World gold prices VN access

 

The same day, the world gold price increased $ 1,239 / ounce (up 8 USD / ounce compared to 24.2 days). USD price calculated according to the Bank for Foreign Trade VN (Vietcombank) 22350-22380 VND / USD, gold equivalent 33.38 million / tael. This is an entirely different evolution compared to many years ago, when the price of SJC gold higher world gold prices remain at 2-3 million / tael. Even at the end of 2011, the difference at times to 5 million / tael. People lined up to buy gold snake dragon pushing arbitrage buying - selling as well as domestic prices and world more distant.

One of the features in the gold market price of gold is 25.2 days 4 No. 9 on the raw materials market fell from 32 million / tael to 32.8 million / tael lower than the world price of 500,000 to convert 1.3 million / tael. The price to buy gold rings 4 No. 9 of the Company Limited Saigon Jewelry - SJC at 32.88 -33.07 million / tael (lower world prices -420 000 300,000 dong / tael), gold women page 4 of 9 can buy at the price from 32.68 to 32.77 million / tael (lower world prices VND620,000 / tael).

The reason for the price difference is due to shortened domestic gold prices recently rose less than the increase of the world price. Compared with the beginning of February, the world gold price increased by 110 USD / ounce (equivalent to 3 million / tael), but the price of SJC gold rose only 780,000 VND / tael.

Nguyen Thanh Long, chairman of Gold Business Association VN, assessment: "The spread of gold and foreign shortening of 400,000 dong / tael quite unexpected. Gold price is quite reasonable when domestic prices getting close to foreign rates. " Tran Thanh Hai, Chairman of JSC investment and trade in gold VN (VGB), they see it as "the most ideal level for many years."

Mr. Hai commented gold price spread at home and abroad shortened to 10 times more than previous shows Decree 24 on the management of the gold market has worked.

Investors no longer care much about gold, gold Pay holder instead of interest-bearing bank deposits, previously easy but SJC gold selling is now trading difficult time, especially to distinguish one word yellow or 2 letters ...

This makes the cost of investing in gold more expensive. But according to Mr. Hai, in terms of efficiency, the "need to reconsider". In the current population endures hundreds of tons of gold and the price that people outweigh the current price of about 10 million / tael, at over 40 million / tael.

Many have single hole and double hole when holding gold. Therefore, gold is no longer attractive to them. Besides, even though gold prices were lower than the prices of raw materials the world, but according to Mr. Hai, the business is still difficult to export gold jewelery exports were calculated as the rate of 2% from mid-2015 rather than 0% before.

Positive aspects of the domestic gold price is lower than the world price of gold was smuggled not. Do not disrupt the gold market as well as market rates as has happened many times before.