buy) - 122 million VND/tael (sell), keeping the buying price the same but increasing 500,000 VND/tael for selling compared to the end of the previous day.
The price of gold rings also increased sharply. Saigon Jewelry Company Limited set it at 115 million VND/tael (buy) - 117.5 million VND/tael (sell), 500,000 VND/tael higher than the end of the previous day each way.
Phu Nhuan Jewelry Joint Stock Company increased by VND900,000/tael (buying) and VND1 million/tael (selling), to VND116 million/tael (buying) - VND119 million/tael (selling).
The buying-selling price range that businesses commonly set is 2-3 million VND/tael. The current price is the highest since May 10.
Yesterday, July 21, the price of SJC gold bars increased by 300,000-500,000 VND/tael, to 120 million VND/tael (buy) - 121.5 million VND/tael (sell). The price of gold rings "increased" by 200,000-400,000 VND/tael.
Source: https://hanoimoi.vn/sang-22-7-gia-vang-tang-manh-len-muc-cao-nhat-hon-2-thang-qua-709968.html
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