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Gold price ends the week up, oil down, USD plummets

VietNamNetVietNamNet26/11/2023


At the end of the trading session on the weekend of November 25, the price of SJC 9999 gold bars in Ho Chi Minh City was listed at VND71.3 million per tael for buying and VND72.3 million per tael for selling. The price of SJC 4-digit 9 gold bars was listed in Hanoi at VND71.3 million per tael for buying and VND72.32 million per tael for selling.

DOJI gold bar price in Hanoi closed on November 25 at 71.2 million VND per tael for buying and 72.3 million VND per tael for selling.

The international spot gold price on Kitco closed the week at $2,000.3 an ounce. The gold futures price was at $2,023 an ounce.

Gold prices today, November 26, on the world market increased for the second consecutive week. Gold prices regained the $2,000 per ounce mark in the last trading session of the week, ending the week of price increases.

On the stock market , in the last trading session of the week, November 24, VN-Index increased by 7.12 points, to 1,095.61 points. HNX-Index increased by 1.56 points, to 226.1 points. UPCoM-Index increased by 0.04 points, to 84.99 points.

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USD price plummets (Photo: Reuters)

The central exchange rate between the Vietnamese Dong and the US dollar announced by the State Bank on November 24 was 23,927 VND/USD. The USD price at commercial banks on November 25 was listed around 24,050-24,420 VND/USD (buy - sell).

The world USD price continued to decline at the end of the week. The DXY index - measuring the strength of the USD compared to 6 major currencies - ended the week at 103.42 points, down 0.49% compared to the previous session. The world USD price last week recorded a sharp decline.

International oil prices fell for the third consecutive session at the end of the week. Brent crude oil ended the week at $80.58 per barrel, and WTI crude oil at $75.54 per barrel.

In the domestic market, the selling prices of gasoline and oil today, November 26, are applied according to the prices at the management session on the afternoon of November 23 of the Ministry of Finance - Ministry of Industry and Trade. The retail prices of all gasoline and oil are adjusted down.

Accordingly, the price of E5 gasoline decreased to 21,690 VND per liter. The price of RON95 gasoline decreased to 23,020 VND per liter.
Diesel price dropped to 20,280 VND per liter while kerosene price dropped to 20,940 VND per liter.

Morning financial news 11/25/2023: Gold price at high level, oil and USD weaken Gold price today 11/25/2023 on the world market is stable at high level. Meanwhile, world oil price continues to decrease. International USD price also weakens.


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