SJC gold bar price falls below 121 million VND/tael - Photo: THANH HIEP
SJC gold bar price decreased by 400,000 VND/tael
At the end of today, July 4, the world gold price slightly decreased to 3,335 USD/ounce. Converted according to the exchange rate listed at the bank, the world gold price is equivalent to 105.95 million VND/tael.
Compared to yesterday, the world gold price has decreased by about 8 USD/ounce, equivalent to 254,000 VND/tael.
Saigon Jewelry Company (SJC) listed the price of SJC gold bars at 120.9 million VND/tael (sell) and 118.9 million VND/tael (buy), down 400,000 VND/tael compared to yesterday.
The selling price of 9999 gold rings at SJC Company also decreased to 116.8 million VND/tael, buying price 114.3 million VND/tael, down 200,000 VND/tael.
Similarly, PNJ and Bao Tin Minh Chau also reduced the selling price of gold bars to the same price as SJC gold bars sold at SJC Company.
At Mi Hong gold shop, the selling price of SJC gold bars decreased to 120.7 million VND/tael, buying price 119.7 million VND/tael, down 300,000 VND/tael for selling and 100,000 VND/tael for buying.
Currently, the difference between buying and selling prices of SJC gold bars is 2 million VND/tael.
Compared to the converted world gold price, the price of SJC gold bars is 14.95 million VND/tael higher, while the price of 9999 gold rings is 10.85 million VND/tael higher.
USD price increased to the limit and then turned down
Today, the State Bank announced the central exchange rate at 25,116 VND/USD, an increase of 25 VND/USD compared to yesterday. With a margin of +/-5%, commercial banks are allowed to buy and sell USD in the range of 23,860 - 26,371 VND/USD.
According to records, many banks today listed the USD selling price at the ceiling for the second consecutive day, but banks reduced the USD selling price at the end of the day.
Vietcombank listed the USD selling price at 26,370 VND/USD. However, by the end of the day, Vietcombank reduced the USD selling price to 26,350 VND/USD.
BIDV Bank also increased the USD selling price to near the ceiling, but by the end of the day, the listed USD selling price was 26,350 VND/USD, and the buying price was 25,990 VND/USD.
Eximbank listed the USD buying price at 25,960 VND/USD, and the selling price at 26,340 VND/USD.
In the free market, the USD buying and selling price is at 26,412 - 26,512 VND/USD (buy - sell), an increase of 17 VND/USD compared to yesterday.
Mr. Do Thien Anh Tuan - Fulbright School of Public Policy and Management - commented that the exchange rate has been under pressure to adjust recently due to many factors, such as: the difference in domestic and foreign interest rates, investors' risk-aversion psychology and fluctuations in global capital flows.
"Although the devaluation of the VND helps exports become more competitive, it also leads to increased import costs, especially for essential goods such as input materials, machinery and equipment, thereby creating inflationary pressure spreading in the second half of the year.
In the context of monetary policy needing to be cautious to support growth recovery, strong fluctuations in exchange rates require more harmonious coordination between macroeconomic management tools," said Mr. Do Thien Anh Tuan.
Source: https://tuoitre.vn/gia-vang-di-xuong-gia-usd-tang-het-bien-do-roi-quay-dau-giam-20250704213223794.htm
Comment (0)