Gold price today, January 24: All increased sharply right before Tet

Khương Duy |

Gold prices today, January 24, simultaneously adjusted up in both domestic and international markets due to many supporting factors.

Domestic gold prices this morning, January 24, are being traded at the following level:

Opening this morning's trading session, the gold price at 9:00 a.m. was listed by Bao Tin Minh Chau at 43.65 - 43.95 million VND/tael (an increase of 150,000 VND/tael for both buying and selling).

Doji Hanoi Jewelry Group listed at 43.45 million VND/tael (buy) and 43.85 million VND/tael (sell).

Ho Chi Minh City SJC listed at 43.30 million VND/tael (buy) and 43.75 million VND/tael (sell).

Phu Quy SJC listed gold prices at 43.50 million VND/tael (buy) and 43.80 million VND/tael (sell).

The world gold price today, January 24, is listed at 1,562.81 USD/ounce.

According to bank USD, world gold is equivalent to about 43.47 million VND/tael. The world gold price is currently about 280,000 VND/tael lower than the domestic gold price (excluding taxes and fees).

Meanwhile, the price of gold for delivery in March 2020 was recorded on the New York market comex market Mercantile Exchanghe at 1,565.2 USD/ounce, up 5.2 USD in the session.

World gold prices increased sharply due to a weakening stock market. Many countries in the Asian region will not trade during the long Tet holiday. pulmonary inflammation caused by the virus virus virus is serious in China.

According to SCMP, China's Yunnan City fell into panic after the government ordered the closure of airports, terminals, and train terminals, while roads were blocked because too many people tried to leave the city.

So far, virus virus corona infections have been detected in Hong Kong, Japan, South Korea, Hong Kong, Macau, Thailand and the US.

In Europe, after the unrest from the UK's withdrawal from the European Union ( Brexit), the region is facing a trade war after US President Donald Trump declared "the EU is worse than China".

In addition, the ECB's decision to keep interest rates at a record low also partly stimulates the flow of money to safe-haven assets, including gold.

Khương Duy
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