As of 10:40 this morning January 2 SJC gold price in two big cities, Hanoi and Ho Chi Minh City, was adjusted by VBĐQ DOJI Group to increase each way by 140,000 VND/tael and 160,000 VND/tael compared to the opening session this morning to 34,98 million VND/tael – 35 06 million VND/tael.
So compared to the closing session yesterday afternoon gold price SJC was adjusted by DOJI Group to increase each way by 280,000 VND/tael and 160,000 VND/tael.
At Saigon VBQ Company, SJC gold price in Ho Chi Minh City traded at 34,99 million VND/tael – 35,07 million VND/tael, increasing by 170,000 VND/tael compared to with early morning hours and increased by 290,000 VND/tael compared to December 31, 2012.
Meanwhile, spot gold price at Kitco.com has an increase of 18 USD up to 1,223 5 USD/ounce. Accordingly, the gap between the domestic gold price and the world gold price is narrowed to 3.9 million VND/tael.
Opening the domestic gold market this morning January 2, 2014 SJC gold prices in Hanoi and Ho Chi Minh City are listed by VBĐQ DOJI Group trading at 34 84 million VND/tael (buying) – 34 9 million VND/tael (selling) for retail transactions and 34 85 million VND/tael – 34 89 million VND/tael for selling transactions wholesale.
|
Read the latest economic and financial information on FICA: Vietnam attracted 11 billion USD in remittances in 2013
< a href="http://fica.vn/chung-khoan/bo-tai-chinh-du-kien-co-them-hon-5-quy-mo-se-di-vao-hoat-dong-4- 8169.html" rel="nofollow noopener" style="COLOR:#0000cd" target="_blank">Gold price continues to go up in early 2014
|
So At the end of yesterday’s afternoon session, the price of SJC gold in two major cities was adjusted by DOJI Group to increase by 140,000 VND/tael each way for buying, while the selling price remained the same.
According to the quote from Phu Quy Gold Investment Joint Stock Company, SJC gold price in Hanoi at the beginning of this morning’s trading session was at 34,83 million VND/tael – 34,93 million VND/tael, increasing each way by 130,000 VND/tael and 30,000 VND. /tael compared to yesterday.
In Ho Chi Minh City, SJC gold price was listed and traded by Saigon VBQ Company at 34 82 million VND/tael – 34 9 million VND/tael. The quantity increased each way by 120,000 VND/tael compared to the last trading session of 2013.
With the price on SJC gold currently higher than the converted world gold price by 4 million VND/tael. Yesterday the gold market in Hanoi was still trading normally while in Ho Chi Minh City some gold businesses closed to “celebrate” Tet.
On the world market at 8:45 a.m. This morning, the spot price of gold in Asia via Kitco.com’s listing increased by nearly 8 USD to trade at 1,213 3 USD/ounce.
Still closing session On December 31, 2013, spot gold price was at 1,201 1 USD/ounce while gold delivered in February on Comex was at 1,202 3 USD/ounce. This shows that world gold prices increased slightly in the last trading session of 2013 but still ended the year with a decrease of up to 28% – the largest in 32 years.
Over the past year, gold has been continuously sold off due to concerns that the US Federal Reserve (Fed) will withdraw its economic stimulus package. Those concerns came true on December 18 and there is more reason for investors to fear that 2014 will “cast a shadow” on gold.
12 consecutive years and setting a record of 1,920 3 USD/ounce in September 2011 has really ended. No longer worried about inflation and low interest rates are encouraging people with money to switch to other more profitable assets.
In terms of Euro, the annual gold price is decreased by 31% – the first year of decline since 2004; In terms of Swiss francs, gold prices decreased by 30% and in terms of British pounds, they decreased by 29%.
Entering 2014, analysts said that the stock market recovery and bright prospects of the global economy make gold no longer attractive to investors as before.
An Ha
“
