Opening this morning, Saigon Jewelry Company SJC is listed in Ho Chi Minh City at 36.55 - 36.73 million VND/tael (buy - sell).
Gold prices in Hanoi are listed at 36.55 - 36.73 million VND/tael (buy - sell), down 10 thousand VND/tael compared to yesterday.
Doji Group's gold price in Hanoi is listed at 36.60 - 36.70 million VND/tael (buy - sell), down 20 thousand VND/tael compared to yesterday.
At Phu Quy Jewelry Company, the price of SJC gold is listed at 36.60 million VND/tael (buy) and 36.70 million VND/tael (sell), down 10,000 VND/tael compared to yesterday.
The price of Rong Thang Long gold at Bao Tin Minh Chau system decreased by 100,000 VND per tael and at this point is only 34.34-34.79 million VND/tael.
As of early morning of August 24 (Vietnam time), the world spot gold price stood at 1,190 USD/ounce.
December gold delivery price on the New York Comex was at 1,197 USD/ounce.
World gold converted to USD is priced at 33.0 million VND/tael, excluding taxes and fees, about 3.8 million VND/tael lower than domestic gold.
World gold prices fell again as the USD ended a 6-day streak of continuous declines and turned to increase again after the US Federal Reserve (Fed) signaled complete independence from US President Donald Trump.
Trade tensions between the world's two largest economies continue to increase today, as US import tariffs and China retaliatory tariffs come into effect.
The US Customs and Border Guard has just begun collecting a 25% import tax on 279 Chinese goods with a total value of 16 billion USD. China's countervailing tax on similar US goods will also take effect immediately.
In total, since the beginning of July, the two countries have imposed tariffs on $50 billion in goods from each other. Washington will also hold a hearing this week on a list of proposed additional $200 billion in Chinese goods that could be taxed.
President Donald Trump said on August 23 that the market would collapse if he was impeached and had to leave the White House.
"If I was impeached, I would think the market would collapse. I think everyone will get poor," Trump said in an interview with Fox News.
According to CNBC news agency, the US stock market has not yet responded to the legal troubles Mr. Trump has faced this week, when two of his former presidential campaign advisers were charged with a number of criminal crimes, and one of them said they acted so under Mr. Trump's direction.
