Gold rings and gold bars approach 101 million VND/tael - Lang Son Newspaper

According to the latest record today (March 20), the price of gold in the domestic market continues to increase, the price of gold rings and gold bars set a new peak, approaching 101 million VND/tael.

Accordingly, the gold price is listed specifically as follows:

SJC gold in Hanoi and Da Nang: Buy 98.6 million VND/tael (up 600,000 VND/tael) - sell 100.4 million VND/tael (up 900,000 VND/tael).

Phu Quy SJC Gold: Buy 98.8 million VND/tael (up 800,000 VND/tael) - sell 100.4 million VND/tael (up 900,000 VND/tael).

Illustration photo: 24h.com.vn

DOJI Gold in Hanoi and Ho Chi Minh City: Buy 98.6 million VND/tael (up 600,000 VND/tael) - sell 100.4 million VND/tael (up 900,000 VND/tael).

Similarly, the price of SJC gold bars at Bao Tin Minh Chau Company Limited was traded by the enterprise at 98.8 million VND/tael for buying (up 800,000 VND/tael) - 100.4 million VND/tael for selling (up 900,000 VND/tael).

Plain round gold rings are traded by businesses at 99.25 million VND/tael for buying (up 900,000 VND/tael) - 100.9 million VND/tael for selling (up 900,000 VND/tael).

PNJ Gold in Ho Chi Minh City and Hanoi: Buy 98.7 million VND/tael (up 600,000 VND/tael) - sell 100.7 million VND/tael (up 800,000 VND/tael).

Thus, the price of gold bars and gold rings in the country today increased, setting a new peak.

Domestic gold prices increased as world prices continued to hit new highs. On the international market, gold prices at 9am were trading at $3,050/ounce, up about $20/ounce from the previous session. This is also the highest level of world gold prices at the moment.

The US Federal Reserve (Fed) has announced that it will keep interest rates at a target range of 4.25% to 4.5% per year. The economic outlook provided by the Fed also shows that inflation in the US will be higher and economic growth will be lower. These factors have investors worried that the US economy may be in recession, making gold the investment channel of choice.

Source: https://baolangson.vn/vang-nhan-vang-mieng-tien-sat-101-trieu-dong-luong-5041588.html