(PLO)- SJC gold bar has to wait for 6 months to return to this price level, but it is still much lower than the record high it reached early last year, which was over 74 million VND/tael.
On the morning of January 20, the price of SJC gold bars at Saigon Jewelry Company listed at 66.9 – 67.9 million VND/tael, an increase of 100 thousand VND/tael and an increase of 300 thousand VND/tael. sold out compared to the end of yesterday.
Large enterprises such as Phu Nhuan Jewelry Group, Phu Quy Jewelry Group, Bao Tin Minh Chau, DOJI also have similar prices, nearly 68 million VND/tael. This is considered the highest price of SJC gold bar in the past half year.
In mid-June last year, 9999 ring gold dropped to 52.3 million dong/tael, but SJC gold bar resolutely “entrenched” at 68 million dong/tael despite the plunge of world gold price when it dropped to 1,725 area. USD/ounce, the world gold price is equivalent to 49 million VND/tael (excluding taxes and fees). This leads to a higher price of SJC gold bars in the international market by 19 million dong/tael, while 24k gold is more expensive by 3.3 million dong/tael.
Until now, that is, following half a year, only SJC gold bars have the opportunity to return to this price level, the world gold “climbed up” to the area of 1,930 USD/ounce, equivalent to nearly 55 million VND/tael. The difference between SJC gold bars and the world is shortened to only 13 million dong/tael and plain round gold is only regarding 1 million dong/tael more expensive than the world.
Comparing with the same timeline shows that the world precious metal increased by more than 100 USD/ounce, ie the world gold price converted to increase by nearly 3 million dong/tael, the price of SJC gold bar alone might not increase by one dong.
Meanwhile, the price of 9999 gold rings increased from 52.3 million dong/tael and has now risen to 56 million dong/tael, higher than the profit of precious metals in the international market. That is, holding SJC gold bars during the past half year is causing buyers to “lose a lot” compared to 9999 ring gold.
Gold price of 9999 rings ‘flying high’, exceeding 56 million VND/tael
(PLO)- The demand to buy gold at the end of the year has boosted the price of raw gold, 9999 gold increased sharply.
THUY LINH
