Domestic gold prices this morning, December 29, are being traded at the following level:
At the end of the trading session of the week, the gold price at 9:00 a.m. was listed by Bao Tin Minh Chau at 42.19 million VND/tael (up 40,000 VND/tael for buying) and 42.34 million VND/tael (up 40,000 VND/tael for selling) compared to yesterday morning's session.
Doji Jewelry Group listed at: 42.13 million VND/tael (buy) and 42.33 million VND/tael (sell), an increase of 110,000 VND compared to the previous day in the selling price.
Saigon Jewelry Company listed the price of SJC gold at 42.02 million VND/tael (buy) and 42.39 million VND/tael (sell) in Hanoi. The price of SJC gold bars in Ho Chi Minh City is listed at 42.37 million VND/tael.
The world gold price once increased to 1,515.8 USD/ounce and then decreased to 1,511 USD/ounce.
The optimistic sentiment of investors on trade between the US and China has a strong impact on the stock market.
Amazon shares increased 4.4% after a report by card company Mastercard showed that US consumers increased online shopping strongly in the year-end shopping season, with online retail sales reaching a record high.
The optimistic sentiment of investors on trade between the US and China has a strong impact on the stock market.
Amazon shares increased 4.4% after a report by card company Mastercard showed that US consumers increased online shopping strongly in the year-end shopping season, with online retail sales reaching a record high.
World gold prices skyrocketed to a 7-week high, surpassing the sensitive threshold of 1,500 USD/ounce right after the Christmas holiday. A series of bad information is still haunting financial markets.
Meanwhile, domestic gold bar prices at one point increased to 42.45 million VND, an increase of nearly 1 million VND compared to last weekend. This is the strongest increase since September.
Gold prices are heading for their best trading year since 2010 with an increase of 18% since the beginning of the year.
Some experts believe that partly because the US-China trade agreement is still vague and the world economy is unstable, investors are looking to buy gold.
Many people predict that gold prices will soon break through the threshold of 1,600 USD/oz in 2020.
