.jpg "Livestock output increased by 31.6%")
.jpg "Each tael of gold reversed and decreased by more than 3 million VND.")
.jpg "Kim Thanh reclaims more than 234 hectares of land to build an industrial park")
.jpg "Binh Giang's first quarter budget revenue reached nearly half of the province's annual target.")
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After many days of rising and maintaining at a high level, the price of gold bars and gold rings in the country today decreased simultaneously.
Early this morning, January 17, Saigon Jewelry Company (SJC) reduced the price of gold bars by VND500,000/tael for both buying and selling compared to yesterday's closing price, bringing the selling price to VND76 million/tael.
However, by noon today, the price of SJC gold bars reversed and increased by 200,000 VND/tael in both directions.
At the end of the session, the price of SJC gold bars decreased by 300,000 VND/tael in both buying and selling prices compared to the end of yesterday's session.
The price of gold bars of DOJI Gold and Gemstone Group also decreased. At the end of the session, the price of gold bars of DOJI in Hanoi decreased by 300,000 VND/tael in both buying and selling compared to the closing price of yesterday.
| Buy | Sell | |
| SJC Hanoi | 73,700,000 VND/tael | 76,220,000 VND/tael |
| SJC Ho Chi Minh City | 73,700,000 VND/tael | 76,200,000 VND/tael |
| SJC Danang | 73,700,000 VND/tael | 76,220,000 VND/tael |
| DOJI Hanoi | 73,650,000 VND/tael | 76,150,000 VND/tael |
| DOJI Ho Chi Minh | 73,650,000 VND/tael | 76,150,000 VND/tael |
SJC and DOJI gold price list closing session 17/1
The difference in buying and selling prices of gold bars is still maintained by businesses at a very high level, up to 2.5 million VND/tael instead of less than 1 million VND/tael in periods when the market had not fluctuated strongly.
Along with the trend, the price of gold rings of all brands also decreased simultaneously.
Today, DOJI reduced the price of gold rings in Hanoi by 650,000 VND/tael for buying and 500,000 VND/tael for selling, to 63-64 million VND/tael (buying - selling).
Similarly, the price of Thang Long Dragon gold rings at the end of the session was listed at Bao Tin Minh Chau at 63.38-64.48 million VND/tael (buy - sell), down 450,000 VND/tael in both buying and selling compared to the end of yesterday's session.
The price of 9999 SJC gold rings of 1-5 chi at the end of the session was listed in Ho Chi Minh City at 62.6-63.7 million VND/tael (buy - sell), down 350,000 VND/tael for buying and down 400,000 VND/tael for selling compared to the end of yesterday's session.
Meanwhile, the price of gold rings of Phu Nhuan Jewelry Joint Stock Company (PNJ) this afternoon was bought and sold in Ho Chi Minh City at 62.55-63.65 million VND/tael, down 500,000 VND/tael in both directions compared to the closing price yesterday.
Analysts say the precious metals market lacks a catalyst to push prices higher. The US Federal Reserve has not provided a clear roadmap for interest rate cuts, making many investors cautious about gold.
Moreover, the USD price has been on a recovery trend in recent sessions, putting pressure on gold. The US Dollar Index (DXY) - measuring the strength of the US dollar against 6 major currencies - has increased to nearly 103.5 points, the highest level in the past 1 month.
At 4:46 p.m. on January 17 (Vietnam time), the world spot gold price was at 2,021.8 USD/ounce, down 15.2 USD/ounce compared to last night.
Converted at the current exchange rate at Vietcombank, the world gold price is over 60.2 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 16.02 million VND/tael higher than the international gold price.
HA (synthetic)
.jpg "Hai Duong's agricultural, forestry and fishery value increased by 7.51% in the first quarter.")
