HomeEconomyFinancial investmentGold price rises, USD turns down, oil plunges

Gold price rises, USD turns down, oil plunges


Closing session 1/6, gold price Pieces 4 and 9 bought at SJC HCMC were 66,4 million dong per tael and 67 million dong per tael on the selling side. The price of gold bars 4 and 9 at SJC Hanoi is listed at 66,4 million dong per tael in the buying and selling afternoons at 67,02 million dong.

Doji Hanoi listed at 66,4 million dong per tael on the buying side and 67 million dong per tael on the selling side.

On the world market, spot gold price on the night of 1/6 Vietnam time traded around 1.974,2 USD per ounce. Gold futures are trading at $1.973 an ounce.

The world gold price continued to increase after the US jobs report was released and the possibility of the US escaping the risk of default.

According to the newly released employment report, the US economy added 278.000 jobs in May. This is the third consecutive month of unexpected increases in the number of jobs. 

Meanwhile, the agreement to raise the US debt ceiling has been approved by the House of Representatives and moved to the Senate for the next vote.

The US Federal Reserve may support the option of not raising interest rates in June. This gives the Fed more time to thoroughly assess the economic situation.

On stock market, in the trading session 1/6, VN-Index increased slightly. At the end of the session, the VN-Index increased by 3,22 points to 1.078,39 points. HNX-Index increased 1,16 points to 223,97 points. UpCoM-Index increased 1,46 points (+1,78%), to 83,51 points. 

USD price reversed to go down (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 1 at 6 dong per USD, up 23.729 dong compared to the previous day.

The reference rate at the State Bank of Vietnam on May 1 was 6 VND for buying and selling at 23.400 VND per dollar. The USD price at commercial banks on May 24.865 was trading around 1 dong per USD in the buying afternoon and 6 dong per USD in the selling afternoon.

In the world, the US dollar price reversed slightly. The DXY index - which measures the strength of the USD against 6 major currencies - at 21:48 pm on May 1 fell to 6 points, down 103,87% compared to the previous session.

Gasoline prices world The decline has not stopped due to many factors such as weak economic data from China, increase in US oil reserves and the strengthening of the dollar. Brent oil price fell to 72 USD per barrel, while WTI oil price was at 67 USD 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.

Accordingly, the price of gasoline RON 95 increased by 520 VND per liter, the selling price was 22.010 VND per liter. E5 RON 92 gasoline increased by 390 VND per liter, to 20.870 VND per liter. The price of diesel oil decreased by 10 dong per liter to 17.940 dong per liter. The price of kerosene fell by 190 dong per liter to 17.770 dong per liter.

Gold ring price plummeted, half a month 'evaporated' more than 1 million VND/taelThe price of gold rings today (June 1) continues to go down. Compared to the peak set half a month ago, the price of SJC ring gold has "evaporated" to more than 6 million dong/tael.



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