| Gold prices fluctuated, SJC gold increased slightly, 999.9 gold rings decreased to 76.50 million VND/tael Gold prices increased sharply, SJC gold surpassed 85.30 million VND/tael |
Gold price domestic
At noon on April 16, the price of SJC gold turned to decrease sharply. Currently, the price of SJC gold at Phu Nhuan Jewelry Joint Stock Company is trading around 82.20 - 84.30 million VND/tael, down 800 thousand VND/tael for buying and down 800 thousand VND/tael for selling compared to yesterday.
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| Gold trading price list at Phu Nhuan Jewelry Joint Stock Company |
The price of SJC gold bars at Bao Tin Minh Chau Company is trading around 81.85 - 84.05 million VND/tael, down 850 thousand VND/tael for buying and down 800 thousand VND/tael for selling compared to yesterday.
At Phu Quy Group, the price of SJC gold bars is currently trading around 81.70 - 84.00 million VND/tael for buying and selling, down 900 thousand VND/tael for buying and down 1.3 million VND/tael for selling compared to yesterday.
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The price of SJC gold bars at Bao Tin Manh Hai Company is trading around 81.80 - 84.20 million VND/tael, down 200,000 VND/tael for buying and down 200,000 VND/tael for selling compared to the previous session.
Contrary to the price of SJC gold, the price of 999.9 gold rings today increased according to each enterprise. Specifically, the price of 999.9 gold rings (24k), the price of Thang Long dragon gold bars, and plain round rings at Bao Tin Minh Chau Company traded at 75.08 - 76.98 million VND/tael for buying - selling, an increase of 900 thousand VND/tael for buying and an increase of 900 thousand VND/tael for selling compared to yesterday.
Thang Long 999.9 (24k) gold jewelry is trading around 74.55 - 76.75 million VND/tael, an increase of 250 thousand VND/tael for buying and 250 thousand VND/tael for selling compared to yesterday.
Similarly, Thang Long Gold Dragon blister rings and Kim Gia Bao blister rings of Bao Tin Manh Hai Company are trading around 75.56 - 77.26 million VND/tael for buying and selling, an increase of 450 thousand VND/tael for buying and an increase of 280 thousand VND/tael for selling compared to yesterday.
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| Gold price traded at Bao Tin Manh Hai |
The price of 999.9 gold is around 74.65 - 76.75 million VND/tael, an increase of 250 thousand VND/tael for buying and 250 thousand VND/tael for selling compared to yesterday's session. The price of 99.9 gold is currently around 74.55 - 76.65 million VND/tael, an increase of 250 thousand VND/tael for buying and 150 thousand VND/tael for selling compared to yesterday's session.
At Phu Quy Group, Phu Quy 999.9 round rings and Phu Quy 999.9 God of Wealth rings are trading around 75.50 - 77.30 million VND/tael, an increase of 150 thousand VND/tael for buying and an increase of 150 thousand VND/tael for selling compared to yesterday.
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| Gold price traded at Phu Quy Group |
24K 999.9 gold is trading around 74.40 - 76.40 million VND/tael, up 150 thousand VND/tael for buying and 150 thousand VND/tael for selling compared to yesterday.
World gold price
In the international market, last night's trading session saw strong fluctuations in precious metal prices, at one point dropping to nearly $2,320/ounce, then rising to nearly $2,390/ounce. By noon today, gold was trading at $2,387/ounce.
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| World gold price chart this afternoon |
Converted according to the USD selling price listed at Vietcombank, this price is equivalent to about 72.7 million VND/tael, an increase of 900,000 VND/tael compared to yesterday morning.
Gold's volatile rise above $2,400 last week could represent the precious metal's highest level of the year as markets adjust to expectations that the Federal Reserve will maintain its aggressive monetary policy for longer than expected, according to a research firm.
Gold prices were also supported by positive economic data from the US. US retail sales rose 0.7% in March, much higher than expected. The increase beat market expectations for a 0.3% increase. This followed a revised 0.9% increase in February, indicating continued strength in US consumer spending. The news helped push the yield on the 10-year US Treasury note up to around 4.65%.
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