Gold price increased over 70 million/tael

On this morning (April 18), the gold price of 9999 was adjusted continuously by gold and silver trading companies.

Specifically, at 9:07 am on April 18, the price of 9999 gold was listed by Saigon Jewelry Company Limited (SJC) in Hanoi market at the price of 69.35 million VND/tael (buy in) and 69.97 million dong/tael (sold out), an increase of 150 thousand dong in the buying afternoon and 100 thousand dong in the selling afternoon compared to the end of yesterday’s session.

At the same time, Doji Jewelry Group also adjusted the selling price of 9999 gold to increase sharply, to 69.30 million VND/tael (buy in) and 69.9 million VND/tael (sold out).

Less than 20 minutes later, the gold price of 9999 continued to be adjusted in the upward direction to the mark of 70 million dong/tael.

Accordingly, at 9:25 am, gold price 9999 was listed by SJC at 69.4 – 70.02 million dong/tael (buy in – sell out), an increase of 200,000 dong/tael in the buying afternoon and 150,000 dong/tael in the selling afternoon compared to the end of the week. via.

And Doji Jewelry Group Joint Stock Company listed the price of 9999 gold at 69.35 – 69.95 million dong/tael (buying in – selling out), an increase of 350,000 dong/tael in the buying afternoon and 300,000 dong in the buying afternoon. /volume in the selling afternoon compared to last week’s session.

The price of SJC gold bar at Bao Tin Minh Chau Co., Ltd at 9:25 am traded at 69.33 – 69.9 VND/tael (buy in – sell out), an increase of 180,000 VND and 150,000 VND per tael, respectively. with the closing session last weekend.

After that, the gold price of 9999 of gold trading enterprises across the country has exceeded 70 million VND/tael.

Thus, the price of gold 9999 of SJC has now increased by 350 thousand dong in the buying afternoon and 300 thousand dong in the selling side compared to the end of yesterday’s session.

The price of SJC gold bars at Bao Tin Minh Chau Co., Ltd at 10:35 am traded at 69.55 – 70.10 VND/tael (buy in – sell out), an increase of 400,000 VND and 350,000 VND per tael compared to the closing price. session last week.

World gold price movement

Meanwhile, in the world market, the gold price this morning rose quite strongly. At 9:12 am today (April 18, Vietnam time), the world spot gold price stood around the threshold of 1,985.6 USD/ounce, up 11.4 USD/ounce compared to last night.

The price of gold for June delivery on Comex New York floor was at 1,989.4 USD/ounce, up 14.5 USD/ounce compared to last night.

However, near noon, the upward momentum of the world gold price seemed to have leveled off. At 10:46 am today (April 18, Vietnam time), the world spot gold price stood around the threshold of 1,984.6 USD/ounce.

The price of gold for June delivery on the Comex New York exchange was at $197.7 per ounce.

Experts said that the gold price increased in the context of the continuous strengthening of the USD price. Besides, the rising inflation and the war in Ukraine not cooling down also supported the gold price.

Converted at the free USD exchange rate excluding taxes and fees, the domestic gold price is currently nearly 15 million dong/tael more expensive than the world gold price.

According to Vietnamnet