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Wednesday May 13, 2020 09:11 AM (GMT + 7)
The dollar weakened, US inflation. USA It fell sharply, the risk of the second boom of the Covid-19 wave pushed the price of gold today 13/5 up.
When the session opened at 8:00 am on 5/13 (according to Vietnam time), the world spot gold price stood at $ 1,703 / ounce. Compared to the same trading hours on the morning of May 12, the price of gold increased by $ 7 / ounce.
The world price of gold delivered in July 2020 registered at Comex of New York Mercantile Exchanghe at $ 1,708.2 / ounce, an increase of $ 3.6 / ounce during the session.
Converted to the bank price in USD, excluding taxes, the world gold price is currently 47.53 million dong / tael, lower than the national gold price of 820,000 dong / tael.
Gold prices recovered this morning
The gold price rebounded in the context of a sharp drop in the USD, investors were more cautious, although countries are still trying to launch rescue packages, easing the blockade to open the economy due to negative impacts. of the Covid-19 translation. There is a warning about the second wave of the Covid-19 epidemic when there are cases of infection in the community in Wuhan after a period of controlled outbreak. In South Korea, a new outbreak has just appeared in Itaewon and 5 bars were also detected in this city.
The rise in gold was also attributed to a sharp drop in US inflation last month. April’s CPI fell 0.8% (led by a record drop in gasoline prices), after falling 0.4% in March.
On the domestic market, gold prices also rebounded sharply after rising world gold prices. At 8:30 this morning on 5/13, the SJC gold price in Ho Chi Minh City of Saigon Jewelry Group was trading at VND 47.9-48.3 million / tael (bought and sold). Compared to the same time yesterday morning, the price of gold recovered 150,000 VND / tael in both directions. Amplitude of purchase – sale is maintained at 400,000 VND / tael.
In Hanoi and Da Nang, the SJC gold price was quoted at VND 47.9-48.32 million / tael (bought and sold), it also increased VND 150,000 / tael in both directions compared to the previous session.
DOJI Hanoi Jewelry Group quoted the SJC gold price at 47.87-48.1 million dong / tael, a negligible increase from the same time the previous morning. Meanwhile, DOJI in Ho Chi Minh City held at 47.9-48.25, an increase of 100,000 dong / purchase form, an increase of 100,000 dong / sale form compared to the previous session.
At Phu Quy, SJC listed the gold price at 47.87-48.15 million dong / tael (buy-sell), just over 50,000 dong / tael bought, keeping the selling direction unchanged from the previous session. .
Source: http: //danviet.vn/gia-vang-hom-nay-13-5-nha-dau-tu-hoang-loan-vang-quay-dau-leo-doc-502020135912 …
The dollar depreciated unexpectedly amid pressure from the US. USA, since Covid-19 continued furious.
