In recent trading sessions, the domestic SJC gold price has continuously increased. At 5:00 p.m. on March 6, 2024, Saigon Jewelry Company Limited - SJC listed the afternoon SJC gold price at 79 million VND/tael for buying and 81 million VND/tael for selling.
Compared to the early morning of the same day, the domestic SJC gold price increased by 600,000 VND/tael for buying and increased by 580,000 VND/tael for selling.
The difference between buying and selling gold prices at this unit is currently at 2 million VND/tael. According to experts, this is still a high difference, pushing the risk to the consumer.
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| Gold price listed at Saigon Jewelry Company Limited - SJC. Screenshot at 5:00 p.m. on March 6, 2024 |
Similarly, at the same time, Bao Tin Minh Chau listed the SJC gold price at 78.85 million VND/tael for buying and 80.75 million VND/tael for selling. Compared to the early morning of the same day, the SJC gold price here increased by 200,000 VND for buying and slightly increased by 50,000 VND for selling.
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| Gold price listed at Bao Tin Minh Chau. Screenshot at 5:00 p.m. on March 6, 2024 |
SJC gold prices have increased continuously in recent sessions, however, on March 6, many investors and people intend to buy gold to store in the hope that gold prices will continue to increase in the coming time. According to the representative of Bao Tin Minh Chau, at the gold trading establishments of this brand, today the number of customers coming to buy and sell transactions is 55% of customers coming to buy and 45% of customers coming to sell.
Mr. Nguyen Tran Trung (Hoang Mai, Hanoi) shared that the domestic SJC gold price is at a record high, higher than on December 26, 2023. According to forecasts from experts, domestic and foreign gold prices will increase sharply in the coming time due to the impact of geopolitical conflicts, from the USD...
" Bank interest rates are low, so my family and I decided not to save anymore. I follow the gold market every day, even though the gold price is high, I still intend to buy gold to store. With the current price, I will monitor for about another week. If the gold price increases, I will buy a few taels, not a large quantity. I will accumulate money and wait for the right time to buy for the most profit " - Mr. Nguyen Tran Trung shared.
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| Many investors and people intend to buy gold for storage in the hope that gold prices will continue to increase in the near future. Illustrative photo |
Forecasting the domestic gold bar price in the coming time, some economic experts believe that if there is policy intervention from the management agency, the gold price will decrease. If the State Bank has not yet had a policy to intervene in the gold market, the gold price is forecast to have room to increase due to the impact of the world gold market.
Although domestic prices have continuously increased and reached new peaks, according to experts, gold buyers need to be cautious of risks because the difference between domestic and world gold prices is high, about 19 million VND, and the difference between buying and selling prices is also high, which can be disadvantageous for gold investors when the market fluctuates.
Bao Tin Minh Chau representative advised that gold price increased dramatically this morning, so investors and people should consider before trading and regularly monitor gold price on official channels to make the most correct decision.
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