(NLDO) – The price of SJC gold bars and 99.99 gold rings suddenly fluctuated strongly at the end of December 13, with some places dropping by millions of dong.
On the evening of December 13, SJC Company traded SJC gold bars at 83.8 million VND/tael, and sold at 86.3 million VND/tael - a decrease of 100,000 VND compared to the morning. In one day, the price of gold bars dropped by a million VND per tael.
This is also the transaction price of SJC gold bars at PNJ and DOJI Company.
Meanwhile, there is a difference between banks trading SJC gold bars. Eximbank listed the buying price of gold bars at 84.4 million VND/tael and the selling price at 86.4 million VND/tael; ACB sold at a much lower price, only 85.9 million VND/tael.
Notably, the SJC gold bar transaction level at Mi Hong Company, when this enterprise lowered the buying price to 84.2 million VND/tael, selling price to 85.4 million VND/tael, a million VND lower than other places.
Not only gold bars, but also gold ring prices have a significant difference between units. SJC and PNJ companies traded 99.99 gold rings at around VND83.8 million/tael for buying and VND85.2 million/tael for selling - up VND100,000 compared to the morning.
Gold prices fluctuated strongly at the end of the day today
On the contrary, Mi Hong Company reduced the selling price of plain gold rings to only 84.7 million VND/tael, and the buying price to 83.7 million VND/tael - a million VND lower than other places.
Domestic gold prices fluctuated strongly in the context of the world gold price continuing to plummet. Compared to the peak of the previous session, the current gold price has "evaporated" about 55 USD/ounce, falling deeply to 2,664 USD/ounce.
According to analysts, the price of precious metals on the international market is experiencing unexpected fluctuations. The recently released US economic indicators show that inflation is still higher than market expectations. With this development, investors often seek gold as a safe haven, helping the price of gold increase.
Meanwhile, the gold price actually dropped sharply today, losing about 15 USD/ounce in the afternoon session alone, which is explained by profit-taking pressure from investors after increasing about 100 USD/ounce in recent sessions.
The market is still expecting the US interest rate cut roadmap at the December policy meeting to support the recovery of gold prices. Converted according to the listed exchange rate, the world gold price is currently around 81.9 million VND/tael.
Gold price at Mi Hong Company dropped sharply at the end of the day
Source: https://nld.com.vn/toi-13-12-vang-mieng-sjc-loan-gia-co-noi-ban-ra-chi-hon-85-trieu-dong-luong-196241213183428254.htm
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