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Gold prices rise sharply, USD and oil plummet

VietNamNetVietNamNet26/04/2023


At the end of the trading session on April 26, the buying price of 4-digit 9 gold bars at SJC Ho Chi Minh City was 66.55 million VND per tael and the selling price was 67.15 million VND per tael. The buying price of 4-digit 9 gold bars at SJC Hanoi was listed at 66.55 million VND per tael and the selling price was 67.17 million VND.

Doji Hanoi listed at 66.45 million VND per tael for buying and 67.05 million VND per tael for selling.

On the world market, the spot gold price on the night of April 26 was traded at 1,999 USD per ounce. The futures gold price was traded at 2,002 USD per ounce.

Gold prices on the international market skyrocketed to the threshold of 2,000 USD per ounce due to the decrease of the USD in the context of the US economy remaining quite gloomy.

The US greenback fell nearly 0.7% in the April 26 trading session. The US dollar weakened as US and European central banks showed signs of stopping interest rate hikes.

Gold prices jump (Photo: Hoang Ha)

On the stock market , in the trading session on April 26, VN-Index reversed to increase. At the end of the trading session, VN-Index increased by 5.95 points, to 1,040.8 points. HNX-Index increased by 1.16 points, to 205.84 points. UpCoM-Index increased by 0.02 points, to 78.01 points.

Regarding the dollar price , the exchange rate of Vietnamese Dong against the US dollar was listed by the State Bank on April 26 at 23,645 VND per USD, up 7 VND compared to the previous day. The reference exchange rate at the State Bank's Exchange listed on April 26 was 23,450 VND for buying and 24,777 VND for selling.

In the world, the price of the US dollar decreased slightly. The DXY index measuring the fluctuations of the US dollar against a basket of 6 major currencies at 9:47 p.m. on April 26, Vietnam time, decreased to 101.28 points.

Global oil prices continued to fall today as concerns about a deepening economic slowdown outweighed hopes for higher demand from China. Brent crude oil prices fell below the key $80 per barrel mark, while WTI crude oil prices fell to $76 per barrel.

In the domestic market, the selling prices of gasoline and oil today are applied according to the prices at the April 21 management session of the Ministry of Finance - Industry and Trade.

Accordingly, the price of RON 95 gasoline is 23,630 VND per liter. The price of E5 gasoline is down to 22,680 VND per liter. The price of diesel is no higher than 19,390 VND per liter. The price of kerosene is down to 19,480 VND per liter.

Gold price today, April 26: Increasing close to the threshold of 2,000 USD/ounce Gold price today, April 26, on the international market increased rapidly, approaching the threshold of 2,000 USD/ounce in the context of increased bottom-fishing demand for precious metals and falling US Treasury bond yields.


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