Gold price increased slightly, dollar decreased sharply
International gold prices continued to hit new highs this morning, pushing domestic prices up slightly to nearly 37.7 million VND. Meanwhile, banks continued to lower their USD buying prices.
Opening this morning, Sacombank-SBJ quoted gold buying and selling prices at 37.51 - 37.64 million VND, an increase of 50,000 - 80,000 VND per tael compared to the weekend. The price continued to increase to 37.56 - 37.66 million VND as of 8:30 am due to the strong increase in the international market.
World gold prices rose to a record high this morning. Photo: Bloomberg
Other large enterprises also mainly quoted gold selling prices around 37.65 million VND. In Hanoi, many places are widening the trading gap to 150,000 VND when the world trend is not clear.
Bao Tin Minh Chau (Hanoi) listed buying and selling prices at 37.50 - 37.63 million VND per tael as of 8:56 am. In April, the highest price the market set was 37.7 million VND.
Since reaching a record high of 20,733 VND per USD on April 19, the interbank exchange rate has continuously decreased, to 20,708 VND this morning. Commercial banks have also sharply reduced their listings, especially in the buying direction. At Vietcombank, the gap between the buying and selling price of USD is currently up to 100 VND, with the buying direction at 20,730 VND. ACB Bank also lowered the USD buying price below 20,700 VND, to 20,680 VND this morning, down 20 VND compared to the end of last week, selling at 20,750 VND.
Similarly, the free USD exchange points also widened the gap between buying and selling prices and sharply reduced the listed prices. This morning, the listed selling price of USD was 20,760 VND, while the buying price was 20,680 VND for one US dollar.
Meanwhile, in the international gold market, spot prices skyrocketed right after the opening minute. At 7:30 a.m. Hanoi time, the price hit a record of 1,513.70 USD, up 9 USD from the opening and surpassing Friday's old record of 1,508 USD. Futures contracts also peaked at 1,514.50 USD.
According to VnExpress
