Today’s gold price in the domestic market continued to increase when at the opening of the trading week, SJC gold headed to the milestone of 70 million dong/tael.
At 8:45 a.m. on March 28, domestic businesses opened the trading week and simultaneously listed gold price Today is higher than last week.
SJC gold price in Ho Chi Minh City was bought by listed companies for 68.9 million dong/tael, sold at 69.6 million dong/tael, an increase of 150,000 dong/tael compared to yesterday.
Gold price increased, but the buying-selling difference was still kept at around 700,000 VND/tael, stable for the past few days.
Meanwhile, the price of gold jewelry, 24K gold rings of all kinds tended to be more stable when unchanged compared to yesterday, around 55.2 million VND/tael bought, 56.3 million VND/tael sold out. However, the buying – selling price band was widened to 1.1 million dong/tael, higher than the SJC gold band.
Gold price today in the domestic market increased strongly with SJC gold
Notably, the movement of gold price today in the domestic market is opposite to the downward trend of the world price. Just opened for trading, the world gold price fell to 1,950 USD/ounce, lost about 8 USD/ounce compared to the closing price of last week.
This development was quite unexpected compared to the predictions of analysts and investors. Earlier, in a survey by Kitco, many analysts and investors expected the gold price to increase further after closing the trading week to recover about 40 USD/ounce compared to the end of last week.
Many opinions expect that the gold price can soon regain the area of 2,000 USD/ounce in the context of increasing geopolitical uncertainties, high inflation in many countries and gold is believed to play an important role. safe haven channel.
Currently, the world gold price converted at the listed exchange rate is about 54 million VND/tael, still lower than the SJC gold price of over 15 million VND/tael. Gold price today fluctuated in the opposite direction between SJC gold and the world, causing the gap to widen.
This morning, the central exchange rate was listed by the State Bank around 23,146 VND/USD, down 5 VND/USD compared to yesterday. USD price at commercial banks was traded around 22,725 VND/USD bought, 23,005 VND/USD sold, down 5 VND/USD compared to yesterday.
According to the Workers
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