Domestic gold prices down on the world

► The jewelry companies applying price differentials buying low and selling gold, 100,000 common on / of 
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                                          SJC gold price movements in DOJI - Source: DOJI.


Responding slight downward trend of gold prices in the international trading week, domestic gold prices went down this morning over the weekend. The commercial banks raise U.S. prices up very close to the selling price, the market price USD increased freedom.

At more than 10 hours this afternoon, Jewellery Group DOJI listed SJC Hanoi market at 40.31 million / tael (purchase) and 40.41 million / tael (sold out), reducing corresponding to 70,000 dong / tael and 50,000 dong / tael compared to last Saturday morning.

At the same time on the Ho Chi Minh City, the company Saigon Jewelry (SJC) reported in the SJC 40.27 million / tael and 40.42 million / tael, equivalent to the purchase price and the selling price . Compared to Saturday morning, SJC gold price is up 20,000 dong / tael for buying, but down 40,000 dong / tael for sale.

Earlier in the week, gold prices less volatile and slow transactions, auction does not have gold jewelery business should apply the price difference is relatively low gold-selling, popular 100,000 dong / tael.

Last week, SJC gold prices fell 250,000 dong / tael and at the lowest level in two months. Currently, gold prices are still very close to the bottom.

Free USD in Hanoi this morning 21230-21240 popular at the (buying) and 21260-21270 copper (sales), up from 10 the week before Saturday morning.

Vietcombank this morning to raise the purchase price of U.S. $ 21 035 contract, while keeping the cost of foreign currency sold at 21,036 dong. Thus, the dollar price at Vietcombank is higher than the purchase price is only $ 1.

In many other commercial banks, dollar purchase price but not as high as in Vietcombank, but also at the level of 21,000. Eximbank quoted at 10 dollars at the 21 015 and 21 036 dong, corresponding purchase price and selling price.

Spot gold prices fell slightly in Asia this morning. Vietnam at 10 hours, the price of gold at $ 1,391.3 / oz, down 1.5 USDs / oz compared to the previous week's close in New York.


This price is pegged against USD 35.65 million equivalent freedom dong / tael, lower retail SJC nearly 4.8 million / tael.

World gold price continues to face downward pressure as investors worried the U.S. Federal Reserve (Fed) will soon reduce or end the program of quantitative easing (QE).

This week, the spotlight of the global financial market will be a regular meeting of Fed policy, which takes place on the second Tuesday and Wednesday. As predicted, at this meeting, the Fed will signal specific about how to behave with QE.

Rate Euro / USD in Tokyo this morning more common at $ 1.33 / Euro. Light sweet crude oil futures in New York at 10 now Vietnam is $ 97.59 / barrel, down $ 0.26 / barrel compared to the previous week's close.