► SJC gold price is at its lowest level since 16 quarters, the time when a record decline in world gold markets ...
SJC gold price movements in DOJI - Source: DOJI
SJC gold price in the selling side has slipped from 40 million dong / tael in the morning session due to the mitigating effects from last night's international gold price. At current prices, the SJC is the cheapest in more than 2 months.
At 10 noon today, the Group reported DOJI Jewelry SJC Hanoi market at 39.92 million / tael (purchase) and 40.18 million / tael (sold out), down 310,000 dong / tael for buying and down 130,000 dong / tael compared to last sale yesterday afternoon. The difference between the purchase price and sales expansion into 260,000 dong / tael from 80,000 dong / tael in the afternoon.
At the same time the market in Ho Chi Minh City, the company Saigon Jewelry (SJC) SJC gold quotes at 39.93 million / tael and 40.18 million / tael, equivalent to the purchase price and the price sale. Compared with the end of the afternoon, the price of gold in this business is already down 280,000 dong / tael for buying and down 180,000 dong / tael for sale. The gap between the two prices being pushed up 250,000 dong / tael, where differences from 150,000 dong / tael on Tuesday afternoon.
The other major jewelry companies also simultaneously purchased SJC gold prices down below 40 million / tael this morning.
From last week to this, SJC continuous bottom up. As gold price chart, gold price this brand is at its lowest level since 16 quarters, the time when a record decline in world gold markets.
This morning, the State Bank of auctions held 32th gold, 1 ton of gold bid. The gold market is more supply can cause businesses to purchase gold prices fell deeply, stretching the difference between the buying price and the selling price.
Free USD in Hanoi this morning stable than yesterday morning, standing in the 21230-21240 (buying) and copper 21260-21270 (sold out).
At commercial banks, dollar listing generally stable over the 21,000 threshold. Vietcombank reported this morning at USD 21 025 dong (purchase) and 21,036 dong (sell) price reduced by 10 compared to the light, but the price has not changed. Eximbank listing price at 10 dollars at the rates respectively as at 21 015 and 21 036 dong.
Gold prices declined during the trading day in New York last night and this morning in Asia.
At the closing date of 17/6 in the U.S., spot gold prices down 6.8 USD / oz, equivalent to about 0.5%, and $ 1,385.7 / oz. Hour at 10 noon today Vietnam, spot gold prices down by 0.2 USD / oz, and $ 1,385.5 / oz.
USD converted at liberty, this price equivalent 35.5 million / tael, lower retail SJC approximately 4.7 million / tael.
According to analysts, the world price of gold is less volatile today as investors awaited the results of the regular policy meeting the Federal Reserve Board (Fed). The meeting will begin tonight in Vietnam now and ends tomorrow night.
Experts said that any signal from the Fed that the agency will soon shrink or end quantitative easing (QE) may push gold prices fell sharply. A few years ago, thanks to QE and low interest rates that the Fed's record world gold price increased continuously.
Trust investment world's biggest gold SPDR Gold Trust yesterday without purchasing anything moves, keep the amount of gold held in 1003.2 tons, the lowest in more than 4 years.
In a new report, the French bank Societe Generale, said that the change of investor opinion about the price of gold could push the metal down to $ 1,200 / oz this year.
Rate Euro / USD in Tokyo this morning near popular at $ 1.34 / Euro, from more than $ 1.33 / Euro yesterday morning. Light sweet crude oil futures in New York at 10 now Vietnam is $ 97.81 / barrel, up $ 0.04 / barrel compared to previous closing.
No comments:
Post a Comment