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Domestic gold price increased sharply following world gold price

PV (synthesis) January 3, 2025 09:46

This morning, domestic gold prices increased sharply following world prices to 85 million VND/tael, some gold brands even raised the price of gold rings higher than the price of gold bars.

Giá vàng nhẫn lên đỉnh cao mới, vàng thế giới cũng đang leo thang
Gold ring price reaches new peak, world gold is also climbing

Saigon Jewelry Company listed the price of SJC gold bars at 83.5 - 85 million VND/tael for buying and selling, a sharp increase of 1.3 million VND/tael for buying and 800,000 VND/tael compared to yesterday morning. The difference between buying and selling is 1.5 million VND/tael.

Other businesses and commercial banks also simultaneously raised the price of gold bars. However, the difference between buying and selling is different. Phu Quy Gold Company listed the price of SJC gold bars at 83.6 - 85 million VND/tael. The difference between buying and selling is 1.4 million VND/tael.

ACB Bank listed the price of gold bars at 84 - 85 million VND/tael. The difference between buying and selling is 1 million VND/tael.

The price of gold rings is also adjusted by businesses to increase sharply according to the price of gold bars.

Specifically, Phu Quy Gold Company and Bao Tin Minh Chau both listed the price of gold rings at 83.9 - 85 million VND/tael for buying and selling, an increase of 1.3 million VND/tael for buying and 800,000 VND/tael for selling compared to early this morning. The difference between buying and selling is 1.1 million VND/tael.

Phu Quy Gold Company listed the price of gold rings at 84 - 85.1 million VND/tael for buying and selling. This is also the company that listed the highest selling price of gold rings on the market, higher than SJC gold bars.

At the same time, the world gold price was listed at 2,659 USD/ounce, a sharp increase of 36 USD/ounce compared to yesterday morning. The world gold price is equivalent to 81 million VND/tael. Currently, the domestic gold price is only 4 million VND/tael higher than the world price.

On the currency market on the morning of January 3, the State Bank listed the central exchange rate at 24,342 VND/USD, an increase of 7 VND/USD.

Commercial banks listed the USD price at 25,229 - 25,559 VND/USD for buying and selling.

On the free market, the buying and selling price of USD is around 25,717 - 25,817 VND.

PV (synthesis)
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Domestic gold price increased sharply following world gold price