At 10:00 a.m., the price of gold rings traded at Bao Tin Minh Chau was at 97.5 - 100.5 million VND/tael (buy - sell), down 1.0 million VND/tael for buying and down 1.1 million VND for selling compared to the closing price yesterday.
Meanwhile, at DOJI Gold and Gemstone Group Joint Stock Company, plain round rings are traded at around VND96.7 - 100.1 million/tael (buy - sell). At Phu Quy Gold Investment Joint Stock Company, gold rings are traded at VND97.1 - 100.3 million/tael (buy - sell).
At Saigon Jewelry Company Limited, SJC listed the price of SJC gold bars at 97.1 - 100.1 million VND/tael (buy - sell), down 1.7 million VND/tael for buying and down 1,200,000 VND/tael for selling compared to the closing price yesterday.
According to banking and finance experts, currently, the difference between buying and selling prices of domestic gold is quite high, about 3 million VND/tael, pushing the risk of short-term losses to gold buyers.
Domestic gold prices today fell sharply in line with world gold prices. At 10:00 a.m. (Vietnam time), world gold prices were trading at 3,037 USD/ounce, down about 65 USD/ounce in the past 24 hours. If converted according to Vietcombank exchange rate, each tael of world gold costs about 95 million VND/tael.
Thus, this week alone, the world gold price has decreased by 2% compared to last weekend and lost nearly 4.5% compared to the recent record peak. This development also officially ended the 5-week consecutive increase of gold.
Experts say that in the context of the escalating trade war, investors continue to sell off gold to offset losses from other assets, causing gold prices to drop sharply. In addition, the recovery of the USD during the day also put pressure on gold.
Source: https://baolaocai.vn/gia-vang-sang-54-giam-hon-1-trieu-dongluong-post399763.html
![[Photo] "Beauties" participate in the parade rehearsal at Bien Hoa airport](https://vstatic.vietnam.vn/vietnam/resource/IMAGE/2025/4/11/155502af3384431e918de0e2e585d13a)
Comment (0)