On the morning of July 4, gold price dropped below 121 million VND/tael.

Influenced by the international market, on the morning of July 4, the domestic gold price decreased by 400,000 VND/tael, falling below the 121 million VND/tael mark.

Early this morning, the world gold price was trading at 3,330 USD/ounce, down 30 USD compared to the peak in last night's trading session, and down over 30 USD/ounce compared to the same time the previous day.

At nearly 9:00 am, the gold price was 3,332 USD/ounce, converted to about 15.4 million VND/tael lower than the domestic gold price.

Gold price drops. Photo: QT

In the domestic market, businesses listed the price of SJC gold bars at 118.9 million VND/tael (buy) - 120.9 million VND/tael (sell), down 400,000 VND/tael each way compared to the end of yesterday.

The price of gold rings also went down. Saigon Jewelry Company Limited listed the price at 114.2 million VND/tael (buy) - 116.7 million VND/tael (sell).

Bao Tin Minh Chau Company Limited reduced from 116 million VND/tael (buy) - 119 million VND/tael (sell) to 115.8 million VND/tael (buy) - 118.8 million VND/tael (sell).

In the same trend, Phu Quy Group listed at 114.3 million VND/tael (buy) - 117.3 million VND/tael (sell), 200,000 VND/tael lower than the end of yesterday each way.

Previously, on July 3, the price of SJC gold bars increased by 600,000 VND/tael, surpassing the 121 million VND/tael mark. The price of gold rings also moved upward.

Source: https://hanoimoi.vn/sang-4-7-gia-vang-giam-xuong-duoi-moc-121-trieu-dong-luong-707983.html