Compared to yesterday, the price of gold in this morning (October 3) was adjusted to increase sharply (increase 300 to 700 thousand VND for a tael of gold) to over 42 million VND per a tael of gold for selling side.
Domestic gold price this morning (October 3) rebounded sharply, surpassing the level of 42 million dong per a tael of gold after plunging to nearly 41 million VND per a tael of gold on October 1.
Specifically, DOJI Group currently listed SJC gold price at 41.7 to 41.2 million VND per a tael of gold, an increase of about 500,000 dong for buy side and 700,000 dong per a tael of gold for selling side compared to yesterday morning (October 2).
At the beginning of this morning, Phu Nhuan Jewelry (PNJ) raised the price of gold by VND 300,000 per a tael of gold compared to yesterday to 41.45-41.80 million VND per a tael of gold.
Similarly, other gold businesses also adjusted in the upward direction. Currently, Thang Long dragon gold of Bao Tin Minh Chau has increased to 41.61-41.16 million VND per a tael of gold. SJC gold at Phu Quy Group is VND 41.65-41.95 million per a tael of gold.
Domestic gold price changes according to the world gold price, the spot price of gold on the Comex New York floor is trading around USD 1,500 / ounce.
World gold prices rebounded as investors worried about the prospect of global economic growth after the US announced production activities in September to the lowest level in 10 years. Before that, Europe also released the data as equally disappointing, reached the lowest in 7 years.
S&P Global Ratings said that US economic growth is being affected by the trade war with China and forecast that the US economic growth rate in 2020 will drop to 1.7%.