At the end of the trading session last week, January 6, the price of SJC 9999 gold bars in Ho Chi Minh City was listed at 72 million VND per tael for buying and 75 million VND per tael for selling. Meanwhile, the price of SJC 4-digit 9 gold bars was listed in Hanoi at 72 million VND per tael for buying and 75.02 million VND per tael for selling.

Similarly, the price of SJC gold bars traded at DOJI in Hanoi at the end of the session on January 6 was also listed at 72 million VND per tael for buying and 75 million VND per tael for selling.

The international spot gold price on the Kitco floor closed last week at $2,045 an ounce. Meanwhile, the price of gold for February 2024 delivery on the Comex floor in New York was at $2,052 an ounce.

Gold prices today, January 8, on the international market are predicted by experts to have many grounds to increase again due to recent factors that have prompted the Fed to soon cut interest rates.

On the stock market , at the end of the trading session last week, January 5, the VN-Index increased by 3.96 points, to 1,154.68 points. The HNX-Index increased by 0.2 points, to 232.76 points. The UPCoM-Index increased by 0.2 points, to 87.93 points with 173 stocks increasing and 124 stocks decreasing.

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International USD prices are also likely to continue to increase (Photo: Yahoo Finance)

The central exchange rate between the Vietnamese Dong and the US dollar announced by the State Bank on January 5 was 23,932 VND/USD, up 17 VND compared to the previous session. The USD price at commercial banks on January 7 was listed around 24,160-24,530 VND/USD (buy - sell).

Meanwhile, the world USD price tends to increase. The DXY index - measuring the strength of the USD compared to 6 major currencies - ended last week at 102.44 points, up 0.01% compared to the previous session.

Today's international oil prices on January 8 are forecast to continue to rise following the upward trend from last week. Oil prices have increased quite strongly in the first week of 2024 due to many factors such as: supply disruption from Libya, US oil reserves decrease and the US Secretary of State's week-long visit to the Middle East.

In the domestic market, the selling price of gasoline and oil today, January 8, is applied according to the price level at the management session on the afternoon of January 4 of the Ministry of Finance - Industry and Trade.

Accordingly, the prices of all types of gasoline and oil have been adjusted down, some down to 21,000 VND per liter.

Specifically, the price of E5 RON 92 gasoline decreased to 21,006 VND per liter. The price of RON 95 gasoline decreased to 21,916 VND per liter.

Diesel price dropped to 19,368 VND per liter. Kerosene price dropped to 19,957 VND per liter. Fuel oil price dropped to 15,495 VND per kilogram.

Morning financial news January 7, 2024: Gold price decreased, oil increased, USD recovered. Gold price today January 7, 2024 on the world market decreased after the US employment report was better than expected. Meanwhile, world oil prices increased at the end of the week. Meanwhile, international USD prices tended to recover.