World gold prices continue to rise high due to escalating unrest
At the beginning of the trading session this morning, on January 24, the world gold price increased rapidly when the dollar showed signs of instability. This represents investors' concern about the US greenback and gold precious metals to reduce risks.
Demand for the gold market is increasing. Typically early this morning (Vietnam time), world gold prices immediately delivered at US $ 1,285 / ounce. This is the price equivalent to 35.6 million when converted to USD. The current gold price is only about 1 million dong lower than the domestic gold price and 1.3% lower than the beginning of 2018.
The charting of gold prices continues to rise today as the dollar is experiencing uncertainty over the political tension in the world following the ladder. Accordingly, SPDR - the largest gold trading fund in the world - has the highest amount of gold held since 6/2018.
Currently, the unhappy information from the economic decline of the US and Japan has made the houses full of worries. Especially when the International Monetary Fund (IMF) lowered its growth forecast. In particular, the news that the US canceled the negotiated trade negotiations for high-level talks between the United States and China later this month that the Financial Times said it also affected the US dollar and created things. suing for gold to increase its attractiveness higher.
Moreover, according to the forecast, the world gold price will increase when the Federal Reserve (Fed) can stop raising interest rates in 2019. In addition, the partial closure of the US Government will continue to put pressure on the dollar. Since then, helping gold occupy the upper hand in the market.
In the context of the world, the domestic gold price also increased. Most of the big gold brands in the market have a higher listing price of 20-50 thousand VND compared to the previous trading session. PNJ gold price listed on the buying side is 36.19 million dong / tael but sold higher with 36.69 million dong / tael. SJC gold today is also listed at a quite high level when standing at 36.39 million dong / tael for buying and selling side is 36.58 million dong / tael. Phu gold price The listing also increased compared to the previous session with the buying and selling side of 36.47 million dong / tael and 36.57 million dong / tael respectively. read more
