Gold market fluctuated strongly last week

March 26, 2016 14:18

This morning's trading session, March 26, SJC gold price remained unchanged compared to yesterday's closing price, but was 600,000 VND/tael higher than the world gold price.

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Accordingly, at 8:15 a.m. on March 26, the buying and selling price of SJC gold in Ho Chi Minh City was listed by Saigon Jewelry Company at VND33.16 - 33.43 million/tael, down VND20,000/tael compared to the previous session.


At the same time, in Hanoi, DOJI Group also adjusted the buying and selling price of SJC gold bars down to 33.28 - 33.36 million VND/tael. Compared to the closing price yesterday, SJC gold in Hanoi is currently down 30,000 VND/tael.


The domestic gold market has just experienced a week of strong fluctuations. Prices decreased in most sessions, and there were some sessions when prices increased slightly but not significantly. Therefore, overall this week, the price of precious metals decreased by 470,000 VND/tael, the sharpest decrease in many weeks.


In the world market, the London market and many other markets are closed for Easter. Therefore, the current spot gold price on Kitco.com is still the same as yesterday morning, down 3.4 USD, at 1,216.2 USD/ounce.
In the foreign exchange market, the exchange rate decreased slightly in the last sessions of the week after increasing to 22,380 VND on March 23. Converted to Vietnamese Dong, the world gold price is currently equivalent to 32.83 million VND/tael, about 600,000 VND/tael lower than SJC gold.

According to Kinhte &dothi

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Gold market fluctuated strongly last week
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