At the beginning of the week, gold price rebounded to a record level of nearly 125 million VND/tael - Cao Bang Electronic Newspaper

On Monday morning, August 18, the domestic gold price increased by VND200,000/tael, approaching VND125 million/tael. Gold trading enterprises listed the price of SJC gold bars at VND123.7 million/tael (buy) - VND124.7 million/tael (sell), an increase of VND200,000/tael each way compared to the end of last week.

People buy gold at Kim Tin Gold and Gemstone Group, Thuc Phan ward. (Photo by Vu Tiep)

For gold rings, Phu Quy Group listed the price at 116.5 million VND/tael (buy) - 119.5 million VND/tael (sell), 100,000 VND/tael higher than last weekend each way.

Saigon Jewelry Company Limited increased by VND200,000/tael each way, to VND116.8 million/tael (buy) - VND119.3 million/tael (sell).

In the same trend, Phu Nhuan Jewelry Joint Stock Company increased by VND 200,000/tael (buying price) and VND 300,000/tael (selling price), to VND 116.8 million/tael (buying price) - VND 119.8 million/tael (selling price).

The buying-selling price range is commonly set by businesses at 1-3 million VND/tael.

On the international market, this morning the gold price increased slightly by nearly 5 USD/ounce, to 3,341 USD/ounce, converted to be about 18.9 million VND/tael lower than the domestic gold price.

According to Kitco's survey of gold prices this week with the participation of 10 analysts, the number of people predicting gold prices to increase and the number of people predicting prices to decrease is 1; 8 people see prices going sideways.

An online survey of 183 retailers found that 63% expected prices to rise, 18% expected them to fall, and the remainder expected them to stay the same.

In Cao Bang : The price of round gold rings pressed in blisters of Kim Tin Dragon Gold 999.9 at the same time was traded at: 109.02 - 112.58 million/tael (buy - sell), stable in both buying and selling compared to the price at the end of last week.

SJC gold price at Kim Tin is trading at: 122.00 - 125.50 million/tael (buy - sell).

Gold prices increased sharply at the beginning of the week. SJC gold jumped to a historical peak of 125 million per tael. The highest level ever. The last two sessions of the week saw a large number of transactions. The increase in gold created conditions for the demand to buy gold for investment and storage to increase.

At Kim Tin Gold and Gemstone Group , the number of customers is still crowded. The item of Kim Tin Dragon Gold Ring is still the most popular and traded item in the last two sessions of the week.

Source: https://baocaobang.vn/dau-tuan-gia-vang-bat-tang-tro-lai-muc-ky-luc-sat-moc-125-trieu-dong-luong-3179555.html