Reduced by world

National gold market

The last session of the week, on September 27, was listed by Saigon Jewelry Company at the price of SJC gold at 55.15 million VND / tael (bought) and 55.67 million VND / tael (sold) in Ha. Cabinet. The price of SJC gold in Ho Chi Minh City, the afternoon sale is 55.65 million dong / tael. Currently, the difference between buying and selling is kept at VND 500,000 / tael by Saigon Jewelry Company. This difference is still very high, with a potential risk of loss for buyers.

At the same time, the price of Thang Long Dragon Gold was trading at 52.72 – 53.57 VND / tael (buy on sell), slightly decreased. The SJC gold price in Bao Tin Minh Chau traded at 54.90 to 55.40 million dong / tael (buy-sell), 20,000 dong / tael in the buy direction and was unchanged compared to the session. closing. before.

Gold Doji traded the price of gold at 54.75 to 55.45 million dong / tael, slightly lower in both buy and sell compared to the previous session.

Phu Quy SJC quoted the price of gold at 54.90 – 55.40 million dong / tael, a slight decrease in both buying and selling compared to the previous session.

The price of gold will continue to adjust in the future

World price of gold

According to Reuters, gold fluctuated near its lowest level in more than 2 months, as investors turned to the dollar as Covid-19 cases and uncertainties of the upcoming US stimulus to support the economy mounted. . .

The price of gold on the international market fluctuated to $ 1,861 / ounce, dropping $ 7 after one day. Consequently, the price of gold delivered in December reversed $ 10.6, equivalent to 0.6% at $ 1,866.30 / ounce, this is the lowest closing level in 2 months. The contract has lost 4.9% overall this week.

According to analysts, gold prices will continue to adjust in the near future and may fall to almost $ 1,700 / ounce before recovering to the long-term target of $ 2,000 / ounce.

Despite gloomy data from the US job market, as the number of claims for unemployment benefits increased the most last week, gold prices are still under selling pressure. Most of the gold selloff was primarily attributed to the strong dollar this week. The recent resurgence of the dollar has made gold, which is pegged to the dollar, more expensive for foreign buyers using other currencies. The dollar strengthened also pushed global stocks, the euro fell during the week, as investors sold assets for fear of risks and chose the safety of the USD …