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SJC gold bar price hits new peak, surpassing 107 million VND/tael

On the morning of April 14, 2025, the price of SJC gold bars continued to increase strongly, surpassing the peak of last weekend and setting a new record - 107 million VND/tael, even though the world gold price decreased slightly.

Báo Bến TreBáo Bến Tre14/04/2025

At around 9:30 a.m., SJC, PNJ and Bao Tin Minh Chau companies simultaneously increased the price of SJC gold bars to 104.5 million VND/tael (buy) and 107 million VND/tael (sell), an increase of 1.5 million VND for buying and 500,000 VND for selling compared to the end of last week.

Phu Quy Group listed the buying and selling prices at 103 million VND/tael and 107 million VND/tael, up 500,000 VND each way. Mi Hong Gold Shop (Ho Chi Minh City) increased the buying price by 300,000 VND and the selling price by 800,000 VND, trading at 104.3 million VND/tael for buying and 106.3 million VND/tael for selling.

9999 gold rings also continued to increase. Bao Tin Minh Chau quoted prices at 102.1 - 105.6 million VND/tael (up 500,000 VND each way). PNJ traded at 101.8 - 105 million VND/tael, up 600,000 VND for buying and 100,000 VND for selling. Phu Quy increased 200,000 VND each way, listed at 101.6 - 105.1 million VND/tael. SJC adjusted down 100,000 VND for buying but increased 400,000 VND for selling, quoted at 101.8 - 104.8 million VND/tael.

Currently, 9999 gold rings are about 1.8 - 2.2 million VND/tael lower than SJC gold bars.

On the international market, the spot gold price on Kitco on the morning of April 14 (Vietnam time) was at 3,234.6 USD/ounce, down slightly by 2 USD compared to the session last weekend. Converted at the current exchange rate, the world gold price is equivalent to about 101.3 million VND/tael, 5.7 million VND/tael lower than SJC gold bars and 3.7 - 4 million VND/tael lower than 9999 gold rings.

Last week, the world gold price increased by 6% - the strongest increase since March 2020, after reaching a historical peak of nearly 3,247 USD/ounce last Friday. Unpredictable developments related to former US President Donald Trump's tariff policy and geopolitical tensions caused investors to flock to gold as a safe haven.

According to a survey by Kitco News, 94% of experts predict that gold prices will continue to increase in the near future, only 6% think that gold will move sideways...

According to Nhung Nguyen (SGGP Newspaper)

Source: https://baodongkhoi.vn/gia-vang-mieng-sjc-lap-dinh-moi-vuot-moc-107-trieu-dong-luong-14042025-a145154.html


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