SJC gold continues to set records.

Today's gold price (afternoon of April 14th) saw SJC gold set a new record, reaching 107 million VND per tael.

As of noon on April 14th, SJC gold from Saigon Jewelry Company (SJC), DOJI Gold and Jewelry Group, and Bao Tin Minh Chau was simultaneously bought at 104.5 million VND/ounce (an increase of 1.5 million VND/ounce) and sold at 107 million VND/ounce (an increase of 500,000 VND/ounce) compared to yesterday. This is the highest selling price ever recorded for SJC gold.

Meanwhile, Phu Quy Gold and Gemstone Group is buying and selling SJC gold bars at 103 million VND/ounce (an increase of 500,000 VND); and 107 million VND/ounce (an increase of 500,000 VND) compared to yesterday.

PNJ branded gold rings in Hanoi and Ho Chi Minh City are currently being bought at 101.8 million VND/ounce (an increase of 600,000 VND); and sold at 105 million VND/ounce (an increase of 100,000 VND) compared to yesterday.

Gold prices today (afternoon of April 14): SJC gold continues to set records, reaching 107 million VND/ounce. Photo: vietnamnet.vn

Thus, over the past month (from March 14th to April 14th), the domestic gold price increased by 11.2 million VND/ounce for buying and 10.2 million VND/ounce for selling. Accordingly, the buying price of SJC gold increased from 94.3 million VND/ounce to 104.5 million VND/ounce; and the selling price increased from 95.8 million VND/ounce to 107 million VND/ounce.

On the international market, the price of gold has just set a new record high of $3,245 per ounce, becoming a leading safe-haven asset amid geopolitical instability and growing concerns about a global recession. According to the latest survey by Kitco News, financial analysts and individual investors are more optimistic than ever about the prospect of rising prices for the precious metal.

Specifically, 15 out of 16 experts surveyed predicted a price increase this week, none predicted a decrease, and only one opinion suggested the market would remain flat. Regarding individual investors, out of 400 participants in the online survey, 275 (69%) expected gold prices to rise, 18% predicted a decrease, and 13% held a neutral view.

Marc Chandler, Managing Director of Bannockburn Global Forex, commented: "The weakening US dollar has outweighed the impact of high interest rates, pushing gold to new highs. The next target could be $3,300, or even $3,500 per ounce in the medium term."

LINH PHUONG

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Source: https://baodaknong.vn/gia-vang-hom-nay-chieu-14-4-vang-sjc-tiep-tuc-lap-ky-luc-249309.html