Opening this morning, SJC gold at 1kg of Saigon Jewelry One Member Co., Ltd. was listed at 36,830 - 37.010 million VND/tael, an increase of 10,000 VND/tael compared to the closing price of the previous day.
Meanwhile, the gold price of Doji Group retail in Hanoi was listed at 36.890 - 36.970 million VND/tael (buy - sell), an increase of 10,000 VND/tael compared to the closing price of the previous day.
The price of SJC gold bars of Phu Nhuan Jewelry Joint Stock Company (PNJ) in the Hanoi market was listed at 36.910 (buy) - 37.010, million VND/tael (sell), an increase of 10,000 VND/tael compared to the closing price of the previous trading session.
The price of 9999.9 (24k) of Bao Tin Minh Chau's 9999.9 Thang Long gold price increased by VND50,000/tael compared to the closing price of the previous day, listed at VND35.430 - 35.880 million/tael (buy - sell).
In the world market, the price of gold delivered under wholesale contracts in the night trading session on July 14 (Vietnam time) decreased by 1 USD compared to the closing price of the previous trading session, listed at 1,241.5 USD/tael.
Looking back at last week, the precious metal has been moving in a gradual upward direction since the first session of the week and decreased slightly towards the end of the week. Gold prices recorded the lowest buying and selling price at 36.78-36.88 million VND/tael, while the highest price was listed at 36.88-36.98 million VND/tael. Thus, the average for each adjusted gold increase and decrease in the past week is about 100,000 VND.
Last week, persistent concerns about trade tensions between the US and China, as well as political instability related to the UK's exit from the European Union ( Brexit) have somewhat limited gold's decline.