At the end of the trading session on January 17, the price of SJC 9999 gold bars in Ho Chi Minh City was listed at 73.7 million VND per tael for buying and 76.2 million VND per tael for selling. Meanwhile, the price of SJC 4-digit 9 gold bars was listed in Hanoi at 73.7 million VND per tael for buying and 76.22 million VND per tael for selling.

Meanwhile, the price of SJC gold bars traded at DOJI in Hanoi at the end of the session on January 17 was listed at 73.65 million VND per tael for buying and 76.15 million VND per tael for selling.

The international spot gold price on Kitco floor at 9:32 p.m. on January 17, Vietnam time was at 2,027 USD per ounce. The gold price for February 2024 delivery on Comex floor, New York was at 2,035 USD per ounce.

Gold prices today, January 18, on the world market continue to be under pressure due to the strong increase of the USD. In the country, the fear of State intervention has caused both SJC gold bars and gold rings to have a downward trend.

On the stock market , at the end of the trading session on January 17, the VN-Index decreased by 0.59 points to 1,162.53 points. The HNX-Index stood at the reference price of 229.5 points. The UPCoM-Index decreased by 0.07 points to 86.96 points.

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USD price tends to go up (Photo: Hoang Ha)

The central exchange rate between the Vietnamese Dong and the US dollar announced by the State Bank on January 17 was 24,017 VND/USD, an increase of 30 VND compared to the previous session. The USD price at commercial banks on January 17 decreased slightly, at the end of the session it was listed around 24,330-24,700 VND/USD (buy - sell).

Meanwhile, the world USD price increased. The DXY index - measuring the strength of the USD compared to 6 major currencies - at 9:27 p.m. on January 17, Vietnam time, was at 103.5 points, up 0.14% compared to the previous session.

Gasoline prices today, January 18, on the world market tend to go down following the decline from the previous session.

According to analysts, international oil prices have fallen sharply as the US dollar has risen and China's economic recovery has been slower than expected, despite escalating tensions in the Middle East.

In the domestic market, retail prices of petroleum products this afternoon will be applied according to the new price level.

Leaders of some petroleum companies said that domestic gasoline prices in today's adjustment period are likely to increase following the trend of world gasoline prices on average over the past week.

If the regulatory agency does not spend the Petroleum Price Stabilization Fund, domestic gasoline prices could increase from 400 to 530 VND per liter. Oil prices could increase from 210 to 470 VND per liter.

In case the Ministry of Industry and Trade - Ministry of Finance spends the Stabilization Fund, gasoline prices may increase less.

Morning financial news January 17, 2024: Gold price drops, oil and USD go up Gold price today January 17, 2024 on the world market decreased. Meanwhile, the international USD price increased quite strongly. World oil price continued to go up.