The selling price of SJC gold at the bank is 500 thousand VND/tael higher than the buying price of the State Bank.

ANTD.VN - The stable selling price of SJC gold at 4 State-owned commercial banks and SJC Company is only 500,000 VND/tael higher than the buying price at the State Bank, instead of the previous difference of 1 million VND.

According to the announcement of the State Bank on November 18, today, the direct selling price of gold bars to 04 State-owned joint stock commercial banks and SJC Company is 83.50 million VND/tael.

In the market, at the same time, the selling price of SJC gold of 4 banks, SJC Company and large enterprises is being listed at 84 million VND/tael, an increase of 500 thousand VND/tael compared to the end of last week.

It is worth mentioning that the difference between the selling price to people and the gold price purchased from the operator in today's session narrowed to only 500,000 VND per tael, instead of the previous difference of 1 million VND per tael.

The difference in price stabilization of SJC gold has narrowed.

Previously, according to the State Bank's report from June 3 to October 29, 2024, this unit organized 44 direct sales of SJC gold bars, supplying the market with 305,600 taels of SJC gold (equivalent to about 11.46 tons of gold).

According to calculations, with a difference of 1 million VND per tael, the difference for banks and SJC Company when buying and selling gold (excluding operating costs) is more than 305 billion VND.

Along with SJC gold, ring gold today also recovered quite strongly, commonly increasing by 600 - 700 thousand VND per tael.

Accordingly, SJC 999.9 rings are listed at 80.70 - 83.00 million VND. Bao Tin Minh Chau's plain round rings are 81.73 - 83.23 million VND/tael. Phu Quy round rings are 81.80 - 83.50 million VND/tael; DOJI Hung Thinh Vuong rings are 81.70 - 83.00 million VND/tael...

Domestic gold prices increased following the recovery of the world market. Currently, Asian gold prices are recovering strongly to 2,594 USD/ounce, at one point reaching 2,600 USD/ounce, ending a series of 6 consecutive days of price declines.

Source: https://www.anninhthudo.vn/gia-ban-vang-sjc-tai-ngan-hang-cao-hon-gia-mua-cua-ngan-hang-nha-nuoc-500-nghin-dongluong-post595800.antd