Gold price today 7.7: Breakthrough increase at the end of the week?

Đ.P |

Gold prices today, July 7, are expected to increase sharply in the last session of the week due to the impact of world gold.

Opening this morning, the price of 1kg of SJC gold of Saigon Jewelry One Member Co., Ltd. was listed at 36,750 - 36.930 million VND/tael, an increase of 40,000 VND/tael compared to the closing price of the previous session.

Meanwhile, the gold price of Doji Group retail in Hanoi is listed at 36,740 - 36,840 million VND/tael (buy - sell), an increase of 30,000 VND/tael compared to the closing price of the previous day.

The price of SJC gold bars of Phu Nhuan Jewelry Joint Stock Company (PNJ) in the Hanoi market was listed at 36.720 (buy) - 36.900, million VND/tael (sell), an increase of 80,000 VND/tael compared to the closing price of the previous trading session.

The price of 9999.9 (24k) of Bao Tin Minh Chau's 9999.9 Thang Long gold price decreased by 10,000 VND/tael compared to the closing price of the previous day, listed at 35.460 - 35.910 million VND/tael (buy - sell).

In contrast to domestic gold prices, on the world market, by 10:00 p.m. last night (September 6), spot gold prices were trading at 1,255.8-1,256.8 USD/ounce after falling slightly by 0.12%.

Meanwhile, the price of gold for delivery in August 2018 also decreased by 0.1% to 1,257.5 USD/ounce.

In this session, gold prices were supported by a weak US dollar against other major currencies before the US jobs market report was released.

However, investors are also cautious about China's response to the US tax move.

At noon on July 6, Vietnam time, the US began collecting import taxes on Chinese goods worth $34 billion.

In response, a spokesperson for the Chinese Foreign Ministry said that China's measures against the US immediately took effect after the US activated the imposition of tariffs on goods imported from China.

Đ.P
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