(NLDO) – Not plummeting after God of Wealth Day like previous years, the price of SJC gold bars and gold rings after the 10th of this year remained at a very high level.
On the morning of February 8, one day after the God of Wealth's day, the price of SJC gold bars was listed by SJC, PNJ, DOJI, and Bao Tin Minh Chau companies at VND86.8 million/tael for buying and VND90.3 million/tael for selling, stable compared to the end of the previous day.
Similarly, the price of 24K gold rings and jewelry gold also remained around VND86.8 million/tael for buying and VND89.9 million/tael for selling. If calculated during and after God of Wealth Day, the price of SJC gold bars and gold rings increased quite strongly.
The difference between buying and selling prices is up to 3.5 million VND/tael.
For each successfully traded SJC gold bar, the gold business will "pocket" 3.5 million VND in price difference, much higher than the average difference of about 1 million VND/tael in previous days.
Gold rings of type 1 are chosen by many people to buy on God of Wealth day.
This development is contrary to previous years, when domestic gold prices often plummeted on the afternoon of God of Wealth Day and continued to be adjusted down sharply in the following days. Domestic gold prices often decrease after God of Wealth Day when people's demand for gold decreases.
The difference in gold price fluctuations this year surprised many investors, as many shared that they waited for gold prices to decrease after Than Tai to buy.
According to analysts, the price of SJC gold bars and gold rings continues to maintain high levels because in the international market, precious metals continue to reach new peaks.
During the weekend session, there was a time when gold prices set a new historical peak of 2,884 USD/ounce before cooling down again.
At the end of the week, gold price today closed at 2,860 USD/ounce, unchanged from the previous session and holding the all-time peak for many consecutive days.
If calculated from the beginning of 2025 until now, the precious metal has increased by about 260 USD/ounce, despite a shining year 2024 with the highest growth rate in the past decade.
At the same time, the current world gold price converted according to the listed exchange rate is about 87.8 million VND/tael, only about 2.1 million VND/tael lower than the price of 24K gold rings and only 2.5 million VND/tael lower than the price of SJC gold bars. This is also the difference between domestic and world gold prices narrowing to a record level in many years.
Source: https://nld.com.vn/gia-vang-tiep-tuc-gay-bat-ngo-sau-ngay-than-tai-196250208093126411.htm
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