Gold and oil prices fall, USD rises

At the end of the trading session on October 26, the price of 4-digit 9 gold bars at SJC Ho Chi Minh City was listed at 70.05 million VND per tael for buying and 70.75 million VND per tael for selling. The price of 4-digit 9 gold bars at SJC Hanoi was at 70.05 million VND per tael for buying and 70.77 million VND per tael for selling.

Doji gold bar price in Hanoi is traded at 69.95 million VND per tael for buying and 70.75 million VND per tael for selling.

The international spot gold price on Kitco floor at 9:36 p.m. on October 26, Vietnam time was at 1,975.4 USD per ounce. The futures gold price was at 1,983.8 USD per ounce.

Gold prices today, October 27, on the world market decreased after better-than-expected US economic data caused the USD to increase in price, supporting treasury bond interest rates.

On the stock market , at the end of the session on October 26, VN-Index decreased by 46.21 points, down to 1,055.45 points. HNX-Index decreased by 12.03 points, down to 219.98 points. UpCoM-Index decreased by 2.78 points, down to 82.79 points.

price usd 1 1378 1035 1630 1325.jpg — USD price goes up. (Photo: Reuters)

The central exchange rate between the Vietnamese Dong and the US dollar announced by the State Bank on October 26 was 24,095 VND per USD, up 8 VND compared to the previous session. The USD price at commercial banks on October 26 increased slightly, closing the session listed around 24,390-24,760 VND per USD (buy - sell).

Similarly, the world USD price also increased on October 26. The DXY index - measuring the strength of the USD against 6 major currencies - at 9:23 p.m. on October 26, Vietnam time was trading at 106.82 points, up 0.28% compared to the previous session.

Today, October 27, the world oil price continued to decline from the previous session. Oil prices cooled down due to a series of factors such as increased US crude oil reserves, the rising USD, and the gloomy economic outlook in Europe.

In the domestic market, the selling prices of gasoline and oil today, October 27, are applied according to the prices at the management session on the afternoon of October 23 of the Ministry of Finance - Ministry of Industry and Trade. Accordingly, gasoline and oil prices are adjusted up slightly.

Specifically, the price of E5 gasoline increased to 22,360 VND per liter. The price of RON 95 gasoline increased to 23,510 VND per liter. Meanwhile, the price of diesel increased to 22,480 VND per liter, and the retail price of kerosene increased to 22,750 VND per liter.

The price of gold rings skyrocketed, reaching a new peak . The price of gold rings in the country today, October 26, increased sharply. The price of SJC gold rings increased by half a million VND/tael. The price of gold rings of all brands far exceeded the mark of 59 million VND/tael, reaching a historical peak.

Source