Saigon Jewelry Company – SJC a réduit The price of SJC gold ingots 1.5 million VND per Tael, buying 117.8 million VND, selling 119.8 million VNDs. The company Phu Quy has reduced the price of gold ingots by 700,000 VND by Tael, to 116.8 million VND for purchase and 119.8 million VND for sale … The price of 4 -digit gold rings 9 has also been adjusted by SJC to decrease 1.5 million VNDs per Tael, to 112.5 million VND for purchase and 115 million VND for sale. The company Phu Quy has reduced its prices by 1 million VND/Tael, buying at 113 million VND and selling 116 million VND … The price of the Golden Lingot SJC is greater than the world price, reduced to 16.6 million VND/Tael, the price of the gold ring is greater than 11.8 million VND/Tael.
The price of SJC gold ingots has decreased
The world price of gold has increased sharply by 28 USD/OCE, to reach 3,268 USD/OCE. Prices have always increased by almost 24 % since the start of the year. Despite the selling pressure, gold remains in a strong upward trend. Ole Hansen, head of the Raudes Strategy at Saxo Bank, said that he was buying gold while prices dropped, but warned that prices could still drop. The reason why the price of gold fell to $ 3,200 this week is that Chinese investors started a five -day vacation. Therefore, this person recommends that we are closely monitoring Asian demand this week. Because precious metals will be the reaction of Chinese investors within 24 to 48 hours of their return Tuesday. “Will they panic and sell when the gap will widen, or will they see this as an excellent opportunity to accumulate?” Gold also needs a new catalyst to attract more demand in the West, “said Ole Hansen.
For many analysts, the new catalyst that could trigger a new rise in gold could come from the monetary policy meeting of the American federal reserve this week. American economic data, despite a slowdown, continue to highlight a certain vigor of the recovery. Official labor market data better than expected. The economy created 177,000 jobs last month, going beyond expectations. The unemployment rate remained unchanged at 4.2 % last month and wage growth was relatively stable. Last week’s economic data also showed that inflationary pressures remained stable. This information gives the Fed the possibility of reporting a change in monetary policy this week. The market does not expect the Fed to reduce its interest rates next week, but this decision could send an accommodating signal indicating that a drop in rates is coming.
-In addition to the Fed monetary policy decision, the market will receive other information that affects gold this week, such as the PMI index of ISM services, the monetary policy of the Bank of England and the weekly requests for unemployment benefits in the United States.
According to the Thanh Nien newspaper
Source : https://thanhnien.vn/gia-vang-hom-nay-552025-giam-15-trieu-dong-ngay-sau-ky-nghi-le-185250505083944776.htm
Source : https://euro.dayfr.cam/en/wp-content/uploads/2025/05/decrease-of-15-million-VND-during-the-first-negotiation-session.html
