Gold price "plummets", far from 100 million VND mark

(NLDO) - The price of SJC gold bars and 99.99 gold rings this afternoon, March 21, continued to decrease sharply by about 3 million VND/tael compared to this morning.

On the afternoon of March 21, the price of SJC gold bars and gold rings listed by SJC, PNJ, and DOJI continued to plummet.

Specifically, the price of SJC gold bars bought by these companies was 94.7 million VND/tael, sold at 97.7 million VND/tael - respectively decreasing 3.1 million VND and 2.1 million VND/tael compared to the same morning.

Meanwhile, Bao Tin Minh Chau Company sold Thang Long Dragon Gold bars for 98.8 million VND/tael, down 1.6 million VND compared to the morning; bought for 96.2 million VND/tael, down 2.4 million VND.

SJC gold price fluctuations on March 21 Source: SJC

• Each tael of SJC gold "evaporated" millions of dong this afternoon, March 21.

The price of 99.99 gold rings and jewelry gold also dropped sharply this afternoon. Specifically, the price of plain gold rings listed by SJC Company was 94.6 million VND/tael for buying, down 3.1 million VND compared to the morning; and 97.3 million VND/tael for selling, down 2.4 million VND.

Meanwhile, Doji listed the buying price of gold rings at 95.9 million VND/tael, selling at 98.5 million VND/tael; PNJ bought at 96 million VND/tael, selling at 98.5 million VND/tael... - higher than the buying and selling price of SJC Company by about 1.5 million VND/tael.

Domestic gold prices have sharply adjusted despite the world gold price remaining unchanged. At 5 p.m. Vietnam time, the price of this precious metal was trading at $3,030/ounce, stable compared to this morning.

For many people who are about to pay off their debt with gold, this is good news. "The price of gold has skyrocketed in the past few days, making me angry because I owe gold. Now that gold has dropped by 3 million VND/tael, I feel less pressured" - Ms. Thu Hong (living in Ho Chi Minh City) expressed.

Source: https://nld.com.vn/gia-vang-lao-doc-khong-phanh-roi-xa-moc-100-trieu-dong-196250321172124915.htm