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Gold and oil prices go up, USD goes down

VietNamNetVietNamNet22/10/2023


At the end of the trading session on October 20, the price of 4-digit 9 gold bars at SJC Ho Chi Minh City was listed at 70.25 million VND per tael for buying and 70.95 million VND per tael for selling. The price of 4-digit 9 gold bars at SJC Hanoi was at 70.25 million VND per tael for buying and 70.97 million VND per tael for selling.

Doji gold bar price in Hanoi is traded at 70.3 million VND per tael for buying and 71.1 million VND per tael for selling.

The international spot gold price on Kitco floor at 9:58 p.m. on October 20, Vietnam time was at 1,990.2 USD per ounce. The futures gold price was at 2,001.8 USD per ounce.

Gold prices today, October 21, on the world market continued to increase due to the demand for safe havens. Tensions in the Middle East are increasing, investors are turning to gold.

On the stock market , at the end of the session on October 20, VN-Index increased by 20.18 points, to 1,108.03 points. HNX-Index increased by 5 points, to 228.45 points. UPCoM-Index increased by 0.62 points, to 85.62 points.

usd price today 9/29/2023 1 1176.jpg
USD price goes down (Photo: Bloomberg)

The central exchange rate between the Vietnamese Dong and the US dollar announced by the State Bank on October 20 was 24,110 VND per USD, up 10 VND compared to the previous session. The USD price at commercial banks on October 20 decreased slightly, closing the session listed around 24,330-24,700 VND per USD (buy - sell).

Similarly, the world USD price cooled down on October 20. The DXY index - measuring the strength of the USD against 6 major currencies - at 9:52 p.m. on October 20, Vietnam time, was trading at 106.14 points, down 0.1% compared to the previous session.

Today's oil prices on the world market maintained the upward trend from the previous 3 sessions. Brent oil price was kept at 93 USD per barrel, while WTI oil price was at 90 USD per barrel.

In the domestic market, the prices of gasoline and oil today, October 21, are applied according to the prices at the management session on the afternoon of October 11 of the Ministry of Finance - Ministry of Industry and Trade. Accordingly, gasoline and oil prices are adjusted down sharply.

Specifically, the price of E5 gasoline decreased to 21,900 VND per liter. The price of RON95 gasoline decreased to 23,040 VND per liter. The price of diesel oil decreased to 22,410 VND per liter. The price of kerosene decreased to 22,460 VND per liter.

The price of gold rings continues to skyrocket, reaching 59 million VND/tael . The price of gold rings in the country today, October 20, increased dramatically, reaching more than half a million VND/tael. The price of gold rings of all brands has reached 59 million VND/tael, reaching a historical peak.


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