Viet Nam's benchmark VN-Index delined 0.23% to 1,862.08 points on July 3. The index closed 4.27 points lower after losing 0.86 points in the previous session.
Global gold prices recovered on July 3, exceeding 4,100 USD per ounce as weak employment data reduced expectations that the US Federal Reserve (Fed) would raise interest rates. In the domestic market, SJC gold bar prices surged by 3 million VND per tael, with buying and selling prices listed at 148.4 million VND and 151.4 million VND per tael, respectively.
Viet Nam’s benchmark VN-Index fell by 0.05% to 1,866.35 points on July 2.
Global gold prices rebounded sharply on July 2, trading at 4,067.1 USD per ounce. In the domestic market, both SJC gold bars and SJC gold rings rose simultaneously by 2 million VND per tael, reaching 148.4 million VND per tael and 148.3 million VND per tael, respectively.
Viet Nam’s benchmark VN-Index rose 0.27% to 1,860.01 points on June 30. The index closed 5.04 points higher than the previous session.
World gold prices continued to fall sharply on June 30, trading at more than 4,018 USD per ounce, as oil prices rebounded and US Treasury yields rose. In the domestic market, SJC gold bar and ring prices declined steeply in line with global prices, listed at 147 million VND per tael and 146.9 million VND per tael, respectively.
Global gold prices continued to fall on June 29, trading at 4,063.9 USD per ounce. In the domestic market, SJC-branded gold bar prices also declined in line with global trends, falling by 500,000 VND per tael to 145 million VND per tael for buying and 148 million VND per tael for selling.
Viet Nam’s benchmark VN-Index fell by 0.90% to 1,854.97 points on June 29.
In the domestic market, SJC-branded gold bars and rings moved higher in line with global prices, with quoted selling prices reaching 148.5 million VND per tael and 148.4 million VND per tael, respectively.
World gold prices continued to fall on June 26, trading below the 4,000 USD/ounce mark as investors continued to sell off amid a strengthening US dollar and the Federal Reserve (FED) keeping interest rates unchanged at last week’s meeting. Domestically, the buying and selling price of SJC gold bars was 143.2-146.2 million VND/tael.
Viet Nam’s benchmark VN-Index fell by 0.80% to 1,863.07 points on June 25.
Global gold prices fell sharply on June 25, trading at 3,994.2 USD per ounce, amid a widespread sell-off by investors as the US dollar strengthened significantly and US Treasury yields remained elevated. In the domestic market, prices of SJC-branded gold bars and rings also declined steeply, falling to 146.2 million VND and 146.1 million VND per tael, respectively.
Viet Nam’s benchmark VN-Index rose 0.48% to 1,878.02 points on June 24, marking its third consecutive gain since the start of the week. The index closed 8.98 points higher than the previous session.
Global gold prices fell sharply on June 24, trading at 4,075 USD per ounce as the US dollar stayed at its highest level of the year and the possibility of an interest rate hike by the US Federal Reserve (Fed) remained. In the domestic market, gold prices across brands were almost unchanged. SJC gold bar was quoted at 144-147 million VND per tael for buying and selling.
Viet Nam’s benchmark VN-Index rose by 0.60% to 1,869.04 points on June 23.
Global gold prices fell on June 23, trading at 4,138.3 USD per ounce. In the domestic market, SJC gold bars and SJC gold rings declined in line with the global trend, with prices quoted at 148 million VND per tael and 147.9 million VND per tael, respectively.
Global gold prices fell sharply on June 22, trading at 4,208.4 USD per ounce. In the domestic market, both SJC gold bars and SJC gold rings increased by 500,000 VND per tael, reaching 148.6 million VND per tael and 148.5 million VND per tael, respectively.
Viet Nam’s benchmark VN-Index rose by 1.83% to 1,857.91 points on June 22.
Global gold prices fell sharply on June 20, trading at 4,154.7 USD per ounce. In the domestic market, SJC gold bars and SJC gold rings both increased by 500,000 VND per tael, reaching 147.2 million VND per tael and 147.1 million VND per tael, respectively.
Global gold prices fell sharply on June 19, trading at 4,166 USD per ounce after the US Federal Reserve (Fed) signalled that interest rates would remain elevated. Domestic gold prices followed the global trend, recording a steep decline. SJC-branded gold bars were quoted at 143.7 million VND per tael for buying and 146.7 million VND per tael for selling, down significantly compared with previous trading sessions.