Gold price is stable; Coffee is reaching a new peak

Xuan Hoang (According to Congthuong.vn/Vietnamnet.vn) DNUM_BCZACZCACE 07:33

(Baonghean.vn) - Domestic gold prices continue to stand still; World crude oil maintains strong growth; Domestic coffee is reaching its peak; Live pigs continue to be quiet... are market news on the morning of February 12.

Gold price continues to stand still

Domestic gold prices continue to remain stable due to the Lunar New Year holiday. Surveyed at 5:00 a.m. on February 12,gold priceon the trading floor of some companies as follows:

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Domestic gold prices continue to stand still.

DOJI listed the price of 9999 gold at 76.55 million VND/tael for buying and 78.85 million VND/tael for selling.

At Mi Hong Gold and Gemstone Company, at the time of survey, the listed price of SJC gold was at 77.30 - 78.30 million VND/tael (buy - sell).

SJC gold price at Bao Tin Minh Chau Company Limited is also traded by the enterprise at 76.75 - 78.90 million VND/tael (buy - sell).

According to Kitco, the world gold price recorded at 5:00 a.m. today, Vietnam time, was at 2,024.360 USD/ounce. Converted according to the current exchange rate at Vietcombank, the world gold price is about 58.860 million VND/tael (excluding taxes and fees).

World oil prices maintain upward momentum

In the world market, the pricegasolineToday 12/2 maintained the upward momentum from last week.

Last week, world oil prices reversed sharply after a sharp decline the week before. Overall, last week, world oil prices increased by more than 6%, reversing the sharp decline of the previous week.

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Gasoline prices tend to increase. Photo: Reuters

Closing last week, Brent oil price was fixed at 82.19 USD/barrel while WTI oil price ended the week at 76.84 USD/barrel.

Oil prices rose on fears of a wider conflict in the Middle East after Israeli Prime Minister Benjamin Netanyahu rejected a ceasefire offer from Hamas and the release of hostages held in the Gaza Strip. Israeli forces even bombed the southern Gaza border city of Rafah after Prime Minister Benjamin Netanyahu rejected a proposal to end the hostilities.

Domestic coffee on top

PricecoffeeDomestic coffee prices were updated at 5:24 a.m. on February 12 as follows: Coffee prices continue to increase, currently averaging 79,600 VND/kg in the Central Highlands provinces, the highest purchase price in Dak Nong province is 80,000 VND/kg.

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Domestic coffee prices are at their peak.

Specifically, in Gia Lai and Kon Tum provinces, the price is 79,600 VND/kg; In Dak Nong province, coffee is purchased at the highest price of 80,000 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 78,900 VND/kg.

In Dak Lak province today, in Cu M'gar district, coffee was purchased at 79,600 VND/kg, and in Ea H'leo district and Buon Ho town, it was purchased at the same price of 79,700 VND/kg.

Pig prices are quiet

Pig price today (February 12) the market is quiet on the 3rd day of Tet and recorded the lowest level of 52,000 VND/kg.

In the Northern region, live pig prices continued to move sideways across the board and fluctuated between 57,000 - 59,000 VND/kg.

In the Central Highlands region, pork prices continue to remain stable and fluctuate between 54,000 - 57,000 VND/kg.

In the Southern region, the price of live pigs did not record any new fluctuations compared to the previous day and fluctuated between 52,000 - 55,000 VND/kg./.

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Gold price is stable; Coffee is reaching a new peak
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