Gold price slightly decreased, "waiting" for the results of the FED meeting
Domestic and world gold prices both decreased slightly, "waiting" for the results of the US Federal Reserve (FED) meeting.
Specifically, at 8:00 a.m. on June 15, according to the listing of Saigon Jewelry Company, the price of SJC gold in Ho Chi Minh City decreased by VND100,000/tael compared to the same time yesterday. The current buying price of gold is VND33.90 million/tael; the selling price is VND34.15 million/tael.
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Domestic and world gold prices both decreased slightly |
In Hanoi, the buying and selling price of SJC gold announced by DOJI Group is 34.02 - 34.10 million VND/tael. This price compared to the same time yesterday has decreased by 100,000 VND/tael.
In the world market, the referendum vote in the UK and whether or not the country will leave the EU will be decided next week, which has had a strong impact on gold prices.
In addition, the FED's policy meeting also caused gold prices to fluctuate, and the agency is still "waiting" for the conclusion of this agency on whether to raise or keep the USD interest rate unchanged.
This morning, at 7:00 a.m. (Vietnam time), the spot gold price on Kitco stood at 1,285.8 USD/ounce, equivalent to 0.16% compared to the previous session's close.
Gold price for August 2016 delivery decreased by 1.2 USD/ounce, closing at 1,285.70 USD/ounce on the Comex floor of the New York Mercantile Stock Exchange.
This week, the US Federal Open Market Committee and the Bank of Japan will meet. The FED is expected to be in no rush to raise interest rates, but will signal its future roadmap./.
According to VOV