Wednesday, March 26, 2025
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domestic gold price
Each tael of gold reversed and decreased by more than 3 million VND.
Domestic gold prices have dropped sharply by more than 3 million VND per tael to around 98 million VND, while the buying and selling gap has widened.
Why do domestic and world gold prices continuously break the peak?
Domestic and world gold prices have continuously increased in recent days due to tariff instability and expectations that the US Federal Reserve will loosen monetary policy.
Gold price exceeds 92 million VND per tael
Domestic gold prices increased in the opening session this morning, with the SJC brand at businesses adding 200,000 VND per tael, and gold rings also adjusted similarly.
Domestic gold price increased by 500,000 VND per tael
Domestic gold prices increased sharply by 500,000 VND per tael due to the world gold price reversing and increasing by 12 USD, the central exchange rate at 24,572 VND per USD.
Domestic gold price approaches 93 million VND per tael
World gold prices increased sharply, pushing domestic gold prices up to nearly 93 million VND per tael this morning.
Domestic gold price close to 89 million VND per tael
Saigon Jewelry Company (SJC) announced the price of SJC gold bars at 86.9 - 88.9 million VND per tael (buy - sell), an increase of 400,000 VND per tael in both buying and selling directions compared to the closing price this morning.
Domestic gold price increased by 600,000 VND, approaching 87 million VND
This morning, domestic gold prices increased by 600,000 VND following the world's increase and compared to the first session of the week, they increased by 1.2 - 1.3 million VND per tael.
Domestic gold price increased sharply following world gold price
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.
In the last session of the year, domestic gold price decreased by 300,000 VND per tael.
The world gold price dropped by 10 USD this morning, causing the domestic gold price to drop by 200,000-300,000 VND per tael, while the exchange rate at banks increased by 8 VND.
Domestic gold price increased by 1.5 million VND per tael
The world gold price this morning quickly adjusted to the threshold of 2,700 USD per ounce, an increase of 31 USD per ounce, causing the domestic SJC gold bar price to increase by 1.5 million VND, currently trading at 87.1 million VND.
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