Opening this morning's trading session (September 16), DOJI Group listed the price of SJC gold at 36.62-36.80 million VND/tael (buy in - sell out), unchanged in the buying direction and increased by 20 thousand VND in the selling direction compared to yesterday's trading session.
SJC gold price at Bao Tin Minh Chau is listed at 36.66 - 36.73 million VND/tael. Gold price of smooth round Quotation Dragon Gold Thang Long is trading at: 36.13 - 36.58 million VND/tael (buy - sell).
At Phu Nhuan Jewelry Joint Stock Company (PNJ), the price of SJC gold bars was listed at 36.60 - 36.79 million VND/tael (buy - sell), an increase of 20 thousand VND for buying and an increase of 10 thousand VND for selling compared to the same time in yesterday's trading session.
The world gold price is currently listed at 1319-20 - 1320-20 USD/ounce (buy - sell).
9999 gold price for December delivery on the New York Comex decreased by 0.3% to 1325.20 USD/ounce.
World gold prices fell in yesterday's trading session after a European Central Bank (ECB) official called for an expansion of the bank's monetary stimulus package.
The US Federal Reserve (Fed) has set an inflation target of 2% and a series of indicators of gloomy inflation have overshadowed speculation about a further short-term interest rate hike. Strong inflation could fuel other rate hike prospects. The upcoming Fed policy meeting is scheduled to begin on September 19.
Experts predict that high interest rates often push up the USD and bond yields, but put pressure on gold prices.
The key information related to US economic data this week is the August consumer price index report. The report showed the index increased by 0.4%, higher than market expectations. Gold and silver prices immediately fell to a day's bottom after the report was released.
In the foreign exchange market, the central exchange rate announced by the State Bank on the morning of September 16 was 22,441 VND/USD, unchanged from the previous session. Vietcombank's USD exchange rate today is listed at 22,690 - 22,760 VND/USD (buy - sell), unchanged from the previous trading session.
