Domestic gold price today 26/9
On the afternoon of July 26, SJC's 9999 gold price today decreased by 50 thousand VND/tael in both buying and selling afternoons compared to the morning.
Gold price 9999 is updated by Saigon Jewelry Company Limited (SJC) at 14:54 and gold price 9999 is listed by Doji Jewelry Group at 13:29 as follows:
| Buy into | Sold out | |
| SJC Hanoi | 68.100.000 VND/tael | 68.820.000 VND/tael |
| SJC HCMC | 68.100.000 VND/tael | 68.800.000 VND/tael |
| SJC Da Nang | 68.100.000 VND/tael | 68.820.000 VND/tael |
| Doji Hanoi | 68.100.000 VND/tael | 68.900.000 VND/tael |
| Doji Ho Chi Minh City | 68.000.000 VND/tael | 68.800.000 VND/tael |
Gold price list SJC and DOJI updated early afternoon 26/9
Early morning 26/9, gold price 9999 of SJC today decreased by 100 thousand VND/tael in both buying and selling compared to yesterday's session.
Gold price 9999 is updated by Saigon Jewelry Company Limited (SJC) at 8:28 and gold price 9999 is listed by Doji Jewelry Group at 8:43 as follows:
| Buy into | Sold out | |
| SJC Hanoi | 68.150.000 VND/tael | 68.870.000 VND/tael |
| SJC HCMC | 68.150.000 VND/tael | 68.850.000 VND/tael |
| SJC Da Nang | 68.150.000 VND/tael | 68.870.000 VND/tael |
| Doji Hanoi | 68.100.000 VND/tael | 68.900.000 VND/tael |
| Doji Ho Chi Minh City | 68.100.000 VND/tael | 68.900.000 VND/tael |
SJC and DOJI gold price list updated early in the morning of June 26
Closing the session on April 25, the price of 9 gold bars at SJC Ho Chi Minh City was 9999 million dong/tael (buying in) and 68,25 million dong/tael (sold out). SJC Hanoi listed at 68,95 million dong/tael (buying in) and 68,25 million dong/tael (sold out).
Doji Hanoi listed at 68,2 million dong/tael (buy in) and 69,05 million dong/tael (sold out). Doji Ho Chi Minh City bought SJC gold at 68,2 million dong/tael, sold at 69 million dong/tael.
Central exchange rate on 26/9 announced by the State Bank is 24.084 VND/USD, up 8 VND compared to last week. USD price at commercial banks this morning (May 26) was trading around 9 VND/USD (buying) and 24.185 VND/USD (selling).
International gold price today 26/9
At 9:05 am today (July 26, Vietnam time), world spot gold price stood around the threshold of 1.914,9 USD/ounce, down 0,1 USD/ounce compared to yesterday. Gold futures for August delivery on the Comex New York exchange were at $12 per ounce.
Morning 26/9, world gold converted at the bank's USD price is nearly 56,69 million dong/tael (excluding taxes and fees), about 12,18 million dong/tael lower than the domestic gold price.
On the world market, the spot price of gold on Kitco (at 21:00 p.m., Vietnam time) traded at 1.915 USD/ounce.
Gold prices fell as US Treasury bond yields increased and reached their highest level in many years. DXY index reached its highest level in 6,5 months. The DXY index (which measures the greenback's fluctuations against 6 major world currencies) traded at 106,4 points.
Daniel Ghali, senior commodity strategist at TD Securities, said investors should pay close attention to economic data due to be released this week.
US GDP data scheduled to be released on September 28 (US time) will likely disappoint, creating concerns that the US economy may face difficulties. Thereby creating a positive trend for the gold market.
In addition, the personal consumption index published on September 29 is likely to also support gold prices.
Gold price forecast
Colin Cieszynski, chief market strategist at SIA Wealth Management, said the rising USD caused gold prices to only reach between 1.900-1.950 USD/ounce.
Ben DiCostanzo, senior market strategist at Walsh Trading, said gold is in a difficult position. In the long term, interest rates remain high, making it difficult for precious metals to maintain their upward momentum.
Darin Newsom, senior market analyst at Barchart, said gold prices remained flat. A fall in the USD could trigger a soft buying spree in gold.
