On the afternoon of April 23, the price of gold is rapidly decreasing by millions of dong.

On the afternoon of April 23, the price of SJC gold bars continued to be reduced by businesses such as SJC, PNJ, DOJI to 116.5 million VND/tael for buying and 119.5 million VND/tael for selling, down another 2.5 million VND/tael compared to the morning.

In just one day, the price of gold bars has decreased by 4.5 million VND/tael. The difference between buying and selling prices has also been widened by businesses to 3 million VND/tael.

Similar developments were also recorded in 99.99% gold rings and jewelry gold, when companies listed the buying price at 112.5 million VND/tael and the selling price at 115.6 million VND/tael, down 1.4 million VND compared to the morning and "evaporating" a total of 4 million VND just today.

On the free market, the price of SJC gold bars was reported by some stores at around 120 million VND/tael for selling and 117.4 million VND/tael for buying, a total loss of about 6 million VND compared to the end of yesterday. After a few days of rapid increase, the price of gold bars on the free market has returned close to the price at the companies.

Domestic gold prices fell rapidly at the end of the day due to the impact of the world price decline. In the international market, gold prices continued to fall freely to 3,340 USD/ounce, losing 160 USD/ounce (equivalent to about 5 million VND/tael).

SJC gold bar price lost millions more dong this afternoon

Precious metals on the international market are under pressure to take profits after many days of hot growth. At the same time, the $3,500/ounce mark is also an unimaginable level for gold prices and has exceeded all forecasts of analysts in recent times. Therefore, when gold prices hit this mark, it stimulated investors' demand to take profits. The strong recovery of the USD after hitting a 3-year low also created downward pressure on gold prices.

Currently, the world gold price converted according to the listed exchange rate is about 105.2 million VND/tael.

Source: https://nld.com.vn/chieu-23-4-gia-vang-dang-giam-nhanh-hang-trieu-dong-196250423163407672.htm