Gold prices suddenly bounce back to reach VND80 million

VOV.VN - After standing still for 45 consecutive days, the opening session on the morning of July 18 saw Saigon Jewelry Company (SJC) gold bar prices rebound, reaching VND80 million per tael.

This comes as at 9 a.m. (local time) buying and selling prices for gold bars quoted by both SJC and Doji stood at VND78.50 million and VND80 million per tael, respectively, marking an increase of VND3 million per tael compared to the previous session.

Furthermore, SJC gold prices at the Phu Quy Gold Joint Stock Company also increased by VND3 million per tael to reach VND78.50 million and VND80 million per tael for buying and selling, respectively.

Meanwhile, the domestic price of gold rings saw a drop, reaching VND77.6 million per tael.

Phu Quy Gold Joint Stock Company bought and sold gold rings at VND76.30 million and VND77.60 million per tael, marking a decrease of VND100,000 over the previous session.

Gold ring prices at the Bao Tin Minh Chau Co., Ltd. were traded at VND76.33 million and VND77.63 million for buying and selling, a figure of VND30,000 per tael lower compared to the previous session.

Globally, gold prices stood at around US$2,463 per ounce, down by about US$14 compared to the previous trading session.

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