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Domestic and world gold stand still

Báo Công thươngBáo Công thương24/08/2024


Gold price this afternoon 8/24/2024

At the time of survey at 2:00 p.m. on August 24, 2024, the gold price on the trading floors of some companies was as follows:

Today's 9999 gold price is listed by DOJI at 79.0 million VND/tael for buying and 81.0 million VND/tael for selling.

At Mi Hong Gold and Gemstone Company, the price of Mi Hong gold at the time of survey listed the price of SJC gold at 80.0-81.0 million VND/tael (buy - sell).

SJC gold price at Bao Tin Minh Chau Company Limited is also traded by the enterprise at 79.0-81.0 million VND/tael (buy in - sell out). Meanwhile, at Bao Tin Manh Hai, it is being traded at 79.0-81.0 million VND/tael (buy in - sell out).

Gold price movements today show that domestic gold rings were adjusted up slightly early this morning.

Giá vàng chiều nay 24/8/2024
Gold ring price reaches historic peak again. Illustrative photo

Specifically, Saigon Jewelry Company (SJC) listed the price of gold rings of type 1-5 at only 77.1-78.4 million VND/tael (buy - sell), an increase of 100 thousand VND per tael in both buying and selling compared to the end of yesterday's trading session.

Doji Gold and Gemstone Group listed the price of 9999 round smooth gold rings at 77.2-78.4 million VND/tael (buy - sell), also increasing by 100 thousand VND per tael in both directions compared to the closing price of yesterday's trading session.

SJC 9999 gold price remained unchanged compared to yesterday's closing price, at VND81 million/tael (selling).

World gold price afternoon 8/24

According to Kitco, the world gold price recorded at 5:00 a.m. today, Vietnam time, was at 2,510.86 USD/ounce. Today's gold price increased by 26.21 USD compared to yesterday's gold price. Converted according to the current exchange rate at Vietcombank , the world gold price is about 73.972 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is still 5.028 million VND/tael higher than the international gold price.

Giá vàng chiều nay 24/8/2024
Gold price fluctuation chart in the last 24 hours.

This week’s record high marks a year in which gold has risen by hundreds of dollars per troy ounce, with prices on August 20 up nearly $620 from this time in 2023.

There are a number of factors behind the recent surge. Interest in buying gold typically comes at times of uncertainty, such as potential inflation concerns and the strength of the US dollar, which prompt some to seek alternative places to park their money. Gold also spiked in the early days of the Covid-19 pandemic.

The main driver of gold’s recent rise has been a weaker dollar and expectations that the Federal Reserve will cut its benchmark interest rate next month, said Giovanni Staunovo, commodities analyst at UBS Global Wealth Management. With the health of the labor market in particular focus, all eyes will be on Fed Chairman Jerome Powell’s speech on Friday in Jackson Hole, Wyoming.



Source: https://congthuong.vn/gia-vang-chieu-nay-2482024-vang-trong-nuoc-va-the-gioi-dung-yen-341198.html

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