What is SJC gold bar?
SJC gold bars are a gold brand produced by Saigon Jewelry Company Limited. The shape of SJC gold bars is a rectangular block cast from 24K gold, one side has the symbol of 4 number 9 and the image of a golden dragon, the other side is printed with the logo and brand name of the manufacturer.
SJC gold bars (Illustration photo)
The meaning of the number 9999 appearing on the gold surface is 99.99%, indicating the purity of the gold is almost absolute (only 0.01% impurities).
SJC gold bars are more valuable for storing wealth and investment than for jewelry.
How much is a 1-tael SJC gold bar?
SJC gold is cast into bars but the unit of calculation is the same as other types of gold. For the convenience of buyers, SJC gold bars are divided into many different types according to the unit of gold and tael such as:
Type 1 weighs only 3.75 grams
Type 2 weighs only 7.5 grams
Type 5 weighs only 18.75 grams
Type 1 weighs equivalent to 37.5 grams
1 kg is equivalent to 26,6666667 taels of gold.
At the afternoon of January 3, 2024, Saigon Jewelry Company Limited listed the price of SJC gold bars 1L - 10L - 1KG at 72.5 - 75.5 million VND/tael (buy - sell). SJC gold 0.5 chi, 1 chi, 2 chi priced at 72.5 - 75.53 million VND/tael (buy - sell).
Thus, 1-tael SJC gold bar is currently priced at 7.25 - 7.553 million VND (buy - sell).
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