On the morning of May 5, the price of the SJC gold Lingot was listed by SJC at 117.8 million VND/Tael for the purchase and 119.8 million VND/Tael for sale, a drop of 1.5 million VND/Tael compared to the end of last week. This is a fairly sharp drop in the price of gold bars.
However, there are differences between companies. PNJ, Bao Tin Minh Chau and Doji still offer prices for gold ingots around 118.3 million VND/Tael for purchase and 121.3 million VND/Tael for sale.
Likewise, the price of rings and gold jewelry at $ 99.99 also has differences between gold stores. SJC bought gold rings at 112.5 million VND/TAEL and sold them at 115 million VND/TAEL, a drop of 1.5 million VND/TAEL compared to the weekend.
The prices of domestic gold fell this morning
Gold prices on the domestic market have been adjusted downwards following the downward trend in world prices at the end of last week. The price of gold bars and SJC gold rings often decreases more slowly than the world price.
-This morning, the world prices of gold suddenly straightened, unlike forecasts. At 8:45 am Vietnam time, the world price of gold was 3,266 USD/OCE, up around 25 USD/OCE compared to the previous session. However, gold prices are still negotiating below the $ 3,300 ace and well below the historic peak of $ 3,500 per ounce.
Analysts had previously declared that gold prices had continuously dropped in the past two weeks and that they would hardly increase in the short term. However, as soon as the exchanges are opened, the precious metal continued to increase. Gold prices have become unpredictable and volatile recently, following news related to commercial negotiations between the United States and China; American and US dollar economic data.
The USD index is currently negotiated around 99.7 points, straightening considerably during last week. The world price of gold converted to the indicated exchange rate is around 103.2 million VND/Tael.
The price of SJC gold ingots highly fluctuated last week
Source : https://nld.com.vn/gia-vang-hom-nay-5-5-vua-mo-cua-gia-vang-mieng-sjc-giam-manh-19625050508554228.htm
