Domestic gold price is stable

World gold prices continue to fall, domestic gold prices on the morning of July 28 remained at 121.1 million VND/tael.

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

Domestic gold price has no fluctuations

Specifically, at 10:25 a.m., Saigon Jewelry Company (SJC), DOJI Group listed the price of gold bars at 119.6 - 121.1 million VND/tael (buy - sell). The listed price for both buying and selling remained the same 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/tael (buy - sell).

Saigon Jewelry Company SJC listed the price of gold rings at 114.5 - 117 million VND/tael (buy - sell).

DOJI Group listed the price of gold rings at 116 - 118.5 million VND/tael (buy - sell).

Domestic gold prices remain stable.

World gold price goes down

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

Spot gold fell 0.1% to $3,332.18 an ounce, after hitting its lowest since July 17. U.S. gold futures fell 0.1% to $3,331.60 an ounce.

The United States reached a framework trade deal with the EU on July 27, imposing 15% import tariffs on most EU goods, half the previously announced tariffs and averting a wider trade war between two partners that account for nearly a third of global trade.

However, the deal still fails to address key issues, including tariffs on spirits.

The deal has eased transatlantic trade tensions, which has put pressure on gold, said Jigar Trivedi, a commodities analyst at Reliance Securities.

The dollar index fell 0.1%, making greenback-priced gold more accessible to buyers using other currencies.

Risk assets became more attractive after the deal, with European currencies gaining and US stock futures rising.

Meanwhile, senior negotiators from the US and China will meet in Stockholm, Sweden, on July 28 to resolve long-running economic disputes, seeking to extend a truce to avert further tariff increases.

Mr. Trivedi does not expect gold prices to fluctuate much in the short term, as investors are turning their attention to monetary policy and US economic data due 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 ends on July 30.

vtv.vn

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