HomeEconomyFinancial investmentGold price is difficult to break through, oil and USD increase

Gold price is difficult to break through, oil and USD increase


Gold price today 5/6: Forecast to increase but difficult to break throughWorld gold price recorded a slight increase for the first time in 3 weeks. Many experts affirmed that gold prices are unlikely to break through.

Closing session 3/6, gold price Pieces 4 and 9 bought at SJC HCMC were 66,35 million dong per tael and 67,05 million dong per tael on the selling side. The price of gold bars 4 and 9 at SJC Hanoi is listed at 66,35 million dong per tael in the buying and selling afternoons at 67,07 million dong.

Doji Hanoi listed at 66,35 million dong per tael on the buying side and 66,95 million dong per tael on the selling side.

In the world market, spot gold price 3/6 Vietnam hour traded around 1.947,5 USD per ounce. Gold futures are trading at $1.948 an ounce.

The world gold price last week recorded an increase for the first time in 3 weeks, but the increase was quite weak. At the end of last week, although the price of gold could not rise to $ 2.000 per ounce, it escaped the lowest price in 2 months. This will be an important driving force for gold prices to increase in the near future.

However, many experts see that, in the context of stable US economic indicators, although gold prices have increased, in the long term, it is difficult to achieve a breakthrough to come close to the all-time high price set last month.

On stock market, in the last session of last week, VN-Index gained strongly. At the end of the session, the VN-Index increased by 12,45 points to 1.090,84 points. HNX-Index increased 2,06 points to 226,03 points. UPCoM-Index increased 0,46 points to 83,96 points.

The price of USD increased. (Photo: Hoang Ha)

Go back dollar price, the exchange rate of Vietnam dong against the US dollar was listed by the State Bank on May 3 at 6 VND per USD.

The reference rate at the State Bank of Vietnam on May 3 was 6 VND for buying and selling at 23.400 VND per dollar. The USD price at commercial banks on May 24.858 was trading around 3 dong per USD in the buying afternoon and 6 dong per USD in the selling afternoon.

Around the world, the price of the US dollar increased sharply. The DXY Index - a measure of the dollar's strength against six major currencies - ended the week at 6 points.

Gasoline prices The world tended to go up following the uptrend from the last 2 sessions of last week. But in general, last week, world oil prices dropped slightly after 2 consecutive weeks of increase.

Closing last week, the price of Brent oil traded at $ 76,13 a barrel, while the price of WTI oil was at $ 71,74 per barrel.

In the domestic market, the selling price of gasoline today is applied according to the price at the afternoon session of June 1 of the inter-Ministry of Finance - Industry and Trade.

Specifically, the price of RON 95 gasoline increased to 22.010 VND per liter. Gasoline price E5 RON 92 to 20.870 VND per liter. The price of diesel oil fell to VND 17.940 per liter. The price of kerosene fell to 17.770 VND per liter.
 

Gold price fell, buying from the beginning of May lost 5 VND/taelDomestic gold price decreased, customers lost 300.000 VND/tael if they bought after the holidays of April 30 and May 4.

Petrol prices today 5/6: Continuing the price increasePetrol prices today (June 5) on the world market tended to go up following the upward momentum from the last 6 sessions of last week. But in general, last week, world oil prices dropped slightly after 2 consecutive weeks of increase.



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