The domestic market has been on vacation for a long time, but some companies continue to adjust the prices of gold upwards. More specifically, the company Bao Tin Minh Chau (Hanoi) bought GRO GOLRS SJC at 118.3 million VND/TAEL and sold them to 121 million VND, an increase of 200,000 VND in the purchase price compared to yesterday. The sale price of SJC gold ingots has not changed after a week. The sale price of 121 million VND/Tael was also maintained by Saigon Jewelry Company – SJC throughout the week.
Even if the price of gold does not change, buyers will immediately lose more than 3 million VND/Tael.
During this time, The price of golden rings number 4-9 SJC also remained unchanged after a week, being purchased for 114 million VNDs and sold for 116.5 million VNDs. Bao Tin Minh Chau was bought alone at 116.6 million VNDs and sold at 119.7 million VND, a drop of 300,000 VND compared to last weekend. The difference in purchase and sale price of gold rings in Bao Tin Minh Chau is 3.1 million VND/Tael, the highest level of the market. It makes you lose 3.1 million VND per day to golden rings buyers.
The world price of gold was 3,239.6 USD/OCE at the end of the week, up from USD 21 after a week despite many fluctuations. Converted according to the Vietcombank exchange rate, global gold is equivalent to 102.2 million VND/Tael (excluding taxes and fresh). Thus, each Tael of Lingot d’Or SJC costs almost 19 million more than the world price – a record gap at the end of 2023.
In response to forecasts concerning gold prices next week, many analysts have declared that a downward trend would occur. More specifically, a Kitco News survey attracted the participation of 18 Wall Street analysts, 9 people, representing 50 %, predicted that the price of gold was going to decrease. On the contrary, 5 people, or 28 %, think that gold will go up and the remaining 4 people, 22 %, think that the precious metal will stagnate.
At the same time, an investigation by Main Street conducted with 273 investors Individuals revealed that 143 of them, 52 %, expected an increase in the price of gold. On the contrary, 79 people, or 29 %, think that the price of gold will drop and the remaining 51 investors, 19 %, think that precious metal will evolve laterally.
According to the Thanh Nien newspaper
Source : https://thanhnien.vn/gia-vang-hom-nay-452025-nguoi-mua-vao-se-lo-ngay-3-trieu-dong-mot-luong-185250504073644175.htm
Source : https://euro.dayfr.cam/en/wp-content/uploads/2025/05/Buyers-will-immediately-lose-3-million-VNDs-per-tael.html
