SJC gold fluctuates frequently to surpass $2,777 per tael

The price of SJC gold price in Vietnam is still not following the law of supply and demand because the market is not connected and in sync with the international market.

Updated at 8:33 am on July 20, Saigon Jewelry Company listed the buying and selling price of SJC gold bars at VND63.3 - VND65.3 million per tael ($2,707 - $2,793), unchanged compared to yesterday's closing. The difference between the buying and selling prices is VND2 million ($85.55)

Phu Quy Group listed the selling price of SJC gold this morning also increased at 63.3 - 65.3 million VND/tael ($2,707 - $2,793). DOJI Group listed the selling price at 63.5 - 65.5 million VND/tael ($2,716 - $2,801)

At the same time, the price of gold on Kitco traded around the $1,706 mark per ounce. Closing yesterday on the US market, the gold contract in August 2022 dropped $0.5, fixed at $1,709.7/ounce.