Gold Prices Decline at Close of Trading Session

At the close of trading on July 26, Saigon SJC Jewelry Company listed the price of SJC gold bars at 137.5-141.5 million VND/tael (buying - selling) with a difference of 4 million VND/tael between buying and selling prices.

Compared to last week's closing session on July 19, the price of SJC gold bars decreased by 7 million VND/tael on the buying side and by 6 million VND/tael on the selling side. If buyers purchased gold bars at 134.5-138.5 million VND/tael (buying - selling) last week and sold them today, they would lose 10 million VND/tael.

The price of gold rings at DOJI Group was listed at 138.5-142.5 million VND/tael (buying - selling), down 4.8 million VND/tael in both buying and selling directions, with a difference of 4 million VND/tael between the two prices.

According to a survey by a precious metals website, only 22% of experts predict that gold prices will increase next week, while 39% expect them to decrease. However, individual investors are more positive, with 59% expecting an increase in gold prices.