Domestic gold price
At the end of the trading session on March 13, the domestic 9999 gold price was listed by SJC and Doji Jewelry Group in the order of buying and selling as follows:
SJC Hanoi: 78,200,000 VND/tael – 80,720,000 VND/tael
Hanoi Doji: 78,000,000 VND/tael – 80,500,000 VND/tael
SJC Ho Chi Minh City: 78,200,000 VND/tael – 80,700,000 VND/tael
Doji Ho Chi Minh City: 78,000,000 VND/tael – 80,500,000 VND/tael
International gold price
By 7:30 p.m. March 13 (Vietnam time), today’s spot gold price on the world market increased to 2,165 USD/ounce. Gold delivered in April 2024 on the Comex New York floor is at 2,172 USD/ounce.
World gold price on the night of March 13 is about 4.9% higher (102 USD/ounce) compared to the end of 2023. World gold price converted to USD bank price is 65.4 million VND/tael, including taxes and fees, about 15.3 million VND/tael lower than the domestic gold price as of late afternoon on March 13.
In the trading session on March 13, the price of SJC gold bars decreased by about 2.1 million VND/tael sold and decreased by 2.6 million VND/tael purchased compared to the previous session, down to 80,000 VND/tael respectively. 7 million VND/tael and 78.2 million VND/tael.
The price of gold rings evaporated by about 2.7-2.8 million VND/tael compared to March 11, down to 66.55 million VND/tael (buy) and 68.15 million VND/tael (sell), with gold Bao Tin Minh Chau’s ring.
The risk with SJC gold bars is reduced when the difference in domestic gold price with the converted world gold price is only 15.3 million VND (calculated according to bank exchange rate), compared to the difference of 17 million VND/tael in the December 12 session. 3.
However, according to plan, in the first quarter, the State Bank will announce assessments of Decree 24/2012 on gold market management and take measures to stabilize this market.