Gold Price Today 5/10: The World Decreases, Domestic Stability

World gold prices dropped to 1,749.40 USD / ounce. Meanwhile, in the domestic gold market is relatively stable after increasing strongly in the previous session. The market in the domestic gold market, closing the trading session on October 4: SJC gold price at the stone gold company Saigon - Hanoi Branch is listed at 56.70-57

.42 million dong / tael (buying - selling). Maintaining the price of 2-way purchase and sold compared to the morning of October 4. The gold-selling price difference is VND 720,000 / tael
In the meantime, SJC gold price of Phu Quy Group is at VND 57,15-57.65 million / tael (buying - selling). Maintaining the price of 2-way purchase and sold compared to the morning of October 4. The difference between the purchase price - selling 500,000 VND / tael. In Doji Group, the gold price listed at 56.60-57.60 million / tael (buying - sold). Maintaining the price of 2-way purchase and sold compared to the morning of October 4. Gaping purchase price - Selling gold 1 million dong / tael. The world gold market (same time in Vietnam): Gold price is listed at 1,749
40 USD / ounce, up 0.8 USD / ounce compared to the session Transactions earlier. Exchange of world gold prices according to the exchange rate of Vietcombank (22,860), equivalent to VND 48.76 million / tael, lower than domestic gold price 8.66 million dong / tael. World gold price decreases when the investors are located Betting on the possibility of the US Federal Reserve (FED) reduces the purchase of assets earlier than expected. The Fed may be approaching the target inflation to raise interest rates, but may take a year or more before meeting the central bank's employment goal to adopt a real interest rate increase.

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