SJC gold price hits 107 million VND/tael for the first time

The company listed the price of SJC gold bars at VND104.5 million/tael (buy) - VND107 million/tael (sell), an increase of VND1.5 million/tael (buy) and VND500,000/tael (sell) compared to the end of last week. The buying-selling price range decreased to VND2.5 million/tael.

Gold prices increased on April 14. Photo: HT

However, the price of gold rings remained stable or decreased slightly in the selling direction. Specifically, Saigon Jewelry Company Limited sold gold rings of type 1-5 at only 101.8 million VND/tael (buy) - 104.8 million VND/tael (sell), 400,000 VND/tael higher than last weekend (buy) but 100,000 VND/tael lower (sell).

Phu Nhuan Jewelry Joint Stock Company set the price at 101.2 million VND/tael (buy) - 104.9 million VND/tael (sell), unchanged from the end of last week.

On the international market, at nearly 9:00 a.m., the gold price was trading at 3,241.2 USD/ounce, up more than 3 USD/ounce.

Two Kitco surveys of gold prices this week mostly forecast higher prices. According to the survey of 16 experts, 15 predicted higher prices while no one expected lower prices, and one predicted flat prices.

In an online survey of 275 retailers, 69% said prices would increase, 18% said prices would decrease, and the rest said prices would remain stable.

In the foreign exchange market, the State Bank of Vietnam announced the central exchange rate of VND to USD, applicable for April 14, 2025, as 1 USD = 24,886 VND, down 37 VND compared to the end of last week.

BIDV listed the USD price at 25,600 VND (buy) - 25,960 VND (sell), up 50 VND per USD. Vietcombank increased by 40 VND, to 25,600 VND (buy) - 25,960 VND (sell).

Source: https://hanoimoi.vn/gia-vang-sjc-lan-dau-cham-moc-107-trieu-dong-luong-698850.html