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Domestic gold price
At the end of the session on April 5, the price of gold bars listed by SJC and Doji was 97.1 - 101.1 million VND/tael (buy - sell), down 1.7 million VND/tael (buy) and down 200,000 VND/tael (sell) compared to yesterday.
Similarly, the price of gold rings also plummeted. Specifically, SJC Company listed gold rings at 97 - 101.1 million VND/tael (buy - sell), down 1.7 million VND/tael (buy) and down 100,000 VND/tael (sell) compared to yesterday.
9999 round rings at Doji Group are priced at 96.7 - 100.1 million VND/tael (buy - sell), down 1.8 VND/tael (buy) and down 1.2 million VND/tael (sell) compared to yesterday.
Gold prices plummet. Illustrative photo
Bao Tin Minh Chau listed the price of gold rings at 97.5 - 100.5 million VND/tael (buy - sell), down 2.5 million VND/tael (buy) and down 1.5 million VND/tael (sell) compared to the end of yesterday's trading session.
World gold price
At 9:50 p.m. on April 5, Vietnam time, the world gold price on Kitco floor reached 3,036.80 - 3,038.80 USD/ounce, down 77.9 USD/ounce compared to the previous trading session.
World gold prices have plummeted but are still up about 15.3% year-to-date, mainly due to steady buying demand from central banks and its role as a safe haven amid growing economic and geopolitical uncertainty.
Commenting on the decline of precious metals, many experts said that investors sold gold to take profits and offset losses from other assets.
"The market is selling off to reduce leverage pressure, but investors are still looking for opportunities to buy gold at low levels because it is a safe haven," said Peter Grant, vice president and senior metals strategist at Zaner Metals.
Knowledge source
Source: https://baotayninh.vn/gia-vang-hom-nay-06-04-roi-thang-dung-a188461.html
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