USD price increases. Illustration photo
At 9:30 a.m., Saigon Jewelry Company listed the price of SJC gold bars at VND79 million/tael (buy) - VND81 million/tael (sell), an increase of VND800,000/tael (buy) and VND300,000/tael compared to the end of the previous day.
Phu Nhuan Jewelry Joint Stock Company increased by VND500,000/tael (buying) and VND400,000/tael (selling), to VND78.5 million/tael (buying) - VND80.9 million/tael (selling).
Bao Tin Minh Chau Company Limited set the price of gold bars of the same brand at 78.95 million VND/tael (buy) - 80.85 million VND/tael (sell), higher than the end of the previous day by 950,000 VND/tael (buy) - 80.85 million VND/tael (sell).
The price of gold rings increased by 500,000 - 600,000 VND/tael each way, to 67.6 - 68.68 million VND/tael (buy) and 68.9 - 70.18 million VND/tael (sell).
Domestic gold prices increased because the world precious metal price after a deep decline bounced back, "increasing" by 18 USD, to 2,174 USD/ounce early this morning in the context of the market expecting the US Federal Reserve to cut interest rates in June 2024.
In the foreign exchange market, the central exchange rate of VND to USD, applied for March 14, is 1 USD = 23,967 VND, an increase of 10 VND compared to the previous day.
At commercial banks, Vietcombank listed the USD price at 24,480 VND (buy) - 24,510 VND (sell), up 30 VND compared to yesterday.
Agribank increased 40 VND per USD, to 24,500 VND (buy) - 24,520 VND (sell). BIDV listed at 24,535 VND (buy) - 24,535 VND (sell), 10 VND per USD higher than the end of the previous day.
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