At 7am this morning 1/6 (Vietnam time), spot gold price in Asia through the listing of Kitco.com has a margin of increase of 10.6 USD, trading at 1,739.3 USD / ounce.
Earlier, at the end of the last trading session in May, spot gold increased by 0.9%, to USD1,728.7 / ounce. The price of gold delivered in August also increased by over 1.3% to 1,751.7 USD / ounce.
Coming to the domestic market, closing the last session of the week, SJC gold price in Hanoi was traded at 48.55 million dong / tael (bought in) - 48.8 million dong / tael (sold); SJC gold price in HCMC closed at VND 48.52 million / tael - VND 48.9 million / tael.
The weekly survey results of Kitco News show that up to 87% of Wall Street experts expect gold to increase this week. Investors on Main Street were more cautious with only 623 people who put their faith in gold among 1,090 people voting online, equivalent to 57%.
Meanwhile, 1,090 investors took part in the survey on Mail Street and 57% of respondents expected gold prices to go up, 23% of people expected gold prices to fall and the rest said that this precious metal would be flat. .
Increasing tension between the US and China could be a "strong push" for the US stock market, which has been accelerating recently. In addition, gold will also be driven by a drop in the US dollar.
Mr. Afshin Nabavi, senior vice president of the precious metal trading company MKS SA, said that the gold market is having many buying transactions, this is due to the ongoing tensions between China - the US and both related to Hong Kong.
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Brazil has a record increase of more than 33,000 new cases of SARS-CoV-2 virus in a day, bringing the number of people with Covid-19 in the 2nd largest epidemic region in the world to nearly half a million ...
