24h Economy: Gold prices increase sharply

Phương Anh |

Gold prices increase simultaneously; Gasoline prices increase; Bitcoin nearly reaches 100,000 USD; Big4 interest rates... are notable economic news in the past 24 hours

Gold prices increased simultaneously

As of 6:15 p.m., the price of SJC gold bars listed by DOJI Group was at 85 - 87 million VND/tael (buy - sell).

Compared to the previous trading session, gold price at DOJI increased by 1.3 million VND/tael for buying and increased by 800,000 VND/tael for selling.

The difference between buying and selling prices of SJC gold at DOJI Group is at 2 million VND/tael.

Meanwhile, Saigon Jewelry Company listed the price of SJC gold at 85 - 87 million VND/tael (buy - sell).

Compared to the previous trading session, the gold price at Saigon Jewelry Company SJC increased by 1.3 million VND/tael for buying and increased by 800,000 VND/tael for selling.

The difference between buying and selling price of SJC gold at Saigon Jewelry Company is at 2 million VND/tael.

Bao Tin Minh Chau listed SJC gold price at 85.3 - 87 million VND/tael (buy - sell), unchanged. See more...

Gasoline prices increased across the board

World oil prices increased simultaneously on November 22 (Vietnam time). At 11:29 a.m., WTI crude oil was at 70.27 USD/barrel, up 0.17 USD/barrel, equivalent to an increase of 0.24%. WTI crude oil closed the previous trading session at 70.10 USD/barrel, opening today's session at 70.11 USD/barrel.

Brent crude oil was at $74.34 a barrel, up $0.11 a barrel, or 0.15 percent. Brent crude oil closed the previous session at $74.23 a barrel and opened today at $74.32 a barrel.

Thus, world oil prices just closed the session on November 21 with a strong increase of nearly 2%, the increase continued to be maintained in this morning's session. World oil prices increased sharply in the context of Russia just launching a hypersonic medium-range ballistic missile at a military facility in Ukraine and warning the West that Moscow can attack the military facilities of any country with weapons against Russia.

Market attention has now shifted to growing concerns about the escalation of the conflict in Ukraine, analysts said. Russia is the world's second-largest crude oil exporter after Saudi Arabia, so a major disruption there could impact global supplies. See more...

Big4 group interest rate highest 5%

The online deposit interest rate for 24-36 months at VietinBank is currently at 5%/year, which is the highest deposit interest rate in the Big4 group (referring to the 4 largest banks in the market today, including: BIDV, VietinBank, Vietcombank and Agribank). For the same term, at BIDV it is 4.9%/year, Agribank 4.9%/year, and Vietcombank is 4.7%/year.

However, for the 3-month term, Agribank listed interest rates at a higher level than the other 3 banks. Currently, this bank listed 2.9%/year for 3-month online deposits, while VietinBank and BIDV still listed 2.3%/year, and Vietcombank only listed 1.9%/year.

Vietcombank's interest rates are always listed lower than the other 3 banks. Interest rates at Agribank, VietinBank and BIDV do not differ much, except for 24-36 month and 3-month deposit terms. See more...

Bitcoin Price Nears $100,000 Mark

In the trading session on November 22 (Vietnam time), the price of Bitcoin on Binance increased by 4.04% to a historical high of 98,259 USD.

Notably, in the past 24 hours, the world's largest cryptocurrency traded at a low of $94,225 and at one point reached a high of $98,885.

Also according to CoinMarketCap, today, Bitcoin trading volume reached about 105.96 billion USD. Market capitalization remained at 1,943 billion USD.

On the Binance tracking tool, the prices of other leading virtual currencies in the market showed strong growth such as Ethereum increased by 8.98%, at 3,355 USD; BNB price increased by 2.71%, at 624.26 USD; SOL price increased by 8.32%; XRP price increased by 14.68% compared to yesterday's trading session. See more...

In Vietnam, representatives of the State Bank have repeatedly sent out the message: Bitcoin and other similar virtual currencies are not legal currencies and payment methods in Vietnam. The issuance, supply, and use of Bitcoin and other similar cryptocurrencies as payment methods are acts that are not in accordance with current laws.

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