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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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Domestic gold prices fell sharply this morning, dropping by 700,000–900,000 dong per tael in line with a decline in world prices. Despite the fall, SJC gold in Vietnam is still about 21.5 million dong per tael higher than the world price, and residents are hoping the gap will narrow.
In the morning session on April 13, both domestic and world gold prices reversed and moved lower, while the central exchange rate rose by 3 dong.
At 9:30 a.m., the world gold price hovered around 4,721 USD/oz, down about 28 USD/oz compared with the same time in the previous session. Converted using Vietcombank’s USD exchange rate, this corresponds to roughly 150 million dong per tael.
At market open, domestic gold prices adjusted downward. Saigon Jewelry Company (SJC), Phu Quy and Doji quoted SJC bullion at 168.5 million dong per tael (buy) and 171.5 million dong per tael (sell), down 900,000 dong per tael from the previous close.
Gold jewelry prices also fell. At Phu Quy, jewelry was traded between 168.5 million dong and 171.5 million dong per tael (buy/sell), down 900,000 dong per tael from April 10. Bao Tin Minh Chau quoted jewelry at 168.5–171.5 million dong per tael (buy/sell), down 700,000 dong from the previous close.
This morning, the spread between bid and ask prices was maintained at 3 million dong per tael by the enterprises.
Currently, the domestic SJC price remains about 21.5 million dong above the world price.
In the foreign exchange market, the State Bank of Vietnam set the central rate at 25,106 dong, up 3 dong from April 10. Commercial banks adjusted accordingly, with Vietcombank posting 26,101–26,361 dong/USD (buy/sell), VietinBank 26,140–26,361 dong/USD, BIDV 26,131–26,361 dong/USD, and Eximbank 26,130–26,361 dong/USD—each up 1 dong from the previous close.
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