Gold price to fall close to 26 million dong
Up to 8:15, the purchase and sold gold price in HCMC announced by Jewelry Saigon Company continued to down 50,000 VND to buy and sell all dimensions compared with last yesterday, down to 26,21 to 26,27 million VND per tael. Compared to the last morning, the announced sales price lost VND 120,000 to VND 130,000.
Sacombank SBJ announced SBJ gold in the early from 26.25 to 26.29 million dong per tael. Compared with last evening, the low purchase price to sell more than 10,000 but the loss of the sold 70,000, compared with 90,000 in the purchase morning March 23th.
The same time, in many stores in HCMC, the listed sale price is 26.19 to 26.28 million dong a tael. Distance difference is 90,000 units, extend the same amount.
On the world market, gold trading in the European March 23th further to went down, to 1094 USD per ounce. But then, the market has recovered slightly in New York, which rose to 1108 USD, the mass move to buy gold to compensate for the seller does not account for several previous version of the fund and investors. In parallel, the home sales closing published before making up lower than the attraction of U.S. weakness and promote the precious metal increase. Market closed on 1103 USD per ounce.
Ending date of the transaction March 23th, gold in April also increased to 4.2 USD 1103.70 per ounce. Investors are concerned the European Union will not agree on aid package for the creditors meeting in Greece in Brussels this weekend. Therefore, the pressure off for the EUR and gold is being weighed heavily. However, a good signal for the euro is an trusted organization by Fitch ratings report will keep the debt level of confidence for Greece is BBB + on the remain of the year. Greece received help from IMF, also held this assessment possible.
In Asia this morning, the market showed signs of going down. Up to 9:10 (Hanoi), each ounce of gold equivalent to USD 1102.80 is up 0.20 U.S. compared to open.
Today, investors will received the news about the economy PMI manufacturing and services in Germany, PMI EU production and services, reserves of crude oil, home sales and new orders of durable American.
