Gold, crude oil, and coffee rose slightly, remaining at high price levels.
(Baonghean.vn) - Domestic gold prices remain high; World crude oil continues its upward trend; Domestic coffee prices have increased slightly, reaching close to 80,000 VND/kg, these are the market updates for the morning of February 9th.
Domestic gold prices remain high.
Survey conducted at 5:00 AM on February 9th.gold priceDomestic prices remain high. On the stock exchange, some companies' prices are as follows:
Today, DOJI lists the price of 9999 gold at 76.55 million VND/ounce for buying and 78.85 million VND/ounce for selling.
Meanwhile, at Mi Hong Gold and Gemstone Company, the listed price of SJC gold at the time of the survey was 77.30 - 78.30 million VND/ounce (buying price - selling price).
Bao Tin Minh Chau Co., Ltd. also traded gold at 76.75 - 78.90 million VND/ounce (buying price - selling price).
The world gold price recorded at 5:00 AM Vietnam time today was 2,033.845 USD/ounce, down 0.195 USD/ounce compared to yesterday's price. Converted using the current exchange rate at Vietcombank, the world gold price is approximately 59.136 million VND/ounce.
Crude oil continues to rise.
PricegasolineOn the international market, the upward trend continued from the beginning of the week.
According to data from Oilprice, at 7:38 PM on February 8th (Vietnam time), Brent crude oil was trading at $80.08 per barrel, up $0.87, or 1.1%, from the previous session. WTI crude oil was trading at $74.63 per barrel, up $0.74, or 1.04%, from the previous session.
The surge in oil prices was driven by a larger-than-expected drop in US fuel inventories and rising tensions in the Middle East.
According to the U.S. Energy Information Agency (EIA), U.S. gasoline inventories fell by 3.15 million barrels last week, contrary to analysts' forecasts of a 140,000-barrel increase. Similarly, U.S. distillate product inventories decreased by 3.2 million barrels, significantly more than the forecast of a 1 million barrel decrease.
On the supply side, in its recently released short-term energy outlook report, the EIA cut its outlook for US oil production growth this year by 120,000 barrels per day to 170,000 barrels per day, a sharp decrease from last year's production increase of 1.02 million barrels per day.
Meanwhile, traders are closely monitoring developments in the Middle East as tensions continue.
Coffee prices are close to reaching 80,000 VND/kg.
Coffee pricesDomestic prices, updated at 4:24 AM on February 9th, continued to increase slightly, by approximately 200 VND/kg, and are currently at a high level; the average purchase price in the Central Highlands provinces is 78,500 VND/kg, with the highest price in Dak Nong province at 78,900 VND/kg.
Specifically, the purchase price of coffee in Gia Lai and Kon Tum provinces is 78,500 VND/kg; in Dak Nong province, the highest purchase price is 78,900 VND/kg.
In Lam Dong province, in districts such as Bao Loc, Di Linh, and Lam Ha, the price of bulk green coffee beans (green coffee beans, fresh coffee beans) is 77,800 VND/kg.
In Dak Lak province today, in Cu M'gar district, coffee is being purchased at 78,500 VND/kg, while in Ea H'leo district and Buon Ho town, it is being purchased at the same price of 78,600 VND/kg.
