(Photo: Thanh Dat)
Domestic gold price this morning fell
Domestic gold price on August 2 decreased, trading near the mark of 8 million VND/tael.
Specifically, as of 10 am this morning, DOJI gold price in Hanoi was listed at 66,6 million VND/tael bought and 67,35 million VND/tael sold, an increase of 50.000 VND sold compared to the previous session. yesterday.
In Ho Chi Minh City, the gold price of this brand, bought at a similar level, but sold at 100.000 VND lower than in Hanoi.
Meanwhile, SJC gold price this morning listed buy-sell at 66,65-67,27 million dong/tael, down 100.000 dong/tael in both buying and selling directions compared to yesterday.
PNJ gold is buying at 56 million dong/tael and selling at 57,1 million dong/tael, down 200.000 dong and 100.000 dong respectively from the previous day.
World gold price this morning fell
World gold price today 2/8 fell with spot gold down 17,3 USD to 1.948,2 USD/ounce. December gold futures last traded at $12 per ounce, up $1.985,8 from the previous session.
Spot gold this morning fell below the $1.950 mark as investors reacted to the dollar's recovery and rising US Treasury yields.
The market is cautiously awaiting the July US Nonfarm Payrolls data, which is due to be released on Friday. Current projections suggest that the report will reveal 7 new jobs were added in July, compared with 6 announced in June. These projections could be the underlying drag on some homes. take profit before the official report is published.
The banking crisis in May, when several US and European banks collapsed, created a significant risk event, said Juan Carlos Artigas, head of research at the WGC World Gold Council. boost demand for physical gold. Global uncertainty is "supporting" strong jewelry sales in key markets such as China.
The expert said that investors are still on the sidelines because the Fed is still open to options related to its monetary policy in the coming time.
Although last week's Federal Open Market Committee (FOMC) meeting, statements by Fed Chairman Jerome Powell raised more questions than questions from investors, analysts and economists. replied regarding the Fed's monetary policy plan, but many believe that next month's meeting, the FED will not continue the tightening monetary policy with another interest rate hike.
The latest information provided by the CME group's Fedwatch interest rate tracker predicts that there is an 82,5% chance that interest rates will remain unchanged after the Fed raises interest rates by 0,25 percentage points (25 basis points). version) at the last meeting.
This morning, the USD-Index, which measures the volatility of the greenback, has risen to 102 points, reaching the highest level in 3 weeks; US stocks are still in the process of accumulation after the sprint; oil continued to have a session up nearly 1%, to the area of 85,6 USD/barrel due to scarce supply and increased demand.
