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Gold price today August 16: World gold increased by more than 10 USD

Hung CuongDNUM_BGZAIZCACE 05:30

Gold price today August 16, 2024: The price of 9999 gold rings dropped sharply by 150 thousand VND per tael. Meanwhile, the world gold price increased by more than 10 USD/Ounce to reach 2,455.8 USD/ounce.

Gold price today 8/16/2024

At the time of survey at 5:00 a.m. on August 16, 2024, the gold price on the trading floors of some companies was as follows:

DOJI listed the price of 9999 gold today at 76.55 million VND/tael for buying and 77.75 million VND/tael for selling. A decrease of 150 thousand VND/tael for both buying and selling.

At Mi Hong Gold and Gemstone Company, the price of Mi Hong gold at the time of survey listed the price of SJC gold at 79-80 million VND/tael (buy - sell).

SJC gold price at Bao Tin Minh Chau Company Limited is also traded by the enterprise at 78-80 million VND/tael (buy in - sell out). Meanwhile, at Bao Tin Manh Hai, it is being traded at 78-80 million VND/tael (buy in - sell out).

Giá vàng hôm nay ngày 16/8/2016: 'Mỏi mắt' chờ giá vàng bứt phá - MVietQ

The latest gold price list today, August 16, 2024 is as follows:

Gold price today
August 16, 2024
(million dong)
Difference
(thousand dong/tael)
Buy
Sell
Buy
Sell
SJC in Hanoi
78
80
-
-
DOJI Group
78
80
-
-
Red Eyelashes
79
80
-
-
PNJ
78
80
-
-
Vietinbank Gold
-
80
-
-
Bao Tin Minh Chau
78
80
-
-
Bao Tin Manh Hai
78
80
-
-
1.DOJI- Updated: 08/16/2024 04:30 - Source website time - ▼/▲ Compared to yesterday.
TypeBuySell
AVPL/SJC HN78,00080,000
AVPL/SJC HCM78,00080,000
AVPL/SJC DN78,00080,000
Raw material 9999 - HN75,900▼150K76,700▼150K
Raw material 999 - HN75,800▼150K76,600▼150K
AVPL/SJC Can Tho78,00080,000
2.PNJ- Updated: 08/16/2024 04:30 - Source website time - ▼/▲ Compared to yesterday.
Type
BuySell
HCMC - PNJ76,500▼100K77,790▼110K
HCMC - SJC78,00080,000
Hanoi - PNJ76,500▼100K77,790▼110K
Hanoi - SJC78,00080,000
Da Nang - PNJ76,500▼100K77,790▼110K
Da Nang - SJC78,00080,000
Western Region - PNJ76,500▼100K77,790▼110K
Western Region - SJC78,00080,000
Jewelry gold price - PNJ76,500▼100K77,790▼110K
Jewelry gold price - SJC78,00080,000
Jewelry gold price - SoutheastPNJ76,500▼100K
Jewelry gold price - SJC78,00080,000
Jewelry gold price - Jewelry gold pricePNJ 999.9 Plain Ring76,500▼100K
Jewelry gold price - Jewelry gold 999.976,400▼100K77,200▼100K
Jewelry gold price - Jewelry gold 99976,320▼100K77,120▼100K
Jewelry gold price - Jewelry gold 9975,530▼100K76,530▼100K
Jewelry gold price - 916 gold (22K)70,320▼90K70,820▼90K
Jewelry gold price - 750 gold (18K)56,650▼80K58,050▼80K
Jewelry gold price - 680 gold (16.3K)51,250▼60K52,650▼60K
Jewelry gold price - 650 gold (15.6K)48,930▼70K50,330▼70K
Jewelry gold price - 610 gold (14.6K)45,840▼60K47,240▼60K
Jewelry gold price - 585 gold (14K)43,910▼60K45,310▼60K
Jewelry gold price - 416 gold (10K)30,870▼40K32,270▼40K
Jewelry gold price - 375 gold (9K)27,700▼40K29,100▼40K
Jewelry gold price - 333 gold (8K)24,230▼30K25,630▼30K
3.SJC- Updated: 08/16/2024 04:30 - Source website time - ▼/▲ Compared to yesterday.
TypeBuySell
SJC 1L, 10L, 1KG78,00080,000
SJC 5c78,00080,020
SJC 2c, 1c, 5c78,00080,030
SJC 99.99 gold ring 1 chi, 2 chi, 5 chi76,500▼100K77,800▼100K
SJC 99.99 gold ring 0.3 chi, 0.5 chi76,500▼100K77,900▼100K
Jewelry 99.99%76,350▼100K77,350▼100K
Jewelry 99%74,584▼99K76,584▼99K
Jewelry 68%50,253▼68K52,753▼68K
Jewelry 41.7%29,908▼42K32,408▼42K

World gold price today August 16, 2024 and world gold price fluctuation chart in the past 24 hours

According to Kitco, the world gold price recorded at 5:00 a.m. today, Vietnam time, was 2,455.8 USD/ounce. Today's gold price increased by 10.39 USD compared to yesterday's gold price. Converted according to the USD exchange rate on the free market (25,575 VND/USD), the world gold price is about 76.54 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 3.45 million VND/tael higher than the international gold price.

CME Group's FedWatch tool shows Wall Street is pricing in a 100% chance of a rate cut in September, and about an 80% chance of further cuts in November and December.

Scott Bauer, CEO of Prosper Trading Company, said that the US Federal Reserve's (FED) expected interest rate cut is one of the main factors driving up gold prices.

The US consumer price index (CPI) increased 2.9% year-on-year in July, down from a 3% increase in June and the lowest increase since March 2021. Compared to the previous month, the CPI increased slightly by 0.2%.

Core CPI inflation, which excludes food and energy prices, also rose 0.2% in July, in line with economists' forecasts.

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Gold price today August 16: World gold increased by more than 10 USD
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