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World gold price drops sharply, domestic price remains at 122 million VND per tael

The world gold price dropped sharply to 79 USD after slowing down to nearly 3,500 USD, causing the domestic gold price to drop to 122 million, but this level is still considered 12 million VND higher than the world price.

Báo Bình DươngBáo Bình Dương23/04/2025

Domestic gold prices have dropped to VND122 million but remain high. (Photo: Vietnam+)
Domestic gold price dropped to 122 million VND but remains high.

Opening this morning's session (April 23), two domestic gold brands reversed and dropped sharply by 2-3 million VND following the decline in world gold prices, the central exchange rate turned to increase by 20 VND.

At 9:00 a.m., SJC gold price at Saigon Jewelry Company, Phu Quy Company and Doji were listed at 120-122 million VND/tael, down 2 million VND/tael.

Similarly, the price of gold rings at Phu Quy Company is currently trading at 114-117 million VND/tael (buy-sell), down 3 million VND per tael.

Bao Tin Minh Chau Company announced the price of plain round gold rings from 119-122 million VND/tael (buy/sell), an increase of 1 million VND/tael compared to the previous closing price.

The price of SJC 999.9 gold rings also decreased by 2 million VND per tael, currently trading around 114-117 million VND/tael.

Due to the high price of gold, businesses have left a difference of 2-3 million VND per tael, which puts the risk on the customer.

In the world, the price of gold fluctuated around 3,375 USD/ounce, down 79 USD compared to the peak increase yesterday afternoon. This price is equivalent to 106 million VND/tael when converted according to the USD exchange rate at Vietcombank, lower than the domestic price by 11-13 million VND/tael depending on the enterprise.

This morning, the State Bank listed the central exchange rate on April 23 at 24,897 VND/USD, up 20 VND compared to the previous session. With a margin of +/-5%, Vietcombank bought at 25,751 VND/USD and sold at 26,141 VND/USD, up 26 VND.

Similarly, VietinBank announced from 25,780-26,141 VND, up 20 VND. BIDV Bank increased 10 VND, currently trading around 25,770-26,130 VND/USD.

Meanwhile, Eximbank has no fluctuations, currently trading around 25,750-26,120 VND/USD./.

Vietcombank buys at 25,680 VND/USD and sells at 26,070 VND/USD, down 10 VND.

Meanwhile, BIDV and VietinBank announced from 25,700-26,060 VND, unchanged.

However, Eximbank traded from 25,670-26,050 VND/USD, down 10 VND compared to the previous closing price./.

According to VNA

Source: https://baobinhduong.vn/vang-the-gioi-giam-manh-trong-nuoc-con-122-trieu-dong-moi-luong-a345843.html


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