At 9:00 a.m., Saigon Jewelry Company listed the price of SJC gold bars at VND70 million/tael (buy) - VND70.7 million/tael (sell), down VND50,000/tael each way compared to the end of November 1.
Phu Nhuan Jewelry Joint Stock Company reduced 100,000 VND/tael each way, listed at 70.05 million VND/tael (buy) - 70.8 million VND/tael (sell).
Bao Tin Minh Chau Company Limited set the price at 70 million VND/tael (buy) - 70.68 million VND/tael (sell), 80,000 VND/tael (buy) and 50,000 VND/tael (sell) lower than the previous day.
Meanwhile, the price of gold rings increased by 100,000 VND/tael in some places, and remained unchanged in others, with common transactions at 58.5-58.88 million VND/tael (buy) and 59.4-59.5 million VND/tael (sell). If the buying and selling range of gold bars is 680,000-750,000 VND/tael, the price of gold rings is around 1 million VND/tael.
Thus, from the beginning of the week until now, the price of gold has fluctuated between increasing and decreasing. Compared to the beginning of the week, the price of the precious metal has decreased by about 250,000 VND/tael.
In the international market, last night's trading session, the price of gold decreased to 1,982.5 USD/ounce after the US Federal Reserve announced its decision to keep interest rates unchanged. By 9:00 a.m. this morning, the price of gold was trading at 1,984.4 USD/ounce, converted to be about 11.3 million VND/tael lower than the domestic gold price.
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