Gold price increased vertically, 999.9 gold ring sold for 73.54 million VND/tael, buyers made millions in profit overnight

World gold price hits 2,300 USD/ounce, domestic 999.9 gold ring sells for 72.32 million VND/tael World and domestic gold prices both plummet, 999.9 gold ring falls below 72 million VND/tael

Domestic gold price

At noon on April 6, the world and domestic gold prices increased vertically. Compared to yesterday, the SJC gold price increased by 1.2 million VND/tael. Currently, the SJC gold price at Saigon Jewelry Company in Ho Chi Minh City is trading around 79.60 - 82.00 million VND/tael, an increase of 500 thousand VND/tael for buying and 900 thousand VND/tael for selling compared to the closing price yesterday. The buying - selling gap narrowed to 2.4 million VND/tael.

Giá vàng tăng thẳng đứng, vàng nhẫn 999.9 bán ra 73,54 triệu đồng/lượng, người mua lãi tiền triệu sau một đêm

The price at Saigon Jewelry Company in Hanoi is around 79.60 - 82.02 million VND/tael, an increase of 500 thousand VND/tael for buying and 900 thousand VND/tael for selling compared to yesterday's closing price. The difference between buying and selling narrowed to 2.4 million VND/tael.

The price of SJC gold bars at Bao Tin Minh Chau Company is trading around 79.75 - 81.95 million VND/tael, 1 million VND/tael for buying and 1 million VND/tael for selling compared to the previous closing price.

At Phu Quy Group, the price of SJC gold bars is currently trading around 79.70 - 82.00 million VND/tael for buying and selling, an increase of 800 thousand VND/tael for buying and 500 thousand VND/tael for selling compared to yesterday.

The price of SJC gold bars at Bao Tin Manh Hai Company is trading around 79.75 - 81.95 million VND/tael, an increase of 1.1 million VND/tael for buying and 1.2 million VND/tael for selling compared to the previous closing price.

Along with the development of SJC gold price, the price of 999.9 gold rings today also reversed and increased vertically. Specifically, the price of 999.9 gold rings (24k), Thang Long gold dragon gold bars, and plain round rings at Bao Tin Minh Chau Company traded at 72.14 - 73.54 million VND/tael for buying - selling, an increase of 1.4 million VND/tael for buying and an increase of 1.45 million VND/tael for selling compared to yesterday.

Thang Long 999.9 (24k) gold jewelry is trading around 71.60 - 73.20 million VND/tael, an increase of 1.55 million VND/tael for buying and 1.45 million VND/tael for selling compared to yesterday.

Gold price traded at Bao Tin Manh Hai

Similarly, Thang Long Gold Dragon blister rings and Kim Gia Bao blister rings are being traded at Bao Tin Manh Hai Company at around 72.14 - 73.54 million VND/tael for buying and selling, an increase of 1.45 million VND/tael for buying and an increase of 1.4 million VND/tael for selling compared to yesterday's closing price.

The price of 999.9 gold is around 71.70 - 73.20 million VND/tael, an increase of 1.4 million VND/tael for buying and an increase of 1.45 million VND/tael for selling compared to yesterday's closing price. The price of 99.9 gold is currently around 71.60 - 73.10 million VND/tael, an increase of 1.4 million VND/tael for buying and an increase of 1.5 million VND/tael for selling compared to yesterday's closing price.

At Phu Quy Group, Phu Quy 999.9 round rings and Phu Quy 999.9 God of Wealth rings are trading around 72.00 - 73.40 VND/tael, an increase of 1.4 million VND/tael for buying and an increase of 1.45 million VND/tael for selling compared to yesterday.

Gold price traded at Phu Quy Group

24K 999.9 gold is trading around 71.40 - 72.90 million VND/tael, up 1.5 million VND/tael for buying and up 1.5 million VND/tael for selling compared to yesterday.

World gold price

World gold prices increased sharply with spot gold increasing by 38.5 USD to 2,329.2 USD/ounce. Gold futures last traded at 2,349.1 USD/ounce, up 40.6 USD compared to early yesterday morning.

World gold price chart (Source: Kitco)

The world gold price is equivalent to nearly 70.5 million VND/tael if converted at Vietcombank exchange rate, excluding taxes and fees. The difference between domestic and world gold prices has narrowed to about 11 million VND/tael.

In the international market, despite many warnings that gold prices could reverse and decrease after a period of rapid increase, this precious metal continued to rise. Even the closing price of the trading week at 2,330 USD/ounce continued to be a new all-time high for gold prices, after increasing by nearly 40 USD/ounce.

Gold prices surged as speculative buying and central bank buying increased, despite strong US jobs growth in March and a rise in the dollar index.

The US economy added 303,000 jobs last month, according to the US Bureau of Labor Statistics. Experts say that despite the pressure from the jobs data, the yellow metal is strongly supported by safe-haven demand, speculative buying and strong reserve demand from central banks.

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