On the morning of April 12, in the domestic market, Saigon Jewelry Company SJC listed the buying price of gold at VND102.9 million/tael; the selling price at VND105.9 million/tael, an increase of VND700,000/tael in both buying and selling prices compared to the previous closing price. The difference between the buying and selling prices of SJC gold remained at VND3 million/tael.
At the same time, the gold price at DOJI Group was listed at 102.9 - 105.9 million VND/tael (buy - sell), both up 500,000 VND/tael for buying and selling prices compared to the closing price on April 11. The difference between the buying price and selling price is currently 3 million VND/tael.
The price of gold rings of some gold brands in Hanoi also fluctuated downward as of the morning of April 12. The price of Hung Thinh Vuong 9999 round gold rings at DOJI was listed at 100.7 - 104.3 million VND/tael (buy - sell), both increasing by 500,000 VND/tael for buying and selling compared to the previous session.
Saigon Jewelry Company (SJC) listed the price of SJC gold rings, type 1-5, at only 101.4 - 104.7 million VND/tael (buy - sell), an increase of 300,000 VND/tael in buying and selling prices compared to the previous session.
On the morning of April 12 (Vietnam time), the world gold price continued to increase sharply. The spot gold price on Kitco floor is at 3,237.9 USD/oz, up 26.8 USD/oz compared to the closing price on April 11.
Converting world gold prices according to foreign exchange rates at Vietcombank on April 12: 1 USD = 25,920 VND, the world gold price is currently equivalent to 101.1 million VND/tael, 4.8 million VND/tael lower than the current selling price of SJC gold.
Domestic gold price decreased by 1.2 million VND/tael
Gold price today at the end of the trading session on the afternoon of April 11 in the domestic market, Saigon Jewelry Company SJC listed the buying price of gold at 102.4 million VND/tael; the selling price at 105.2 million VND/tael, down 1.2 million VND in buying price and selling price compared to the morning session. The difference between buying and selling price of SJC gold remained at 3 million VND/tael.
Gold price at DOJI Group at the end of the afternoon session on April 11 was listed at 102.4 - 105.4 million VND/tael (buy - sell), both down 1.2 million VND/tael for buying and selling prices compared to the morning session on April 11. The difference between buying and selling prices is currently 3 million VND/tael.
The price of gold rings of some gold brands in Hanoi also fluctuated downwards by the afternoon of April 11. The price of Hung Thinh Vuong 9999 round gold rings at DOJI was listed at 100.2 - 103.8 million VND/tael (buy - sell), both down 1.2 million VND/tael in buying and selling prices compared to the morning session.
Saigon Jewelry Company (SJC) listed the price of SJC gold rings, type 1-5, at only 101.1 - 104.4 million VND/tael (buy - sell), down 1.1 million VND/tael in buying price and down 1 million VND/tael in selling price compared to the morning session. Bao Tin Minh Chau this afternoon listed the price of plain round rings at 100.9 - 104.5 million VND/tael, up 200,000 VND/tael in buying price, up 800,000 VND/tael in buying price.
The world gold price opened the trading session on April 11 (US time) still increasing strongly. The spot gold price on Kitco floor is at 3,224.1 USD/oz, up 23 USD/oz compared to the closing price on April 10. Converting the world gold price according to the foreign exchange rate at Vietcombank on April 11: 1 USD = 25,920 VND, the world gold price is currently equivalent to 100.6 million VND/tael, 1.8 million VND/tael lower than the current selling price of SJC gold.
Gold prices have surged as demand for safe havens has increased, despite the US delaying new tariffs. The surge in gold prices has been fueled by escalating trade tensions between the US and China, despite President Donald Trump suspending tariffs on other countries for 90 days.
According to analysts, inflation in the coming time is very difficult to predict. Sudden changes in tax policy from the US government make it difficult for the market to forecast price trends. In that context, gold continues to be the top choice for investors looking for safety when the global economy is still unstable.
(According to VOV)
Source: https://baoyenbai.com.vn/12/348661/Gia-vang-hom-nay-124-Vang-SJC-tang-700000-dongluong.aspx
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