Specifically, at 8:50 AM, the price of gold bars at Saigon Jewelry Company (SJC), DOJI Group, and Phu Quy Jewelry Group was listed at 177.2 - 180.2 million VND/ounce (buying price - selling price), an increase of 3.7 million VND/ounce in both buying and selling prices compared to the closing price yesterday.
The price of silver bars listed by Bao Tin Minh Chau Company and Phu Quy Gold, Silver and Gemstone Group is 3.245 - 3.345 million VND/ounce (buying price - selling price), a decrease of 20,000 VND/ounce in the buying price and a decrease of 18,000 VND/ounce in the selling price compared to the closing price yesterday.
On the global market, gold and silver prices recovered in the February 3rd trading session after plummeting from record highs, attracting investors back to the precious metals market.
Spot gold prices surged by as much as 7.1%, surpassing $4,990 per ounce, partially recovering from its sharpest decline in over 10 years. Silver prices rose by more than 12%, trading above $89 per ounce as risk appetite prevailed in the market and the US dollar weakened.