Gold prices struggled ahead of the Lunar New Year, domestic prices still rose



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Gold prices struggled before the Lunar New Year, domestic prices still rose - Photo 1.

Gold prices are under pressure to lower prices ahead of the New Year holidays – Photo: NGOC PHUONG

The world price of gold declined, but the domestic price of gold suddenly rose again today.

SJC Company increased its selling price from 55.75 million dong / tael to 55.8 million dong / tael. And PNJ Company increased the sale price of SJC gold bar to 55.85 million dong / tael, the purchase price was 55.3 million dong / tael.

Also in the gold shops, the price of SJC gold bars this afternoon was 55.75 million dong / tael.

Therefore, compared to the converted world gold price, the price of SJC gold bar is 3.22 million dong / tael higher.

According to PNJ Company, the gold market is in a period of fierce fighting before the holidays, so it can be seen that the range of fluctuation is quite wide.

According to experts, the rise in gold prices also stops when money flows back to the stock market and virtual money. Bitcoin has risen continuously and hit the all-time high of $ 28,000 / Bitcoin before dropping to $ 26,269 / Bitcoin this afternoon.

However, gold is also supported by positive information, such as the world’s largest gold investment fund, SPDR bought 2.33 tons. BNP Paribas assessed that gold prices will peak in the second quarter of next year with an average of $ 2,010 / ounce.

The FED kept interest rates unchanged, gold prices continued to rise The FED kept interest rates unchanged, gold prices continued to rise

TTO – This afternoon, December 17, the world price of gold rose to 1,871.5 USD / ounce after the Federal Reserve of the United States (FED) maintained its interest rate and agreed to buy bonds. At the current price, compared to the beginning of the week, the world gold price has risen by $ 51 / ounce.

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