Gold price up to 108 million VND/tael, USD skyrocketed

Saigon Jewelry Company - SJC increased the price of SJC gold bars by 300,000 VND per tael compared to the beginning of the day, buying at 105.5 million VND, selling at 108 million VND. Other gold trading units such as Doji, Bao Tin Minh Chau, Phu Quy... kept the price of gold bars at 105.2 - 105.4 million VND/tael, selling at 107.7 million VND/tael.

The price of gold rings on the market increased by 300,000 - 600,000 VND per tael. SJC Company bought at 102.5 million VND, sold at 105.6 million VND. Bao Tin Minh Chau Company bought at 103.3 million VND, sold at 106.6 million VND. Phu Quy Company bought at 102.6 million VND, sold at 105.9 million VND. Doji Group bought at 102.5 million VND, sold at 105.7 million VND...

The price of gold rings increased to 106.6 million VND/tael. PHOTO: NGOC THANG

World gold prices have increased sharply by 15 USD/ounce compared to the beginning of the day, to 3,230 USD/ounce. Gold prices continue to increase due to concerns about trade tariffs and may increase further if the US Federal Reserve (Fed) is forced to cut interest rates despite high inflation. The World Gold Council has released central bank gold statistics for February 2025, showing that the total net purchase of global central banks in the month was 24 tons. The largest central banks were the National Bank of Poland (29 tons), the People's Bank of China (5 tons) and the Central Bank of Türkiye (3 tons).

In addition, the USD price at domestic commercial banks increased by 70 VND, bringing the increase in the morning of April 15 to 80 VND. Vietcombank bought at 25,690 - 25,720 VND, sold at 26,080 VND. The USD buying price at ACB increased to 25,700 - 25,730 VND, sold at 26,080 VND. On the interbank market, the USD price traded between banks increased to 25,910 VND, an increase of 70 VND. The greenback price on the free market also increased by 40 VND, to 26,060 VND for buying, and 26,160 VND for selling.

The prices of some other foreign currencies also increased sharply. Specifically, Vietcombank increased the price of the British pound by 310 VND, buying at 33,257 - 33,593 VND, selling at 24,670 VND; the Australian dollar increased by 160 VND, to 15,987 - 16,149 VND, selling at 16,666 VND...

According to Thanh Xuan (TNO)

Source: https://baogialai.com.vn/gia-vang-len-108-trieu-dongluong-usd-tang-vot-post319045.html