Gold buyers suffer heavy losses
SJC gold last week decreased by 6 million VND/tael. If you bought gold last week and sold it this week, the gold buyer would lose 8 million VND.
At the time of survey at 2:00 p.m. on June 9,gold priceOn the trading floor of some listed companies, the buying price is 74.98 million VND/tael and the selling price is 76.98 million VND/tael.
This afternoon, DOJI listed the price of 9999 gold at 74.98 million VND/tael for buying and 76.98 million VND/tael for selling.
Based on the closing price of this week's trading session seen after 1 weekState Bankimplementing the solution of selling gold to the market through 4 banks and SJC Company, SJC gold bars have decreased by 6 million VND/tael. The difference between buying and selling price of gold bars continues to be maintained at 2 million VND/tael.
Gold prices have been falling rapidly, so if people bought SJC gold at VND83 million/tael last Sunday and sold it at VND74.98 million/tael this Sunday, they would have lost VND8.02 million/tael. In total, in just half a month, people who bought SJC gold bars have lost nearly VND17 million.
For gold rings, there was also a sharp decline in the week. Accordingly, SJC's 4-number-9 gold rings were bought at VND72.6 million/tael and sold at VND74.2 million/tael, a decrease of VND1.5 million/tael after 1 week. Combined with the difference in buying and selling prices of VND1.6 million/tael, gold ring buyers lost VND3.1 million after 1 week. Other brands also recorded a decrease of approximately VND1 million/tael last week.
The central exchange rate listed by the State Bank is 24,241 VND/USD, down 5 VND/USD. The USD price at commercial banks is traded around 25,183 VND/USD for buying and 25,453 VND/USD for selling./.
