SJC gold reaches 43 million VND/tael

At 2:15 p.m. on February 27, SJC gold was sold in Ho Chi Minh City for 43.55 million VND/tael, while world gold was 1,610.5 USD/oz.

14:15: SJC gold is 2.83 million VND/tael higher than world gold.

Compared to the closing price this morning, SJC gold has now decreased by another 650,000 VND/tael, from the selling price in Ho Chi Minh City of 44.20 million VND/tael at 11am, to 43.55 million VND/tael. The buying price at this time is 43.15 million VND/tael.

Thang Long Dragon gold bars in Hanoi are currently priced at 42.20-42.45 million VND/tael.
The world gold price decreased slightly by 1 USD/oz to 1,610.5 USD/oz compared to the closing price of the morning session. Converted according to the USD price at Vietcombank of 20,990 VND/USD, the world gold price is at 40.72 million VND/tael, 2.83 million VND/tael lower than the domestic gold price.

11:00

Domestic gold prices plummeted this morning. As of 11:00 a.m., domestic gold prices recorded four consecutive drops at levels ranging from VND50,000 to VND200,000 per tael.

Currently, domestic gold is priced at 44.20 million VND/tael.

Specifically, Saigon Jewelry Company listed SJC gold at VND44.02 million/tael (buy). The selling price is VND44.20 million/tael.

In Hanoi, DOJI company listed SJC gold at a buying price of 44.02 million VND/tael. The selling price of SJC gold was 44.22 million VND/tael.

The world gold price decreased slightly by 1 USD/oz to 1,611.72 USD/oz. According to the foreign exchange rate at Vietcombank, the world gold price is at 40.62 million VND/tael, 3.5 million VND/tael lower than the domestic gold price.

10:00
After 2 hours of opening this morning, domestic gold prices continuously decreased by a large margin of 200,000 VND/tael and 120,000 VND/tael to 44.38 million VND/tael.

Currently, Saigon Jewelry Company lists SJC gold at 44.13 million VND/tael (buy). The selling price is 44.38 million VND/tael.

In Hanoi, DOJI company listed SJC gold at a buying price of 44.13 million VND/tael. The selling price of SJC gold was 44.40 million VND/tael.

While the domestic gold price fluctuates continuously, the world gold price remains high at 1,612.28 USD/oz. According to the foreign exchange rate at Vietcombank, the world gold price is at 40.64 million VND/tael, 3.7 million VND/tael lower than the domestic gold price.

At 8 o'clock
On February 27, opening the morning trading session, domestic gold prices decreased slightly by VND 100,000/tael compared to the closing price at the end of yesterday's session.

At 9:00 a.m., Saigon Jewelry Company listed SJC gold at VND44.20 million/tael (buy). The selling price was VND44.50 million/tael.

In Hanoi, DOJI company listed SJC gold at a buying price of 44.20 million VND/tael. The selling price of SJC gold was 44.52 million VND/tael.

Contrary to the downward trend of domestic gold prices, world gold prices increased sharply overnight, surpassing the 1,600 USD/oz mark. Spot gold prices in the Asian market increased by 23.10 USD/oz to reach 1,617.25 USD/oz.

Gold for April delivery also increased by 29.80 USD/oz to 1,616.40 USD/oz. Compared to the foreign exchange rate at Vietcombank, the world gold price is at 40.67 million VND/tael, 3.8 million VND/tael lower than the domestic gold price.

According to analysts, the sudden increase in world gold prices is due to newly released US economic data. Accordingly, US home sales increased sharply in January, while the consumer confidence index also increased in February.

In addition, the European Union is continuing its review of the sovereign debt issue after months of disruption. In Italy, the election defeat shows that public confidence in the current government has been eroded, which will have a major impact on Italy’s economic and financial structure. It also points to political instability in Italy in the coming months.

In Asia, Japanese stocks fell as the yen surged on demand for safe-haven assets amid the euro zone debt crisis. The yen had been steadily falling for the past four months, but surged sharply on Monday afternoon.

The US dollar index hit a six-month high yesterday. Meanwhile, lower Nymex crude oil prices are the basis for investors to switch their buying trend to precious metals./.

According to (vov.vn) - LT