Gold buying price is higher than selling price

This morning (February 25), the domestic gold price rebounded to 92 million VND/tael. What is special is that the buying price increase is higher than the selling price.

Saigon Jewelry Company, Phu Quy Jewelry Group, Bao Tin Minh Chau Company Limited... listed prices SJC gold bars at 90 - 92 million VND/tael for buying and selling, an increase of 400,000 VND/tael for buying and 300,000 VND/tael for selling compared to yesterday morning.

Mi Hong Gold System listed gold price SJC pieces 91 - 92 million VND/tael, increased 600,000 VND/tael for buying and 300,000 VND/tael for selling.

Price gold ring also adjusted by the "gold houses" with an increase buy in stronger than the selling price.

The increase in buying price is higher than the selling price at "gold shops" (photo: Nhu Y).

Specifically, Bao Tin Minh Chau Company Limited and Phu Quy Gold and Gemstone Group both listed prices. gold ring at 90.6 - 92.1 million VND/tael, up 400,000 VND/tael for buying and 300,000 VND/tael for selling.

Mi Hong gold system listed the price of gold rings at 90.7 - 92 million VND/tael.

Saigon Jewelry Company listed the lowest price of gold rings in the market at 89.7 - 91.8 million VND/tael.

Thus, compared to the peak gold price of 93 million VND/tael sold on February 11, the selling price of gold is still about 2 million VND/tael away. However, the buying price of gold rings is at the highest level ever.

At the same time, the price of gold world listed at 2,951 USD/ounce, up 14 USD/ounce compared to yesterday morning.

This morning, Bank State listed central rate at 24,646 VND/USD.

Bank USD price is around 25,350 - 25,710 VND/USD for buying and selling.

On the free market, the USD price is trading at 25,670 - 25,770 VND/USD.

Source: https://baoquangninh.vn/gia-vang-mua-vao-cao-hon-ban-ra-3345605.html