Gold returns to 46 million VND/tael
After falling to 45.95 million VND/tael (selling price), the gold price was suddenly adjusted to increase again.
Specifically, at 11:25, the price of SJC gold was listed by San Gon Jewelry Company in the Ho Chi Minh City market at 45.9 - 46.05 million VND/tael (buy - sell).
In Hanoi market, SJC gold price listed at the same time was 45.95 - 46.1 million VND/tael (buy - sell).
In the world market, the spot gold price in Asia is at 1,711.69 USD/oz. Converted according to Vietcombank's exchange rate of 20,865 USD/VND, the world gold price is at 43.03 million VND/tael, 3 million VND/tael lower than the domestic gold price.
At 9:10
The official gold price fell below the 46 million VND/tael mark when the buying and selling prices in the Hanoi market were listed by Doji Company at 45.78 - 45.98 million VND/tael.
In Ho Chi Minh City market, gold price is also listed at the same level.
At 9 o'clock
Continuing to decrease by more than 100,000 VND/tael, SJC gold price in Ho Chi Minh City is 45.9 million VND/tael for buying and 46.05 million VND/tael for selling.
Falling further, gold price in Hanoi market is 45.9 - 46.05 million VND/tael (buy - sell).
At 8:30
Contrary to the increasing trend of world gold prices, domestic gold prices this morning opened down 40,000 VND/tael compared to yesterday's closing price.
Specifically, the price of SJC gold in the Ho Chi Minh City market was listed by Saigon Jewelry Company at 46.05 - 46.2 million VND/tael (buy - sell).
In Hanoi market, Doji Company also listed SJC gold at 46.05 - 46.2 million VND/tael.
In the world market, spot gold price in Asia is at 1,712.9 USD/oz.
PNJ gold price listed by Phu Nhuan Jewelry Company is 45.72 - 46.12 million VND/tael (buy - sell).
Thang Long Golden Dragon brand gold is at 42.85 - 43.2 million VND/tael (buy - sell).
Converted according to the exchange rate by Vietcombank this morning, the world gold price is about 3 million VND/tael lower than the domestic price.
Last night on the Comex floor, spot gold price ended the session in the US market at 1,711.25 USD/oz, up 1.1 USD compared to the previous day's close.
Gold for December delivery also rose $2.6 to $1,711.3 an ounce.
Last night, most US exchanges were still closed due to Hurricane Sandy, so trading was as gloomy as the previous day.
Trading is expected to pick up again when New York trading floors reopen today, according to Kitco.
According to experts at Deutsche Bank, the increase in gold prices last night was due to the Bank of Japan (BOJ)'s decision to loosen monetary policy for the second time in two months by expanding the asset purchase program by 11,000 billion yen (138 billion USD) to 66,000 billion yen.
This week, investors continue to look forward to information from the US jobs report scheduled to be released next Friday as the US Labor Department said they are working to get the reports as expected.
European traders are waiting for the European Union to take further steps in its ongoing efforts to contain the European debt crisis.
According to (vov.vn) - LT
