Gold bars and gold jewelry prices fluctuate during the morning trading session

During the first two hours of the morning trading session on April 15, buy and sell prices for SJC gold bars at major networks were adjusted upward three times. At the opening, prices increased by 2.5 million dong per tael on both the buy and sell sides, quoted at 173 million–175.5 million dong per tael.

After that, prices moved in the opposite direction with three consecutive declines. By 10:30, the buy price stood at 171.5 million dong and the selling price at 174.5 million dong per tael. Compared with the closing prices on April 14, buy and sell prices for SJC bullion rose by 1 million dong per tael and 1.5 million dong per tael, respectively.

Prices across major brands

The 171.5–174.5 million dong per tael range was also listed at PNJ, up 1 million dong per tael on the buy side and 1.5 million dong per tael on the sell side.

During the morning session on April 15, selling prices of SJC bullion at enterprises rose more than buying prices, widening the buy-sell gap. The largest gap belonged to Bao Tin Minh Chau and Phu Quy at 3.5 million dong per tael, up 500,000 dong per tael. Meanwhile, Mi Hong had the smallest gap at 2 million dong per tael.

Bao Tin Minh Chau and Phu Quy quoted buy/sell prices for SJC bullion at 171 million–174.5 million dong per tael.

At DOJI, buy and sell prices for SJC bullion after two hours of opening rose by 1.5 million dong per tael and 2 million dong per tael, respectively. DOJI listed buy and sell for SJC bullion at 171.5 million–174.5 million dong per tael.

As of 10:30, Bao Tin Manh Hai quoted buy price at 172.5 million dong per tael and sell at 175.5 million dong per tael, up 2.5 million dong per tael on each side.

Southern market movements

In the southern area, after one rise and three declines in the first two hours, SJC bullion at Mi Hong rose by 800,000 dong per tael on the buy side and 1.2 million dong per tael on the sell side. By 10:00, the brand priced the bullion at 171.5 million–173.5 million per tael (buy–sell).

Ngoc Tham posted the lowest SJC bullion price in the market at 171 million–174 million dong per tael (buy–sell). Compared with the closing price on April 14, buy and sell prices at this brand rose by 500,000 dong per tael and 1 million dong per tael, respectively.

SJC ring bullion 9999 (4-number-9)

The buy and sell price for SJC ring bullion 9999 (4-number-9) at Bao Tin Minh Chau surged by 2 million dong per tael on opening, quoted at 172.7–175.2 million per tael.

Two hours after opening, buy and sell prices for the 4-number-9 ring bullion at Bao Tin Minh Chau declined by 1 million dong per tael on each side, to 171–174 million per tael. Similarly, buy and sell prices for 4-number-9 ring bullion at Phu Quy opened at 172–175 million per tael; by 10:30, buys and sells were at 171–174 million per tael.

The most pronounced rise in the morning was recorded for the 9999 ring bullion from Kim Gia Bao at Bao Tin Manh Hai, up 2.3 million dong per tael on both sides, quoted at 172–175 million per tael.

In the southern region, Ngoc Tham showed the smallest adjustment in the morning. After a 500,000 dong per tael rise on April 15, Ngoc Tham’s ring bullion price for 4-number-9 continued to rise by another 500,000 dong per tael on both sides. As of 10:30, this brand quoted 158–162 million per tael (buy–sell).

World gold and price spreads

On the world market, as of 10:30 on April 15, the spot gold price declined by more than 0.3% versus April 14, to 4,825.9 USD/oz.

According to Vietcombank rates (including taxes and fees), the spread between bullion prices and world gold prices commonly stands at 19.58 million dong per tael. For the 4-number-9 ring price, the spread ranges from 7.08 to 20.08 million dong per tael, depending on brand.