Summary
- The gold bar market persists with a “stable” selling price of 76.98 million VND/tael.
- Stability is maintained in both buying and selling prices, with a buy-sell difference not exceeding 2 million VND.
- Experts suggest that establishing a gold exchange might reduce the attractiveness of physical gold.
Detailed Content
Recent fluctuations in global gold prices have not been strong enough to change the sideways trend of domestic gold bars. SJC gold bars have been trading sideways for over 30 consecutive days, as the State Bank of Vietnam has not made any moves to adjust the direct selling price since June 7, 2024.
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