Gold price today, August 20: Domestic gold price jumped 1 million VND
The domestic gold price this afternoon, August 20, 2024, jumped 1 million VND in both directions. Meanwhile, the international gold price increased rapidly.
Domestic gold price on August 20, gold ring price was stable while SJC gold bar price suddenly increased by 1 million VND in both directions. At the time of survey at 12:00 on August 20, 2024, gold price on the trading floor of some companies was as follows:
Specifically, Saigon Jewelry Company (SJC) and DOJI Jewelry Group both announced the selling price of SJC gold bars at 79-81 million VND/tael (buy - sell), an increase of 1 million VND in both buying and selling prices compared to the previous session's close.
At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 80-81 million VND/tael (buy - sell).
SJC gold price at Bao Tin Minh Chau Company Limited is also traded by the enterprise at 79-81 million VND/tael (buy in - sell out). Meanwhile, at Bao Tin Manh Hai, it is being traded at 79-81 million VND/tael (buy in - sell out).
Notably, today's increase pushed the price of gold bars to a 2.5-month high of VND81 million/tael - the highest since the State Bank began selling gold directly to people through SJC Company and Big4 banks.
The latest gold price list for this afternoon, August 20, 2024 is as follows:
| Gold price today | August 20, 2024 (Million VND) | Difference (thousand dong/tael) | ||
| Buy | Sell out | Buy | Sell out | |
| SJC in Hanoi | 79 | 81 | +1,000 | +1,000 |
| DOJI Group | 79 | 81 | +1,000 | +1,000 |
| Mi Hong | 80 | 81 | +1,000 | +1,000 |
| PNJ | 79 | 81 | +1,000 | +1,000 |
| Vietinbank Gold | - | 80 | - | - |
| Bao Tin Minh Chau | 79 | 81 | +700 | +1,000 |
| Bao Tin Manh Hai | 79 | 81 | +1,000 | +1,000 |
| 1.DOJI- Updated: 2024-08-20 12:00 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell out |
| AVPL/SJC HN | 79,000▲1000K | 81,000▲1000K |
| AVPL/SJC HCM | 79,000▲1000K | 81,000▲1000K |
| AVPL/SJC DN | 79,000▲1000K | 81,000▲1000K |
| Raw material 9999 - HN | 76,600 | 77,150 |
| Raw materials 999 - HN | 76,500 | 77,050 |
| AVPL/SJC Can Tho | 79,000▲1000K | 81,000▲1000K |
| 2.PNJ- Updated: 2024-08-20 12:00 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell out |
| HCMC - PNJ | 76,850 | 78,200 |
| HCMC - SJC | 79,000▲1000K | 81,000▲1000K |
| Hanoi - PNJ | 76,850 | 78,200 |
| Hanoi - SJC | 79,000▲1000K | 81,000▲1000K |
| Da Nang - PNJ | 76,850 | 78,200 |
| Da Nang - SJC | 79,000▲1000K | 81,000▲1000K |
| Western Region - PNJ | 76,850 | 78,200 |
| Western Region - SJC | 79,000▲1000K | 81,000▲1000K |
| Jewelry gold price - PNJ | 76,850 | 78,200 |
| Jewelry gold price - SJC | 79,000▲1000K | 81,000▲1000K |
| Jewelry gold price - Southeast | PNJ | 76,850 |
| Jewelry gold price - SJC | 79,000▲1000K | 81,000▲1000K |
| Jewelry gold price - Jewelry gold price | PNJ 999.9 Plain Ring | 76,850 |
| Jewelry gold price - Jewelry gold 999.9 | 76,700 | 77,500 |
| Jewelry gold price - 999 jewelry gold | 76,620 | 77,420 |
| Jewelry gold price - 99 jewelry gold | 75,830 | 76,830 |
| Jewelry gold price - 916 gold (22K) | 70,590 | 71,090 |
| Jewelry gold price - 750 gold (18K) | 56,880 | 58,280 |
| Jewelry gold price - 680 gold (16.3K) | 51,450 | 52,850 |
| Jewelry gold price - 650 gold (15.6K) | 49,130 | 50,530 |
| Jewelry gold price - 610 gold (14.6K) | 46,030 | 47,430 |
| Jewelry gold price - 585 gold (14K) | 44,090 | 45,490 |
| Jewelry gold price - 416 gold (10K) | 30,990 | 32,390 |
| Jewelry gold price - 375 gold (9K) | 27,810 | 29,210 |
| Jewelry gold price - 333 gold (8K) | 24,330 | 25,730 |
| 3.SJC- Updated: 2024-08-20 12:00 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell out |
| SJC 1L, 10L, 1KG | 79,000▲1000K | 81,000▲1000K |
| SJC 5c | 79,000▲1000K | 81,020▲1000K |
| SJC 2c, 1C, 5 phan | 79,000▲1000K | 81,030▲1000K |
| SJC 99.99 gold ring 1 chi, 2 chi, 5 chi | 76,800 | 78,200 |
| SJC 99.99 gold ring 0.3 chi, 0.5 chi | 76,800 | 78,300 |
| 99.99% Jewelry | 76,700 | 77,700 |
| 99% Jewelry | 74,931 | 76,931 |
| Jewelry 68% | 50,491 | 52,991 |
| Jewelry 41.7% | 30,054 | 32,554 |
| 3.SJC- Updated: 2024-08-20 12:00 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell out |
| SJC 1L, 10L, 1KG | 79,000▲1000K | 81,000▲1000K |
| SJC 5c | 79,000▲1000K | 81,020▲1000K |
| SJC 2c, 1C, 5 phan | 79,000▲1000K | 81,030▲1000K |
| SJC 99.99 gold ring 1 chi, 2 chi, 5 chi | 76,800 | 78,200 |
| SJC 99.99 gold ring 0.3 chi, 0.5 chi | 76,800 | 78,300 |
| 99.99% Jewelry | 76,700 | 77,700 |
| 99% Jewelry | 74,931 | 76,931 |
| Jewelry 68% | 50,491 | 52,991 |
| Jewelry 41.7% | 30,054 | 32,554 |
The spot gold price on the world market at noon on August 20 stood at 2,504.2 USD/ounce. Converted according to the USD exchange rate on the free market (25,400 VND/USD), the world gold price is about 77.47 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 3.52 million VND/tael higher than the international gold price.
