According to records, gold prices this afternoon (March 26) increased slightly (100,000 VND/tael in both buying and selling directions) in some brands such as SJC Hanoi and Da Nang; Vietinbank Gold.
Specifically, as recorded this afternoon (March 26), the gold price on the domestic market at 13:39 was listed specifically as follows:
SJC gold price in Hanoi and Da Nang area is 78 million VND/tael purchased and 80.02 million VND/tael sold (an increase of 100,000 VND/tael in the selling direction compared to yesterday).
DOJI gold price in Hanoi and Ho Chi Minh City area is 77.75 million VND/tael purchased and 79.75 million VND/tael sold.
Gold price increased slightly today. Photo: 24h.com.vn
PNJ gold price in Ho Chi Minh City is being bought at 68 million VND/tael and sold at 69.3 million VND/tael. PNJ gold in Hanoi also traded at 68 million VND/tael.
Vietinbank Gold gold price is being bought at 78 million VND/tael and sold at 80.02 million VND/tael (an increase of 100,000 VND/tael in both buying and selling directions compared to yesterday).
SJC gold price at Bao Tin Minh Chau Co., Ltd. was also traded at 77.85 – 79.65 million VND/tael (buy – sell). At Bao Tin Manh Hai, it is being traded at 77.85 – 79.85 million VND/tael (buy – sell).
According to Kitco, the world gold price recorded at 5 a.m. today Vietnam spot time was 2,171.20 USD/ounce. Today’s gold price is 5.89 USD/ounce different from yesterday’s gold price. Converted at the current exchange rate at Vietcombank, world gold costs about 64,067 million VND/tael (excluding taxes and fees). Thus, SJC’s gold bar price is still higher than the international gold price of 13,833 million VND/tael.
TD Securities commodity strategist Bart Melek predicts that gold could easily hit $2,300/ounce or higher in the second quarter as traders who have so far been hesitant to enter the market may more boldly when the possibility of interest rate cuts is confirmed.
KINH NGUYEN