Gold prices fell, the dollar rose sharply

Gold prices fell, the dollar rose sharply

Asian market opening this morning of 30.5, the price of gold fell sharply to nearly $ 1,200 / ounce, down 12 USD compared to last week's closing session, then turning up slightly to $ 1,212 / ounce.
 
Accompanied world gold prices, the first day, SJC gold prices fell sharply in Vietnam VND 170,000 / tael compared to last weekend, buying - selling at 32.97 to 33.22 million / tael. SJC gold price continued to widen the gap between the higher world price of 700,000 dong / tael, instead of VND600,000 / tael of the previous trading day.
This week, experts forecast international gold market volatility as investors wait for important economic data to be announced. In which the focus is on the US employment report will be published at the weekend. In addition, the US market also received data on ISM non-manufacturing index and employment figures of the private sector.
However, gold prices continued to be dominated in the near term, the dynamics of the US Federal Bureau of Investigation (Fed) will be an important factor to dominate the market. The Fed policymakers have expressed optimism about the recovery of the US economy, paving the way for an interest rate increase in June next.
Crude oil prices in the Asian session this morning turned up slightly after the previous decline. 20 minutes to 10 hours of this morning (Vietnam time), the price of WTI crude oil traded at $ 49.37 / barrel, up 7 cents from last week's closing price.
In the morning, the USD exchange rate at commercial banks in the country increased sharply 20-30 deal with over the weekend. Specifically, Vietcombank, BIDV up to 22380-22450 VND / USD; Eximbank 22360-22450 VND / USD, ACB 22380-22360 VND / USD. In particular, the Bank posted the highest selling price of 22,500 VND / USD.
The same day, the State Bank exchange rate central VN 12 VND / USD, up to 21,927 VND / USD.
Le Tran

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18/8/2025
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