Domestic gold prices remain stable.

Gold prices in Asia fell to their lowest level in nearly two weeks.

Domestic gold prices remain unchanged.

Specifically, at 10:25 AM, Saigon Jewelry Company (SJC) and DOJI Group listed the price of gold bars at 119.6 - 121.1 million VND/ounce (buying price - selling price). The listed price for both buying and selling remained unchanged compared to the closing price of last weekend.

Similarly, Bao Tin Minh Chau Company listed the price of gold bars and gold rings at 116.2 - 119.2 million VND/ounce (buying price - selling price).

Saigon Jewelry Company (SJC) listed the price of gold rings at 114.5-117 million VND/ounce (buying price - selling price).

DOJI Group listed the price of gold rings at 116 - 118.5 million VND/ounce (buying price - selling price).

World gold prices are falling.

Gold prices in Asia fell to their lowest level in nearly two weeks on the morning of July 28, as a framework trade agreement between the US and the European Union (EU), reached before the August 1 deadline for tariffs, boosted demand for riskier assets.

Spot gold prices fell 0.1% to $3,332.18 per ounce, after touching their lowest level since July 17. US gold futures also fell 0.1% to $3,331.60 per ounce.

The US reached a framework trade agreement with the EU on July 27, imposing a 15% import tariff on most EU goods, half the previously announced rate, and averting a larger trade war between the two partners that account for nearly a third of global trade.

However, the agreement still hasn't resolved key issues, including tariffs on spirits.

Jigar Trivedi, a commodities analyst at Reliance Securities, believes the agreement has eased transatlantic trade tensions, thereby putting pressure on gold.

The US dollar index fell 0.1%, making gold, which is priced in the greenback, more accessible to buyers using other currencies.

Risk assets became more attractive following the agreement, with European currencies appreciating and US stock index futures rising.

Meanwhile, senior US and Chinese negotiators will meet in Stockholm, Sweden, on July 28 to resolve long-standing economic disputes and seek to extend a truce agreement aimed at preventing further tariff increases.

Mr. Trivedi does not believe that gold prices will fluctuate significantly in the short term, as investors are shifting their attention to monetary policy and US economic data to be released this week.

The US Federal Reserve (Fed) is expected to maintain its benchmark interest rate in the range of 4.25-4.5%, after its two-day policy meeting concludes on July 30.

vtv.vn

Source: https://baolaocai.vn/gia-vang-trong-nuoc-on-dinh-post649936.html