Gold Price Today 9/10: Gold Welcomes A New Price Increase Signal

Gold prices in the international market increased sharply after the United States announced the most important economic data in May 9: 00/2: 04 South gold price in the country is being traded at the following: Jewelry Group Doji quarterly listed SJC gold price at 56.90 million dong / tael (buying) and VND 57,780 million / tael (sold). The above price increased by VND 50,000 / tael in both directions to buy and sell compared to The nearest trading session. In the same time, the price of SJC gold traded by Bao Tin Minh Chau Company listed at 57.32 million dong / tael (buying) and 57

.83 million dong / tael (sold out ). Over the increase of VND 50,000 / tael in order to buy and increase 100,000 dong / tael in the selling direction compared to the nearest session. Saigon Gemstone Gold Company Hanoi is currently listing gold SJC is at VND 57
15 million / tael (buying) and 57.87 million dong / tael (sold). The above price does not change compared to the nearest session. The illustration. (Source: Dan Viet) in the world market, gold prices are traded at a price of 1,758.4 USD / ounce (according to Kitco News). The world gold price is equivalent to about 48.2 million dong / tael if possible Redeemed by free USD price. Gold price in the international market increased sharply after the US announced the most important economic data in the month. According to the US Department of Labor, the number of weekly unemployment applications fell 38,000 326,000, down from 362,000 unemployed applications last week
This data is much lower than a lot of 350 thousand applications forecast by economists. This is a sign that the recovery of the US labor market is prosecuting after leveling up recently. The US Treasury bond rate increases after the above data is announced, because investors increase Bet that the US Federal Reserve (FED) will soon start to cut the Protection Program. This is a factor that helps the price of gold recovery. However, gold continues to under pressure to reduce prices when the dollar stood at a high level and could increase further if the Fed gradually decreases the bond purchase program. The dollar is in the highest area for 1 year, thanks to the support of the ability to act soon to fight inflation.Le Hai (General)

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