The price of gold rings exceeded 72 million VND/tael for the first time.
Last night's trading session, the world gold price increased by 0.5%, to 2,292.3 USD/ounce when the gold market expected the US to cut interest rates in June 2024, the precious metal was strongly collected. By 9:00 a.m. this morning, the gold price reached a new record of 2,301.2 USD/ounce, converted to be about 12.2 million VND/tael lower than the price of SJC gold bars.
In the domestic market, at 9:00 a.m., Saigon Jewelry Company listed the price of SJC gold bars at VND79.7 million/tael (buy) - VND81.7 million/tael (sell), an increase of VND600,000/tael compared to the end of the previous day.
Phu Nhuan Jewelry Joint Stock Company increased by 600,000 VND/tael (buying) and 700,000 VND/tael (selling), to 79.5 million VND/tael (buying) - 81.6 million VND/tael (selling).
Bao Tin Minh Chau Company Limited set the price at 79.7 million VND/tael (buy) - 81.6 million VND/tael (sell), 700,000 VND/tael (buy) and 650,000 VND/tael (sell) higher than the end of the previous day. The current price is the highest since March 21.
The price of gold rings increased by 400,000-690,000 VND/tael each way, reaching a historical high of 72.32 million VND/tael, trading at 70.75-71.12 million VND/tael (buy) and 71.9-72.32 million VND/tael (sell).
In the foreign exchange market, the central exchange rate of VND to USD, applied for April 4, is 1 USD = 24,038 VND, an increase of 18 VND per USD compared to the previous day.
At commercial banks, Vietcombank listed the USD price at 24,770 VND (buy) - 25,140 (sell), up 10 VND per USD compared to the end of yesterday.
BIDV also increased 10 VND per USD compared to the previous day, to 24,825 VND (buy) - 25,135 VND (sell).
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