Gold regains momentum; Domestic coffee prices stabilize at high levels

Gold regains bullish momentum

Today, November 19, 2023: Gold prices 9999, SJC, 24K, Mi Hong, PNJ, DOJI are steadily increasing. World gold prices continue to recover after many weeks of deep decline.

At the time of survey at 5:00 a.m. on November 19, 2023, the gold price on the trading floors of some companies was as follows: DOJI listed the price of 9999 gold at 69.95 million VND/tael for buying and 70.75 million VND/tael for 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 70.10 - 70.60 million VND/tael (buy - sell).

SJC gold price at Bao Tin Minh Chau Company Limited is also traded by the enterprise at 70.00 - 70.75 million VND/tael (buy - sell). Meanwhile, at Bao Tin Manh Hai, it is being traded at 70.00 - 70.75 million VND/tael (buy - sell).

According to Kitco, the world gold price recorded at 5:00 a.m. today, Vietnam time, was at 1,980.730 USD/ounce. Converted according to the current exchange rate at Vietcombank, the world gold price is about 57.223 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is still 12.727 million VND/tael higher than the international gold price.

Yen exchange rateJapan continues to thrive

Exchange rateJapanese YenSurvey on the morning of November 19 at banks, specifically as follows:

At Vietcombank,Vietcombank Japanese Yen exchange rate is 156.55 VND/JPY for buying and 165.71 VND/JPY for selling, up 0.57 VND for buying and up 0.6 VND for selling.

At Vietinbank, the Yen exchange rate increased by 1.58 VND in both buying and selling directions, equivalent to 158.05 VND/JPY and 167.75 VND/JPY.

At BIDV Bank, the Japanese Yen exchange rate increased by 0.72 VND in buying and increased by 0.74 VND in selling, reaching 157.48 VND/JPY and 165.75 VND/JPY, respectively.

At Agribank, the Japanese Yen exchange rate for buying and selling is 158.80 VND/JPY and 163.74 VND/JPY, respectively - up 0.45 VND for buying and 0.48 VND for selling.

At Eximbank, the buying price increased by 1.39 VND and the selling price increased by 1.52 VND, respectively at 158.48 VND/JPY and 164.01 VND/JPY.

At Techcombank, the Japanese Yen exchange rate increased by 0.57 VND in buying and increased by 0.54 VND in selling with prices of 154.36 VND/JPY and 165.32 VND/JPY, respectively.

At Sacombank, the Japanese Yen exchange rate increased by 1.21 VND in buying and 1.25 VND in selling, corresponding to 159.26 VND/JPY and 165.85 VND/JPY.

At NCB Bank, the Japanese Yen exchange rate is 157.06 VND/JPY for buying and 164.01 VND/JPY for selling, corresponding to an increase of 0.42 VND for buying and an increase of 0.43 VND for selling.

At HSBC Bank, the Japanese Yen exchange rate increased by 1.25 VND in buying and increased by 0.64 VND in selling, respectively at 157.29 VND/JPY and 164.22 VND/JPY.

According to a survey by Cong Thuong Newspaper, today's Japanese Yen exchange rate at Eximbank is the bank with the highest Japanese Yen buying rate and Agribank is the bank with the lowest selling rate among banks.

Domestic coffee prices stable

PricecoffeeDomestic coffee prices were updated at 4:18 a.m. on November 19, stable and at a fairly good level. Currently, the average coffee price in the Central Highlands provinces is about 58,500 VND/kg, the highest purchase price in Dak Lak province is 58,800 VND/kg.

Specifically, the coffee purchase price in Gia Lai and Kon Tum provinces on November 19 was quite high at 58,500 VND/kg; In Dak Nong province, coffee was purchased at 58,500 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 is purchased at 58,100 VND/kg.

Today's coffee price in Dak Lak province is the highest; in Cu M'gar district, coffee is purchased at 58,700 VND/kg, and in Ea H'leo district, Buon Ho town, it is purchased at the same price of 58,800 VND/kg./.