Opening this morning's trading session (September 7), DOJI Group listed the price of SJC gold at 37.01 - 37.15 million VND/tael (buy - sell), an increase of 120 thousand VND for buying and an increase of 180 thousand VND for selling compared to the same time in yesterday's trading session.
SJC gold price at Bao Tin Minh Chau is listed at 37.08 - 37.16 million VND/tael, an increase of 180 thousand VND for buying and an increase of 200,000 VND for selling compared to the same time yesterday. Price of plain round gold rings Dragon Thang Long gold is trading at: 36.56 - 37.01 million VND/tael (buy - sell), an increase of 340 thousand VND for buying and 270 thousand VND for selling compared to the previous trading session.
At Phu Nhuan Jewelry Joint Stock Company (PNJ), the price of SJC gold bars was listed at 37.04 - 37.24 million VND/tael (buy - sell), an increase of 170 thousand VND in both directions compared to the same time in yesterday's trading session.
The world gold price is currently listed at 1,349 - 1,350 USD/ounce (buy - sell).
9999 gold price for December delivery on the New York Comex increased by 10.40 USD to 1349.40 USD/ounce.
The first resistance zone was recorded at the current high of 1,355.50 USD/ounce and then 1,360 USD/ounce. The first support level was confirmed at the current low of 1,337.20 USD/ounce and then the low of 1,331.10 USD/ounce.
World gold prices have reached a one-year peak. The main reason for the soaring gold price is the "difficult" decline of the USD in 2.5 years.
Experts said that the USD plummeted after investors received statistics saying that last week, the number of unemployment claims in the US increased to the highest level in more than 2 years.
A notable piece of information that will affect gold prices this week is the speech of European Central Bank (ECB) President Mario Draghi. Contrary to market expectations, at the monetary policy meeting, ECB President Mario Draghi said the ECB would not make any changes to interest rates or monetary policy.
Mr. Draghi said the ECB will keep its current monetary policy unchanged until at least December 2017. However, Draghi's other comments are understood to suggest that the ECB will start tightening monetary policy in January 2018. The Euro has reached a level 2.5 years higher after the ECB meeting.
On the foreign exchange market, the central exchange rate announced by the State Bank on the morning of September 7 was VND 22,432/USD, down VND 7 compared to 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.
