This morning, gold price skyrocketed 3 million VND per tael

Last night, the world gold price increased by 2.3% to 3,315.09 USD in the context of the USD price falling and the demand for gold to secure assets increased. The market is currently waiting for the policy decision from the US Federal Reserve.

At nearly 9:00 a.m. this morning, the gold price was trading at 3,367 USD/ounce, about 16 million VND/tael lower than the domestic gold price.

Gold price increased to nearly 123 million VND/tael. Photo: Huong Thuy

In the domestic market, businesses listed the price of SJC gold bars at 119.8-120.8 million VND/tael (buy) and 122.8 million VND/tael (sell), an increase of 3 million VND/tael each way compared to the end of the previous day.

The price of gold rings also increased sharply. Specifically, Saigon Jewelry Company Limited listed gold rings at 115.5 million VND/tael (buy) - 118 million VND/tael (sell), 3 million VND/tael higher than the end of the previous day each way.

Phu Nhuan Jewelry Joint Stock Company increased by VND2.5 million/tael (buying) and VND2.6 million/tael (selling), to VND115 million/tael (buying) - VND118 million/tael (selling).

115 million VND/tael of copper (buying price) - 118 million VND/tael (selling price) is also the price listed by Phu Quy Group for gold rings, an increase of 1.5 million VND/tael each way.

The buying and selling price range for SJC gold bars is 2 million VND/tael, and for gold rings is 2-3 million VND/tael.

Yesterday, May 5, the price of SJC gold bars decreased by 1.5 million VND/tael, the price of gold bars decreased by 1-1.5 million VND/tael.

Source: https://hanoimoi.vn/sang-nay-gia-vang-tang-vot-3-trieu-dong-moi-luong-701322.html