On the third day of Tet (Lunar New Year), the selling price of gold was 179 million VND per tael.

Domestic gold prices fell on the morning of the third day of Tet compared to before the holiday, despite the global recovery.

This morning (February 19th), the third day of the Lunar New Year,   gold price   Globally, prices rebounded after a sharp drop the previous day, reaching $4,963 per ounce. Compared to the decline on February 18th, the precious metal has risen by approximately $80 per ounce. Domestically,   gold bars   At Phu Quy Gold Investment Company, the buying price was announced at 176 million VND/ounce and the selling price at 179 million VND, a decrease of 2 million VND compared to before Tet. Phu Quy round gold rings were bought at 175.7 million VND/ounce and sold at 178.7 million VND, a decrease of 1.8 million VND. Large companies like SJC and PNJ are still on Tet holiday, so gold prices remain unchanged.

Domestic gold prices decreased on the morning of the third day of the Lunar New Year compared to before the holiday.

According to Reuters,   gold price   Global markets rebounded as investors assessed simmering geopolitical risks, while also awaiting the minutes of the US Federal Reserve's January meeting, expected to be released later today (US time). The news agency quoted Marex analyst Edward Meir as saying there are some concerns about existing geopolitical tensions with both Iran and the US. However, we traded within a very narrow range for much of February. It's really impossible to say there's a clear direction at this point.

Iran and the US reached an agreement on key "guiding principles" on February 17th in talks to resolve their protracted nuclear dispute, but that doesn't mean a deal is imminent. Meanwhile, investors are awaiting the minutes of the Federal Reserve's two-day meeting on January 16-17, amid easing labor market risks and slow progress in controlling inflation. This week, investors will also be closely watching the US personal consumption expenditures report, due out on Friday. This is the Fed's preferred measure of inflation – to look for clues about inflation and its potential impact on borrowing costs. According to CME's FedWatch tool, the market is currently anticipating a total of two interest rate cuts this year, with the first expected in June...

Source: https://baotayninh.vn/mung-3-tet-gia-vang-ban-ra-179-trieu-dong-luong-139493.html