XAUVND
Gold in VND (world, per oz)
114.15M
-0.32% (-368.83K)
Market read
Domestic gold is moving opposite to world gold, widening the gap between local and international prices. This divergence suggests domestic demand or supply factors are currently outweighing the global price pullback. Next up: MBA 30-Year Mortgage Rate.
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Vietnamese domestic gold prices rose at SJC, PNJ, DOJI, Bao Tin Minh Chau and Phu Quy on the evening of September 4, even as world gold fell after two consecutive gains.
Domestic gold is moving opposite to world gold, widening the gap between local and international prices. This divergence suggests domestic demand or supply factors are currently outweighing the global price pullback.
CafeF·09/05, 05:20 PM
Low impactVietnamese domestic gold prices (ring and bar gold) fell 500,000–1 million VND/tael at major brands on Sept 5, as world gold fell nearly 1% after a stronger-than-expected US jobs report raised expectations of a Fed rate hike this month.
CafeF·09/04, 07:48 PM
Low impactOn September 4 evening, Vietnamese domestic gold prices (ring and bar gold) at SJC, PNJ, DOJI, Bao Tin Minh Chau and Phu Quy rose by up to 1 million VND/tael, with ring gold selling price exceeding 150 million VND/tael, while world gold fell 1.8% to around $4,390/ounce after two consecutive gains.
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