Gold price increases to nearly 91 million VND/tael; Japanese Yen continues to weaken

Gold price close to 91 million VND/tael

SJC gold increased the most in buying price of 1.55 million VND/tael, selling price of 1 million VND/tael, pushing the price close to 91 million VND.

At the time of survey at 5:00 a.m. on May 21,gold price on the exchangeof some companies as follows:

Today's 9999 gold price is listed by DOJI at 89.00 million VND/tael for buying and 90.50 million VND/tael for selling.

At Mi Hong Jewelry Company, at the time of survey, the listed price of SJC gold was at 89.20 - 90.40 million VND/tael (buy - sell).

SJC gold price at Bao Tin Minh Chau Company Limited is also traded by the enterprise at 89.10 - 90.70 million VND/tael (buy - sell).

According to Kitco, the world gold price recorded at 5:00 a.m. today, Vietnam time, was at 2,424.90 USD/ounce. Today's gold price is 10.4 USD/ounce different from yesterday's gold price. Converted according to the current exchange rate at Vietcombank, the world gold price is about 73.5 million VND/tael (excluding taxes and fees).

Thus, the price of SJC gold bars is still 15.5 million VND/tael higher than the international gold price. Meanwhile, at Bao Tin Manh Hai, it is being traded at 89.60 - 90.90 million VND/tael (buy - sell).

Gasoline prices continue to rise

In the world market,gasoline pricesToday (May 21) continued to rise following the upward trend from the first session of the week (May 20).

On May 20, international oil prices continued to increase from last week. Brent crude oil prices exceeded 84 USD/barrel, WTI crude oil prices reached 80 USD/barrel.

Data from Oilprice shows that at 9:24 p.m. on May 20 (Vietnam time), Brent oil price was listed at $84.38/barrel, up 0.48% compared to the previous session. WTI oil price was at $80.5/barrel, up 0.55% compared to the previous session.

Oil prices rose on concerns of growing geopolitical instability in the Middle East.

Japanese Yen exchange rate continues to weaken

Japanese Yen Exchange RateThe Japanese Yen exchange rate at banks continues to decline. Surveyed on the morning of May 21, the Japanese Yen exchange rate at banks is as follows:

At Vietcombank,The buying rate is 158.40 VND/JPY and the selling rate is 167.58 VND/JPY, down 0.08 VND on the buying side and down 0.16 VND on the selling side.

At Vietinbank, the Yen exchange rate decreased by 0.51 VND in both buying and selling directions, equivalent to 158.75 VND/JPY and 168.45 VND/JPY.

At BIDV Bank, the Japanese Yen exchange rate increased by 0.26 VND in buying and increased by 0.3 VND in selling, reaching 158.99 VND/JPY and 166.69 VND/JPY, respectively.

At Agribank, the Japanese Yen exchange rate for buying and selling is 159.36 VND/JPY and 167.28 VND/JPY – down 0.15 VND for buying and down 0.23 VND for selling.

At Eximbank, the buying price increased by 0.38 VND and the selling price increased by 0.37 VND, respectively at 160.67 VND/JPY and 166.04 VND/JPY.

Techcombank, Japanese Yen exchange rate decreased by 0.03 VND in buying and decreased by 0.04 VND in selling with prices of 156.77 VND/JPY and 169.13 VND/JPY respectively.

At Sacombank, the Japanese Yen exchange rate increased by 0.23 VND in buying and increased by 0.19 VND in selling, corresponding to 161.44 VND/JPY and 166.45 VND/JPY.

Coffee prices increased slightly today

Domestic coffee prices were updated at 5:24 a.m. on May 21 as follows: Domestic coffee prices increased by 100 - 400 VND/kg. Currently, the average purchase price in the Central Highlands provinces is 104,000 VND/kg, the highest purchase price in Dak Nong province is 104,200 VND/kg.

Specifically, the coffee purchase price in Gia Lai and Kon Tum provinces is at 103,800 VND/kg; In Dak Nong province, coffee is purchased at the highest price of 104,200 VND/kg.

The price of green coffee beans (coffee beans, fresh coffee beans) in Lam Dong province in districts such as Bao Loc, Di Linh, Lam Ha, coffee is purchased at 103,500 VND/kg.

In Dak Lak province, coffee is purchased at around 103,900 VND to 104,000 VND/kg.