Domestic gold price today September 26
On the afternoon of September 26 , today's SJC 9999 gold price decreased by 50 thousand VND/tael in both buying and selling compared to the morning.
The price of 9999 gold was updated by Saigon Jewelry Company Limited (SJC) at 14:54 and the price of 9999 gold was listed by Doji Jewelry Group at 13:29 as follows:
Buy | Sell | |
SJC Hanoi | 68,100,000 VND/tael | 68,820,000 VND/tael |
SJC HCMC | 68,100,000 VND/tael | 68,800,000 VND/tael |
SJC Danang | 68,100,000 VND/tael | 68,820,000 VND/tael |
Doji Hanoi | 68,100,000 VND/tael | 68,900,000 VND/tael |
Doji HCMC | 68,000,000 VND/tael | 68,800,000 VND/tael |
SJC and DOJI gold price list updated early afternoon September 26
Early morning of September 26 , SJC gold price 9999 today decreased by 100 thousand VND/tael in both buying and selling compared to the closing price yesterday.
The price of 9999 gold was updated by Saigon Jewelry Company Limited (SJC) at 8:28 a.m. and the price of 9999 gold was listed by Doji Jewelry Group at 8:43 a.m. as follows:
Buy | Sell | |
SJC Hanoi | 68,150,000 VND/tael | 68,870,000 VND/tael |
SJC HCMC | 68,150,000 VND/tael | 68,850,000 VND/tael |
SJC Danang | 68,150,000 VND/tael | 68,870,000 VND/tael |
Doji Hanoi | 68,100,000 VND/tael | 68,900,000 VND/tael |
Doji HCMC | 68,100,000 VND/tael | 68,900,000 VND/tael |
SJC and DOJI gold price list updated early morning September 26
At the end of the trading session on September 25, the price of 9999 gold bars at SJC Ho Chi Minh City was 68.25 million VND/tael (buy) and 68.95 million VND/tael (sell). SJC Hanoi listed at 68.25 million VND/tael (buy) and 68.97 million VND/tael (sell).
Doji Hanoi listed at 68.2 million VND/tael (buy) and 69.05 million VND/tael (sell). Doji Ho Chi Minh City bought SJC gold at 68.2 million VND/tael and sold at 69 million VND/tael.
The central exchange rate on September 26 announced by the State Bank was 24,084 VND/USD, an increase of 8 VND compared to the end of last week. The USD price at commercial banks this morning (September 26) was traded around 24,185 VND/USD (buy) and 24,555 VND/USD (sell).
International gold price today September 26
At 9:05 a.m. today (September 26, Vietnam time), the world spot gold price stood at around 1,914.9 USD/ounce, down 0.1 USD/ounce compared to yesterday. The price of gold futures for December delivery on the Comex New York floor was at 1,934.1 USD/ounce.
On the morning of September 26 , world gold converted to USD bank price was nearly 56.69 million VND/tael (excluding tax and fees), about 12.18 million VND/tael lower than domestic gold price.
On the world market, the spot gold price on Kitco (at 9:00 p.m., Vietnam time) was trading at 1,915 USD/ounce.
Gold prices fell as US Treasury yields rose to multi-year highs. The DXY index hit a 6-1/2-month high. The DXY index (which measures the greenback's performance against six major currencies) traded at 106.4 points.
Investors should pay close attention to economic data due out this week, said Daniel Ghali, senior commodity strategist at TD Securities.
The US GDP data scheduled for release on September 28 (US time) is likely to disappoint, creating concerns that the US economy may be in trouble, thereby creating a positive trend for the gold market.
In addition, the personal consumption expenditure index released on September 29 is likely to also support gold prices.
Gold Price Forecast
Colin Cieszynski, chief market strategist at SIA Wealth Management, said the rising US dollar kept gold prices in the range of $1,900-$1,950 an ounce.
Ben DiCostanzo, senior market strategist at Walsh Trading, said gold is in a tough spot. Long-term, with interest rates still high, it will be difficult for the precious metal to sustain its rally.
Darin Newsom, senior market analyst at Barchart, said gold prices remain flat. A drop in the dollar could trigger a mild buying spree in gold.
Source
Comment (0)