Opening trading session this morning (8.17), DOJI Group listed SJC gold price at 36.33 - 36.41 million VND/tael (buy - sell), an increase of 110,000 VND in both directions compared to the same time in the previous trading session.
SJC gold price at Bao Tin Minh Chau is listed at 36.34 - 36.40 million VND/tael, an increase of 80 thousand VND in both directions compared to the same trading session yesterday. Price of plain round gold rings Dragon Thang Long gold is trading at: 34.89 - 35.34 million VND/tael (buy - sell), an increase of 170 thousand VND in both directions compared to the previous trading session.
At Phu Nhuan Jewelry Joint Stock Company (PNJ), the price of SJC gold bars was listed at 36.25 - 36.45 million VND/tael (buy - sell), an increase of 50 thousand VND for buying and an increase of 70 thousand VND for selling compared to the same time yesterday.
The world gold price is currently listed at 1287.90 - 1288.90 USD/ounce. 9999 gold price for December delivery increased by 7 USD/ounce to 1286.70 USD/ounce.
Notable information is the content of the minutes of the Federal Open Market Committee (FOMC) meeting in July 2017 published, in which members of the Committee were divided on the FED's view on raising interest rates in the near future. Some FOMC members expressed concern about economic growth in some countries in the region, adding that inflation is at a low level.
Information about political tensions between the US and North Korea from the beginning of the week put great pressure on gold prices. Tensions ease as President Donal Trump's administration says it will try to reach a denutiarization deal on the Korean peninsula through diplomatic channels.
However, experts warn that the US and South Korean military are preparing for an exercise next week. This information could anger North Korean leader Kim Jong Un. Thus, the US-North Korea tensions can flare up at any time, which will strongly affect the psychology of investors and gold prices.
The US dollar index decreased slightly in yesterday's trading session.
In the foreign exchange market, the central exchange rate announced by the State Bank on the morning of August 17 was VND 22,450/USD, unchanged from the previous session. Vietcombank's USD exchange rate today is listed at 22,690 - 22,760 VND/USD (buy - sell), unchanged in both directions compared to the previous trading session.
