Gold price domestic
At noon on March 20, the price of gold decreased slightly compared to yesterday. Specifically, SJC gold price traded at Saigon Jewelry Company in the city area. Ho Chi Minh is around 3 - 79,70 million VND/tael, down 81,70 thousand VND/tael for buying and down 200 thousand VND/tael for selling compared to yesterday's closing session. The difference between buying and selling is 200 million VND/tael.
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Prices at Saigon Jewelry Company in Hanoi area are around 79,70 - 81,72 million VND/tael, down 200 thousand VND/tael for buying and down 200 thousand VND/tael for selling compared to yesterday's closing session. via. The difference between buying and selling is 2 million VND/tael.
SJC gold bar price at Bao Tin Minh Chau Company traded around 79,75 - 81,55 million VND/tael, down 150 thousand VND/tael for buying and down 150 thousand VND/tael for selling compared to the previous closing session. .
At Phu Quy Group, the price of SJC gold bars is currently trading around 79,70 - 81,60 million VND/tael of buying - selling, down 100 thousand VND/tael of buying and down 200 thousand VND/tael of buying. sold out compared to yesterday.
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SJC gold bar price at Bao Tin Manh Hai Company traded around 79,75 - 81,55 million VND/tael, down 200 thousand VND/tael for buying and 250 thousand VND/tael for selling compared to the previous closing session. .
Besides, the price of gold ring (24k) 999.9 today also decreased slightly. Specifically, the price of Thang Long dragon gold bars and plain round rings at Bao Tin Minh Chau Company traded at 68,02 - 69,22 million VND/tael of buying - selling, down 50 thousand VND/tael of buying. came in and reduced 50 VND/tael of afternoon tea sold compared to yesterday.
Thang Long dragon gold jewelry 999.9 (24k) is trading around 67,40 - 68,90 million VND/tael, down 50 thousand VND/tael bought and down 50 thousand VND/tael sold compared to yesterday. via.
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| Gold price traded at Bao Tin Manh Hai |
Similarly, Thang Long Golden Dragon blister rings and Kim Gia Bao blister rings are trading at Bao Tin Manh Hai Company around 68,02 - 69,22 million VND/buying - selling amount, down 50 thousand VND. /quantity of pm bought and reduced by 50 VND/tael of pm sold compared to yesterday's closing session.
Gold price 999.9 is around 67,20 - 68,90 million VND/tael, an increase of 50 thousand VND/tael for buying and an increase of 50 thousand VND/tael for selling compared to yesterday's closing session. The 99.9 gold price is currently moving around 67,10 - 68,80 million VND/tael, an increase of 50 VND/tael for buying and an increase of 50 VND/tael for selling compared to yesterday's closing session.
At Phu Quy Group, Phu Quy 999.9 round ring, Phu Quy 999.9 God of Wealth are trading around 67,90 - 69,10 VND/tael, down 50 VND/tael to buy and down 50 VND/tael to buy. sold compared to yesterday.
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| Gold price traded at Phu Quy Group |
24K 999.9 gold, is trading around 67,30 - 68,80 million VND/tael, down 50 thousand VND/tael purchased and down 50 thousand VND/tael sold compared to yesterday.
World gold price
On the world gold market, the spot price of gold on the Kitco floor at noon on March 20 (Vietnam time) was trading at 3 USD/ounce, down 2.156 USD compared to yesterday morning. This price after conversion is equivalent to 6 million VND/tael, about 64,8 million VND/tael lower than SJC gold and about 16,9 - 9999 million VND/tael lower than the 3,9 gold ring price.
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| World gold price chart this afternoon |
World gold prices are almost flat before the US Federal Reserve's (FED) policy meeting taking place today. The meeting is expected to provide more information about when the FED will start lowering interest rates for the first time this year.
Currently, the market seems certain that the US Central Bank will maintain the current interest rate at this meeting. What the market is waiting for is updated economic forecasts and interest rates from policymakers.
According to CME's FedWatch interest rate tracker, investors are currently pricing in about a 51% chance that the Fed will cut interest rates in June.
In addition, central banks in Japan, England, Australia, Norway, Switzerland, Mexico, Brazil and Indonesia will also meet this week. Experts predict that these banks will maintain their current interest rates.
