Gold working deep below VND40 million / tael

► From this coming Monday morning, SJC gold price was down nearly 600,000 dong / tael ...

 
                                          SJC gold price movements in DOJI - Source: DOJI

The decline sharply last night that the international price of gold SJC sold this morning dropped from 40 million dong / tael, while the purchase price to continue falling below this threshold. From vertigo devaluations in mid April, when the SJC is not available today.

At 10 noon today, the Group reported DOJI Jewelry SJC Hanoi market at 39.74 million / tael (purchase) and 39.86 million / tael (sold out). Compared with the end of the afternoon, the price of gold because the listed units decreased 210,000 dong / tael for buying and down 190,000 dong / tael for sale. Haircut buy-sell gold stretched from 100,000 dong / tael to 120,000 dong / tael.

At City Market, the company Saigon Jewelry (SJC) at 10 SJC gold price listed at 39.72 million / tael and 39.87 million / tael, equivalent to the purchase price and the selling price , down 130,000 dong / tael and 180,000 dong / tael compared to late yesterday afternoon. The gap between the buying and selling gold at this company shrunk over 150,000 dong / tael, where differences from 200,000 dong / tael in the afternoon.

But the domestic gold market is not currently connected by international, domestic gold prices recently quite stable over the world, but the downward pressure on the international gold market is pulling gold prices down to the water follow. From this coming Monday morning, SJC gold price was down nearly 600,000 dong / tael.

This continues to be the cheapest price of SJC gold since 16/4 so far.

Last night, spot gold prices in New York closed down $ 16.4 / oz, equivalent to 1.2%, closing at $ 1,369.3 / oz. This morning, gold prices continued to fall during the Asian session, stood at $ 1,365.9 / oz at almost 10h now Vietnam, down 3.4 USD / oz compared to closing the U.S. session.

Compared with the world price of gold exchange, gold prices are higher SJC sold approximately 4.9 million / tael.

After a few days stable dollar in Hanoi free to go up this morning. Several outlets reported this exchange at 21250-21260 dong (purchase) and the 21280-21290 (sold out), higher than 20 dong / U.S. dollar compared with yesterday morning.

USD Price on the set up of the commercial banks remained stable over the 21,000 threshold.

Vietcombank reported at USD 21 025 and 21 036 at the same, the purchase price and the corresponding price. Listed Eximbank bought dollars at 21 015 and sold at 21,036 dong.

Last night, the U.S. Federal Reserve (Fed) have started a regular policy meeting is a two-day wait. Because investors cautious and choose to stay out of the market before the results of the Fed meeting is broadcast tonight and by the stock market rally on Wall Street overnight, gold prices have declined relatively sharply .

According to the experts, the outcome of the Fed meeting could significantly affect the trend of gold prices in the near future.

Yesterday, investors trust the world's largest gold SPDR Gold Trust sold 1.5 tons of gold, hold down volume 1001.7 tons, the lowest level in more than 4 years.

Rate Euro / USD in Tokyo this morning near popular at $ 1.34 / Euro, slightly higher than yesterday morning. Light sweet crude oil futures in New York at nearly 10h now Vietnam is $ 98.44 / barrel, equal to the previous closing.