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Monday May 11, 2020 09:12 AM (GMT + 7)
This morning, domestic gold and world gold recovered slightly in the context of the Covid-19 epidemic in the United States, showing signs of remission.
At 8:30 this morning on 11/5 (according to Vietnam time), the world spot gold price stood at $ 1,709.53 / ounce, an increase of $ 7 / ounce compared to the end of week.
The price of gold delivered in June 2020 on the Comex New York floor decreased by 0.33%, currently trading at $ 1,708.20 / ounce.
Gold prices rebounded early in the week when the Covid-19 epidemic in the United States showed signs of remission. For this morning, the USA USA They had a total of 1,367,638 cases (an increase of 20,329 cases) and 80,787 deaths (an increase of 750 cases). So after 35 consecutive days of deaths per 1,000, the number of daytime deaths from disease in the United States has dropped to 750. This could be a sign that the United States pandemic is on the decline with the trend. general posture
Gold prices recovered early in the morning
However, the rise in the price of gold was limited because gold was still under great pressure when the stock market continually had impressive profit sessions. Countries expanded the scale of support and stimulus packages to restore production and regain growth momentum. Furthermore, tensions between the United States and China have caused investors to “pause” to wait for new signals.
However, market analysts and investors still expect this price of precious metals to rise in the coming days.
In a Wall Street survey, 55% of the 11 market analysts surveyed said that gold prices would rise in the coming days, 27% predicted low prices, and the rest said that gold prices remained stable.
In an online survey on Main Street, 67% of the 750 investors participating in the prediction of gold prices will rise, 19% said that the price of gold fell and the rest said that the price of gold was flat.
On the domestic market, gold prices also recovered slightly after rising world gold prices. Specifically, at 8:30 this morning (May 11), the SJC gold price in Ho Chi Minh City of Saigon Jewelry Group was at VND 47.85-48.3 million / tael (buy-sell). ), an increase of VND 50,000 / sales volume compared to the close at the end of the week. The bid / ask spread was VND 400,000 / tael. Gold prices in Hanoi and Da Nang are at VND 47.85-48.32 million / tael (bought and sold).
DOJI Hanoi Jewelry Group recorded the price of gold at VND 47.78 – 48.15 million / tael (buy-sell), just over VND 20,000 / tael compared to the last trading session of the week.
As for the Phu Quy system, the SJC gold price is at VND 47.80-48.13 million / tael, not adjusted compared to the end of the week.
At Bao Tin Minh Chau, this brand’s Thang Long dragon gold price is at 45.99-46.49 million VND / tael.
Source: http://danviet.vn/gia-vang-hom-nay-11-5-bat-tang-sang-dau-tuan-khi-my-don-tin-hieu-mung-ve-dich- .. .
Last week, on the world market, the price of gold fluctuated erratically but remained above $ 1,700 / ounce.
