Non-SJC gold price increased 3 times more than SJC gold

Last week, the world gold price increased quite strongly with a rate of up to 1.7%. However, the SJC gold price only increased very slightly. Meanwhile, the non-SJC gold price increased by 1.1%, recording a growth rate 3 times stronger than SJC gold.

Specifically, at the end of the week, at Bao Tin Minh Chau Gold and Silver Company, SJC gold price stopped at 66.70 million VND/tael - 67.20 million VND/tael, up 280,000 VND/tael, equivalent to 0.42% in buying price and up 220,000 VND/tael, equivalent to 0.33% in selling price.

SJC gold price increased 3 times, SJC gold picture 1 — Last week, the price of non-SJC gold increased 3 times more than SJC gold, but the gap between the two types of gold is still very high. Illustrative photo

Meanwhile, the price of Thang Long Dragon gold increased by 640,000 VND/tael for buying, equivalent to 1.2% for buying, and increased by 640,000 VND/tael for selling, equivalent to 1.1% compared to the end of last week to 55.97 million VND/tael - 56.82 million VND/tael.

However, the difference between the two types of gold is still extremely high: 10.73 million VND/tael for buying and 10.38 million VND/tael for selling.

At Phu Nhuan Jewelry Company, the same thing is happening. At the end of the week, SJC gold price in Phu Nhuan closed at: 66.75 million VND/tael - 67.30 million VND/tael; PNJ gold price traded at: 56 million VND/tael - 57.10 million VND/tael.

Sacombank -SBJ Company listed the price of SJC gold at: 66.70 million VND/tael - 67.40 million VND/tael; the price of 1-tael of various types of Gold Loc (God of Wealth, Lucky Bag, Gourd, Bodhi Leaf, Quy Linh, Gold Bar, Song Ngu, Trao Yeu Thuong...) closed the week at: 55.51 million VND/tael - 58.41 million VND/tael.

This is not the first time that non-SJC gold has increased more than SJC gold. Since the beginning of 2023, non-SJC gold has been quietly rising, narrowing the gap between the two precious metals. At the end of 2022, non-SJC gold was 13.5 million VND/tael more expensive than SJC gold.

Source