Domestic gold hits new peak; USD price increases slightly at banks
(Baonghean.vn) - Market information today: Domestic gold hits new peak; USD price increases slightly at banks; Rice price fluctuates in opposite directions, rice increases; Domestic coffee remains stable...
Domestic gold hits new peak
Faced with fluctuations in the world gold market, domestic gold prices increased sharply last weekend, reaching 71 million VND/tael sold.
At the time of survey at 5:30 a.m. on October 16, 2023, the gold price on the trading floors of some companies was as follows:
DOJI listed the price of 9999 gold at 69.60 million VND/tael for buying and 71.00 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 69.80 - 70.35 million VND/tael (buy - sell).
SJC gold price at Bao Tin Minh Chau Company Limited is also traded by the enterprise at 69.75 - 70.68 million VND/tael (buy - sell). Meanwhile, at Bao Tin Manh Hai, it is being traded at 69.75 - 70.88 million VND/tael (buy - sell).
PriceUSD slightly increased at banks
Today, the central VND/USD exchange rate announced by the State Bank is adjusted to 24,077 VND/USD, unchanged and up 10 VND compared to the same time yesterday. The world USD exchange rate remains above 106 points.
Currently, the exchange rate allowed for trading by commercial banks ranges from 23,400 - 25,230 VND/USD. The US Dollar exchange rate has also been brought to the buying and selling range by the State Bank of Vietnam from 23,400 to 25,230 VND/USD.
The bank USD exchange rate and foreign exchange rate this morning recorded a series of slight upward adjustments at banks. Specifically, Vietcombank has a buying price of 24,275 and a selling price of 24,615, an insignificant increase compared to the closing price of yesterday's trading session. The current USD buying and selling prices are in the range of 23,400 - 25,300 VND/USD.
Domestic coffee prices remain stable
Domestic coffee prices updated at 4:40 a.m. on October 16, 2023 continued to increase by 200 - 300 VND/kg, currently the average coffee price in the Central Highlands provinces is around 63,500 VND/kg.
Specifically, the purchase price in Gia Lai and Kon Tum provinces on October 16, 2023 was VND 63,500/kg. In Dak Nong province, coffee was purchased at VND 63,600/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 63,200 VND/kg.
In Cu M'gar district, Dak Lak province, coffee price is currently at 63,600 VND/kg. In Ea H'leo district, Buon Ho town, it is purchased at the same price of 63,700 VND/kg.
Rice prices fluctuate in opposite directions, rice increases
Rice prices today in the Mekong Delta continue to move sideways.
In An Giang area, according to the update of the Department of Agriculture and Rural Development of An Giang province, IR 504 rice fluctuates around 7,900 - 8,100 VND/kg; OM 5451 rice fluctuates 7,800 - 8,000 VND/kg; OM 18 rice is at 7,900 - 8,100 VND/kg; Nang Hoa 9 is priced at 8,200 - 8,300 VND/kg; Dai Thom 8 fresh is 7,800 - 8,100 VND/kg; Nang Nhen (dried) is 15,000 VND/kg; Japanese rice is stable at 7,800 - 8,000 VND/kg.
Regarding rice, prices of raw rice and finished rice products stagnated and remained unchanged after the upward adjustment session. The price of IR 504 raw rice fluctuated around 12,450 - 12,550 VND/kg; the price of IR 504 finished rice fluctuated around 14,450 - 14,550 VND/kg.
By-products have not changed compared to yesterday. Currently, the price of IR 504 panels remains at 12,300 - 12,400 VND/kg; the price of dry bran is at 7,050 - 7,200 VND/kg.
Recorded in the Mekong Delta region today, many traders stopped buying, observing the market; raw rice of all kinds continued to arrive in small quantities, with better quality. Prices of IR 504 and OM 5451 rice remained high.
In the export market, Vietnam's rice export prices remained unchanged today. According to the Vietnam Food Association (VFA), the current export price of 5% broken rice is at 623 USD/ton; the price of 25% broken rice is stable at around 608 USD/ton.
Last week, the export price of rice increased by 10 USD/ton. Currently, many businesses are still paying off old contracts. It is forecasted that in the coming time, the export price of rice will continue to increase. However, it is difficult to regain the price level of August, but only fluctuates around 630-650 USD/ton.
