Domestic gold prices on the morning of January 15 are being traded at the following level:
Opening this morning's trading session, the gold price at 9:00 a.m. was listed by SJC Hanoi at 42.92 million VND/tael (up 350,000 VND/tael for buying) and 43.32 million VND/tael (up 300,000 VND/tael for selling) compared to the morning session on January 14.
Doji Hanoi Jewelry Group listed at 42.95 million VND/tael (up 250,000 VND/tael for buying) and 43.15 million VND/tael (up 250,000 VND/tael for selling) compared to the morning session of January 14.
Ho Chi Minh City SJC listed at 42.95 million VND/tael (up 350,000 VND/tael for buying) and 43.30 million VND/tael (up 300,000 VND for selling) compared to the morning session on January 14.
The world gold price on January 15 was listed at 1,546.6 USD/oz, up 4.1 USD/oz compared to the end of yesterday afternoon's trading session (Vietnam time).
Converted at Vietcombank (23,115 VND/USD), the world gold price is equivalent to 43.07 million VND/tael, 230,000 VND/tael lower than the selling price of SJC gold.
Gold may increase due to the simultaneous increase in US and previously European and Asian stock markets. US stocks set a new record.
Investors are rushing to pour money into high-risk assets, including stocks, as Beijing and Washington are about to sign a first-term trade deal and China are releasing better-than-expected economic data.
Many believe that the result of this deal will directly affect gold prices in the coming sessions.
Meanwhile, the USD and the yuan (NDT) increased sharply. The NDT even reached a 5-month high against the USD after the US removed the "labe" of currency manipulation against China.
