Closing session 17/1, gold price 9999 pieces of SJC in Ho Chi Minh City are listed at 73,7 million VND per tael on the buying side and 76,2 million VND per tael on the selling side. SJC's 4-9 gold bar price is listed in Hanoi at 73,7 million VND per tael for buying and 76,22 million VND per tael for selling.
Meanwhile, the price of SJC gold bars traded at DOJI in Hanoi ending the January 17 session was listed at 1 million VND per tael on the buying side and 73,65 million VND/tael on the selling side.
The international spot gold price on Kitco at 21:32 p.m. on January 17, Vietnam time was at 1 USD per ounce. The price of gold delivered in February 2.027 on the Comex New York floor is at 2 USD per ounce.
Gold prices today, January 18, on the world market continue to be under pressure due to the strong increase in the USD. Domestically, the fear of State intervention causes both SJC gold bars and gold rings to tend to decrease.
On stock market, closing the trading session on January 17, the VN-Index decreased 1 points, down to 0,59 points. HNX-Index stood at reference price at 1.162,53 points. UPCoM-Index decreased 229,5 points, down to 0,07 points.
The central exchange rate between Vietnam Dong and US Dollar was announced by the State Bank on January 17 at 1 VND/USD, an increase of 24.017 VND compared to the previous session. USD price at commercial banks on January 30 decreased slightly, at the end of the session it was listed at around 17-1 VND/USD (buy - sell).
While, USD price the world goes up. The DXY index - measuring the strength of the USD compared to 6 major currencies - at 21:27 p.m. on January 17, Vietnam time, was at 1 points, up 103,5% compared to the previous session.
Gasoline prices Today, January 18, the world market tends to go down following the downward trend from the previous session.
According to analysts, international gasoline prices dropped quite sharply when the USD rose and China's economic recovery was lower than expected, despite escalating tensions in the Middle East.
In the domestic market, retail prices of petroleum products this afternoon will be applied according to the new price.
Leaders of some petroleum businesses said that domestic gasoline prices at today's operating period are likely to increase following the trend of world gasoline prices calculated on average over the past week.
If the executive agency does not spend the Gasoline Price Stabilization Fund, the domestic gasoline price could increase from 400 to 530 VND per liter. Oil prices are likely to increase from 210 to 470 VND per liter.
In case the Ministry of Industry, Trade and Finance spends the Stabilization Fund, gasoline prices may increase less.
