Sjc Gold Price Increased By Vnd 200,000 / Tael In The Week

While the world gold price recognizes a few fluctuations, domestic gold prices are active with 4 consecutive sessions before falling on the last 2 sessions. Calculating the price of precious metal 'team' is about 200,000 VND / tael / week 9: 00/3: 45 Nam Binh in the domestic gold market, closing the last trading session: SJC gold price at Gold Company Saigon stone silver - Hanoi branch is listed at VND 56,35-57.02 million / tael (buying - selling). Reduced VND 50,000 / tael in both directions to buy and sell compared to the opening of the trading session on September 25. The gold-selling price difference is VND 670,000 / tael

. In the meantime, SJC gold price of Phu Quy Group is at VND 56.85-57.50 million / tael (buying - selling)
Maintaining the price of 2-way purchase and sold compared to the opening of the trading session on September 25. Differences of purchase price - Selling gold VND 650,000 / tael. In Doji Group, gold price listed at 56.70-57.45 million dong / tael (buying - selling). Maintaining the price of 2-way purchase and sold compared to the opening of the trading session on September 25. Purchase price difference - selling gold VND 750,000 / tael. Last, domestic gold price traded positively with 4 consecutive sessions gaining continuously before falling 2 weekends. For the whole week, domestic gold prices recorded an increase of VND 200,000 / tael. The world gold market (closing the last trading session): Gold price was listed at 1,750
20 USD / ounce, down 1.4 USD / Ounce. Redemption of world gold prices according to the exchange rate of Vietcombank (22,860), equivalent to VND 48.74 million / tael. Lower domestic gold price is about VND 8.28 million / tael. The last trading session of the week, the world gold price decreased slightly under the impact of Fed's monetary policy plans, as well as tightening control For China's digital money and developments around Evergrande Real Estate Group. Once again stressed the stance for digital currencies. The Chinese People's Bank (PBOC - Central Bank) declares money without legal status as legal currency. Mr. Chintan Karnani, Research Director of Insignia Consultants Consulting Company (India) comments, gold prices will exceed 1,840 USD / ounce if China affirmed to eliminate the cash. Besides, gold prices are also Support after Evergrande investors in the US said they still have not received bond interest. Mr. Edward Moya, a senior market analyst of Oanda Brokerage Services Company (USA) said, China will likely not save Evergrande but will try to limit system risks from the collapse of "He is big". However, the gold price is still under pressure from the Fed's policy direction. The US Central Bank on September 22 issued a signal showing that the intention to soon cut the bond purchase program and raise interest rates before the end of the following year. This can reduce demand for gold if the investors shift to the types of profitable assets. Before the domestic gold price situation is not connected to the world gold price, higher than the world gold price of more than 8 million copper / tael made a domestic gold buyer. In addition to SJC brand (exclusive). According to VGTA, it comes from political favorable conditions, the Association's economic environment has petitions on specific goals such as legal policy innovation as well as muscle Management process for the gold industry.VGTA recommends the Government and the National Assembly to produce jewelry and jewelry industry out of the business lines of conditional businesses according to Appendix IV - Business investment in business Effects are issued with the Revised Investment Law in 2020. At the same time, to develop jewelry gold production, propose the Government and the State Bank Consider granting a license to import gold materials for businesses to have enough raw materials for production. At the same time, positive contributions to enforce monetary policy of the State Bank.

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