Gold ends the week with strong fluctuations; Live pigs drop to 55,000 VND/kg

Gold ends volatile week

At the end of the trading session on September 23, the price of 9999 gold bars at SJC Ho Chi Minh City was VND68.45 million/tael (buy) and VND69.15 million/tael (sell). SJC Hanoi listed at VND68.45 million/tael (buy) and VND69.17 million/tael (sell).

Doji Hanoi listed at 68.25 million VND/tael (buy) and 69.15 million VND/tael (sell). Doji Ho Chi Minh City bought SJC gold at 68.3 million VND/tael and sold at 69.1 million VND/tael.

Gold prices increased slightly at the end of the week. Photo: Kitco

On the world market, the spot gold price on Kitco closed the weekend trading session at 1,924 USD/ounce.

Analysts say there will be fluctuations in the near future.

Spot gold may retreat within a narrow range of $1,917-$1,921 an ounce as the precious metal failed to break the resistance zone of $1,933-$1,935 an ounce, according to Reuters technical analyst Wang Tao.

According to Suki Cooper, an expert at Standard Chartered Bank, the precious metal is stuck. Gold prices will only increase again when interest rates in the US and globally will decrease and the USD will weaken.

Highest coffee price 66,800 VND/kg

Domestic coffee prices updated at 4:36 a.m. on September 24, 2023 remained unchanged.

Specifically, the coffee purchase price in Gia Lai and Kon Tum provinces on September 24, 2023 was VND 66,400/kg. In Dak Nong province, coffee was purchased at the highest price of VND 66,800/kg.

The price of green coffee beans (coffee beans, fresh coffee beans) in Lam Dong province in districts such as Bao Loc, Di Linh, Lam Ha, coffee is purchased at 66,100 VND/kg.

Today's coffee price in Dak Lak province, in Cu M'gar district, is currently at 66,500 VND/kg. In Ea H'leo district, Buon Ho town, the price is also 66,600 VND/kg.

Pig price drops to 55,000 VND/kg

Pig prices today, September 24, 2023, are moving sideways across the board and in many localities are gradually falling to 55,000 VND/kg.

Pig price today, September 24, 2023: Gradually falling to 55,000 VND/kg.

In the Northern region, the price of live pigs today, September 24, 2023, is quiet and recorded in the range of 56,000 - 58,000 VND/kg.
Central Highlands region, fluctuates between 55,000 - 57,000 VND/kg.

Southern region , fluctuates between 55,000 - 58,000 VND/kg.

Recorded on the weekend of September 24, 2023, the average price of live pigs in the Northern region stood at 57,690 VND/kg; in the Central Highlands region stood at 56,920 VND/kg; in the Southern region stood at 56,310 VND/kg. With this price, small-scale farmers are again facing the risk of losses.

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