The price of gold falls sharply, a day after jumping nearly 70 million VND/tael

, The price of gold falls sharply, a day after jumping nearly 70 million VND/tael

As of 3:30 p.m. today (March 9), gold has decreased by more than 6 million dong/tael. The domestic gold price is at 68-69.7 million VND/tael, while the international gold price is 2,050 USD/ounce.

Domestic gold price suddenly dropped more strongly in this afternoon session.

As of 3:30 p.m. on March 9, the domestic gold price has decreased by more than 4 million dong/tael compared to the peak set yesterday morning.

Specifically, Phu Nhuan Jewelry currently listing the price of SJC gold bars is only 68-69.7 million VND/tael.

Bao Tin Minh Chau also fell sharply to 67.7-69.8 million VND/tael.

Thus, for investors who bought yesterday morning, up to now, they have lost more than 6 million VND/tael if sold.

The international gold price still maintains the high zone around 2,050 USD/ounce. Accordingly, the difference between domestic and international gold prices narrowed to about 13 million VND/tael (excluding taxes and fees).

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@ Cafef

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