SJC gold price suddenly increased to the highest level in 2 months

After the State Bank adjusted the selling price of SJC gold bars to 5 designated units, the price of SJC gold bars on the market immediately increased sharply to 80 million VND/tael. This is the highest price of SJC gold bars in the past 2 months, since the State Bank intervened in the gold market.

At 11am today (August 13), Saigon Jewelry Company listed the price SJC gold bars 78 - 80 million VND/tael for buying and selling, an increase of 1.5 million VND/tael in both buying and selling directions compared to early this morning.

4 bank State-owned enterprises and gold trading enterprises such as DOJI Gold and Gemstone Group, Bao Tin Minh Chau, Phu Quy... also adjusted the selling price of SJC gold bars to 80 million VND/tael.

The threshold of 80 million VND/tael is also the highest selling price on the market since State Bank gold price has been stable since the beginning of June. According to regulations, 4 state-owned banks and SJC are allowed to sell at a maximum difference of 1 million VND compared to the price they buy from the State Bank. Thus, the selling price from the management agency to business units is about 79 million VND/tael this morning.

SJC gold bar price is the highest in the past 2 months.

Price difference buy and sell Gold bars are still maintained by businesses at 2 million VND/tael, which means that gold bar buyers will immediately lose at this level.

The increase of nearly half a million VND per tael is also happening with gold rings. Saigon Jewelry Company listed the price of round rings at 76.6 - 77.9 million VND/tael, an increase of 300,000 VND in both buying and selling compared to this morning.

DOJI Group, Phu Quy Group, Bao Tin Minh Chau and Mi Hong are all increasing in price. gold plain round ring added 200,000 - 300,000 VND/tael, pulling the transaction price of this item very close to the selling price of 78 million VND/tael.

Gold price domestic adjusted sharply according to world prices. Currently world gold price at 2,462 USD/ounce, equivalent to 76 million VND/tael.

Currently, SJC gold bars are about 4 million VND/tael higher than the world gold price. The State Bank still affirms that it will continue to take measures to narrow the gap between domestic and international gold prices. world.

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