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Gold, oil and USD prices weaken together

VietNamNetVietNamNet28/06/2023


Gold price today, June 28: Around the 4-month low Gold price today, June 28, on the international market is still quite weak and around the 4-month low because the US economy occasionally sends positive signals and oil prices drop quite sharply.

At the end of the trading session on June 27, the buying price of 4-digit 9 gold bars at SJC Ho Chi Minh City was 66.35 million VND per tael and the selling price was 66.95 million VND per tael. The buying price of 4-digit 9 gold bars at SJC Hanoi was listed at 66.35 million VND per tael and the selling price was 66.97 million VND.

Doji Hanoi listed at 66.35 million VND per tael for buying and 66.95 million VND per tael for selling.

On the world market, the spot gold price on the night of June 27, Vietnam time, was traded at around 1,918 USD per ounce. The futures gold price was traded at 1,927 USD per ounce.

Gold prices today on the international market are still quite weak and around the bottom of the past 4 months because the US economy occasionally sends positive signals and oil prices fall quite sharply.

Gold came under pressure after the US announced that US durable goods orders in May rose 1.7% compared to the forecast of a 1% decline. This data immediately supported the USD, thereby putting pressure on gold.

On the stock market , in the trading session of June 27, VN-Index increased for the 6th consecutive session. At the end of the trading session, VN-Index increased by 2.3 points, to 1,134.33 points. HNX-Index decreased by 0.19 points, to 230.85 points. UPCoM-Index increased by 0.05 points, to 85.65 points.

USD price continues to decrease (Photo: Hoang Ha)

Regarding the dollar price , the exchange rate of Vietnamese Dong against the US dollar was listed by the State Bank on June 27 at 23,761 VND per USD, an increase of 6 VND compared to yesterday.

The reference exchange rate at the State Bank of Vietnam on June 27 was 23,400 VND for buying and 24,899 VND for selling. The USD price at commercial banks on June 27 was traded around 23,340 VND for buying and 23,710 VND for selling.

In the world, the price of the US dollar decreased slightly. The DXY index - measuring the strength of the USD compared to 6 major currencies at 9:55 p.m. on June 27 was at 102.54 points, down 0.15% compared to the previous session.

World oil prices today slightly decreased after increasing at the beginning of the week. Brent oil price is at 73 USD per barrel, while WTI oil price is at 68 USD per barrel.

In the domestic market, the selling prices of gasoline and oil today are applied according to the prices at the management session on the afternoon of June 21 by the Ministry of Finance - Industry and Trade. Accordingly, gasoline prices are adjusted to remain unchanged, while oil prices increase slightly.

Specifically, the price of RON 95 gasoline is 22,010 VND per liter. The price of E5 RON 92 gasoline is 20,870 VND per liter. The price of diesel oil increased to 18,170 VND per liter. The price of kerosene is 17,950 VND per liter.

The price of SJC gold rings reversed downwards, gold bars lost the 67 million VND/tael mark . The price of SJC gold rings today (June 27) reversed downwards after increasing in the previous 2 sessions. The price of SJC gold bars continued to decline from yesterday, losing the 67 million VND/tael mark.


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