Gold price today 11.9: Gold "falled" by 160,000 VND/tael, investors "massively" took profits

Lan Hương |

Gold prices today, September 11, suddenly dropped from a 1-year peak. Domestic SJC gold prices "flowed" from the 37 million VND/tael mark, the USD began to recover slightly.

Opening trading session this morning (September 11), DOJI Group listed SJC gold price at 36.90-37.00 million VND/tael (buy in - sell out), down 160 thousand VND in both directions compared to the trading session at the end of last week.

SJC gold price at Bao Tin Minh Chau was listed at 36.91-36.99 million VND/tael, down 160 thousand VND in both directions compared to the same time last weekend. Price of plain round gold rings Dragon Thang Long gold is trading at: 36.34 - 36.79 million VND/tael (buy - sell), down 190 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 36.83 - 37.03 million VND/tael (buy - sell), down 170 thousand VND in both directions compared to the same time in the trading session at the end of last week.

The world gold price is currently listed at 1,337.20 - 1,338.20 USD/ounce (buy - sell).

9999 gold price for December delivery on the New York Comex decreased by 0.7% to 1,341.70 USD/ounce.

Gold prices have fallen off a 1-year peak as the USD has strengthened. The tense situation in North Korea will continue to affect investor sentiment. Pyongyang warned that the US would have to pay a price for its actions to push the United Nations to impose a sanctions on North Korea.

President Donald Trump signed a bill on Friday to extend the government debt limit for three months and provide $15 billion to provide aid to areas affected by the storm.

It is early to predict that the US Federal Reserve will continue to raise interest rates as the Fed tightens monetary policy, said William Dudley, chairman of the US Federal Reserve in New York, told CNBC.

In the foreign exchange market, the central exchange rate announced by the State Bank on the morning of September 11 was VND 22,432/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.

Lan Hương
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