Update on the closing price of gold on November 29: The difference is too high, risk of loss

As of 7:15 p.m. on November 29, the domestic gold price was listed at VND72.2 - 73.7 million/tael (buy - sell). Meanwhile, the world gold price listed on Kitco was at USD2,039.9/ounce.

Domestic gold price

Domestic gold price fluctuations

World gold price developments

World gold prices surged amid the sideways USD. Recorded at 7:15 p.m. on November 29, the US Dollar Index, which measures the greenback's fluctuations against six major currencies, stood at 102.715 points. Markets are paying attention to inflation data monitored by the US Federal Reserve (FED) to be released this week. On November 28, FED Governor Christopher Waller mentioned the possibility of lowering interest rates in the coming months. Meanwhile, Asian stocks had mixed results. At the close of the session, Japan's Nikkei 225 index fell 0.3% to 33,321.22 points. Hong Kong's Hang Seng index (China) fell 2.1% to 16,993.44 points, while Shanghai's Shanghai Composite index fell 0.6% to 3,021.69 points. Sydney, Singapore, Taipei, Mumbai, Bangkok and Jakarta markets rose, while Wellington was steady. Gold rose as oil, closely related to the precious metal, rose slightly. Investors were cautious ahead of a key OPEC+ meeting to decide on output policy in the coming months, while supply disruptions due to a storm in the Black Sea pushed prices higher. US West Texas Intermediate (WTI) crude rose to $76.58 a barrel. Brent crude futures rose to $81.71 a barrel (data recorded at 1:25 p.m.).