World gold continues to fall; Domestic coffee prices rise
(Baonghean.vn) - World gold prices continue to fall; Domestic coffee prices turn to increase; Live pigs are around 52,000 - 59,000 VND/kg, these are the market news on the morning of February 11.
World gold continues to decline
According to Kitco,gold priceThe world recorded at 5:00 a.m. today, Vietnam time, spot price was 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). Thus, the price of SJC gold bars is still 17.84 million VND/tael higher than the international gold price.
Gold prices ended the week down about 0.75%, dipping slightly below $2,025 an ounce, dragged lower by a sharp rise in US Treasury yields in recent days following a string of strong US economic data, including the January non-farm payrolls report. For context, the US 10-year bond yield traded below 3.9% last Thursday, but has now surpassed 4.15% in less than seven sessions.
Domestic gold market, surveyed at 5:00 a.m. on February 11, on the trading floors of some companies as follows:
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 Jewelry Company, the price of Mi Hong gold at the time of survey was listed 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).
Domestic coffee prices rise
PricecoffeeDomestic prices were updated at 4:12 a.m. on February 11, turning to increase again, the increase was about 1,000 - 1,200 VND/kg. Currently, the average purchase price in the Central Highlands provinces is 79,600 VND/kg, the highest price in Dak Nong province is 80,000 VND/kg.
Specifically, the coffee purchase price in Gia Lai and Kon Tum provinces is quite high at 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 is purchased at 79,600 VND/kg, and in Ea H'leo district and Buon Ho town, it is purchased at the same price of 79,700 VND/kg.
Pig price fluctuates from 52,000 - 59,000 VND/kg
Today's live pig price, February 11, fluctuated around 52,000 VND/kg to 59,000 VND/kg.
Accordingly, in the Northern region, the price of live pigs today, February 11, 2024, remained stable across the board and fluctuated between 57,000 - 59,000 VND/kg.
In the Central Highlands region, pork prices today are quiet and fluctuate between 54,000 - 57,000 VND/kg.
In the Southern region, the price of live pigs today did not record any new fluctuations compared to the previous day and fluctuated between 52,000 - 55,000 VND/kg.
