Oil prices cool down; gold rises by 300,000 VND/ounce.

Gold price increased by 300,000 VND/ounce.

Survey conducted at 5:00 AM on January 27, 2024.YellowDomestic gold prices reversed course and increased by as much as 300,000 VND/ounce for both buying and selling, while world gold prices remained stable. Prices on the trading floors of several companies are as follows:

DOJI lists the price of 9999 gold at 73.90 million VND/ounce for buying and 76.75 million VND/ounce for selling.

Meanwhile, at Mi Hong Gold and Gemstone Company, the price is listed at 75.10 - 75.90 million VND/ounce (buying price - selling price).

At Bao Tin Minh Chau Co., Ltd., the price of SJC gold is also being traded at 74.35 - 76.65 million VND/ounce (buying price - selling price).

According to Kitco, the spot price of gold in the world market at 5:00 AM Vietnam time today was $2,018.595 USD/ounce, a difference of $0.89 USD/ounce compared to yesterday's price. Converted using the current exchange rate at Vietcombank, the world gold price is approximately VND 59.165 million/ounce (excluding taxes and fees). Therefore, the price of SJC gold bars is still VND 15.135 million/ounce higher than the international gold price.

Japanese Yen continues to depreciate.

Japanese Yen exchange rateToday, January 27th, prices continued to fall, specifically as follows:

At Vietinbank, the Yen exchange rate decreased by 0.1 dong in both buying and selling directions, equivalent to 162.52 VND/JPY and 172.22 VND/JPY respectively.

At Eximbank, the buying and selling rates decreased by 0.17 VND, reaching 164.12 VND/JPY and 168.80 VND/JPY respectively.

At Techcombank, the Japanese Yen exchange rate decreased by 0.12 VND on the buying side and 0.13 VND on the selling side, reaching 159.94 VND/JPY and 170.96 VND/JPY respectively.

At Sacombank, the Japanese Yen exchange rate decreased by 0.08 VND on the buying side and 0.09 VND on the selling side, corresponding to rates of 164.73 VND/JPY and 169.79 VND/JPY respectively.

At the National Bank, the Japanese Yen exchange rate is 162.60 VND/JPY for buying and 169.48 VND/JPY for selling (corresponding to a decrease of 0.15 VND for buying and 0.14 VND for selling).

At HSBC Bank, the Japanese Yen exchange rate increased by 0.61 VND on the buying side and 0.63 VND on the selling side, reaching 161.41 VND/JPY and 169.57 VND/JPY respectively.

Global oil prices have cooled down.

On the global market,gasoline pricesToday, January 27th, the downward trend from the previous session continued.

According to data from Oilprice, at 8:31 PM on January 26th (Vietnam time), Brent crude oil was trading at $81.88 per barrel, down $0.55, or 0.67%, from the previous session. WTI crude oil was trading at $76.6 per barrel, down $0.76, or 0.98%, from the previous session.

According to analysts, oil prices are falling due to profit-taking pressure from investors.

Selling pressure intensified sharply in the oil market after two consecutive sessions of strong gains.

In addition, the drop in oil prices is also due to signs that disruptions to oil supply in the Red Sea may ease.

Domestic coffee prices are approaching 76,000 VND/kg.

Domestic coffee prices, updated at 4:12 AM on January 27th, continued their high upward trend, increasing by approximately 500-600 VND/kg and reaching a new peak, approaching 76,000 VND/kg. Currently, the average coffee price in the Central Highlands provinces is 75,400 VND/kg, with the highest purchase price in Dak Nong province at 75,700 VND/kg.

Specifically, the purchase price of coffee in Gia Lai and Kon Tum provinces is 75,400 VND/kg; in Dak Nong, coffee is purchased at the highest price of 75,700 VND/kg.

The price of bulk green coffee beans (green coffee beans, fresh coffee beans) in Lam Dong province is being purchased at 74,900 VND/kg.

In Dak Lak province today, in Cu M'gar district, coffee is being purchased at 75,400 VND/kg, while in Ea H'leo district and Buon Ho town, it is being purchased at the same price of 75,500 VND/kg.