Update on the closing price of gold on November 29: The difference is too high, risk of loss

As of 7:15 p.m. on November 29, the domestic gold price was listed at 72.2 - 73.7 million VND/tael (buy - sell). Meanwhile, the world gold price listed on Kitco was at 2,039.9 USD/ounce.

The difference between buying and selling SJC gold is being pushed up to 1.5 million VND, causing investors to face the risk of losses. Illustration photo: Phan Anh

Domestic gold price

Domestic gold price closed on November 29.

Domestic gold price fluctuations

Source: VDOS Dragon Online Service Joint Stock Company.

World gold price developments

Source: Kitco

World gold prices increased sharply in the context of the flat USD. Recorded at 7:15 p.m. on November 29, the US Dollar Index, which measures the greenback's fluctuations against six major currencies, was at 102,715 points. Markets are paying attention to inflation data monitored by the US Federal Reserve (FED) to be announced this week. On November 28, FED Governor Christopher Waller mentioned the possibility of lowering interest rates in the coming months. Meanwhile, Asian stocks had mixed developments. At the end of the session, Japan's Nikkei 225 index fell 0.3% to 33,321.22 points. Hong Kong's Hang Seng index (China) fell 2.1% to 16,993.44 points, while Shanghai's Shanghai Composite index fell 0.6% to 3,021.69 points. Sydney, Singapore, Taipei, Mumbai, Bangkok and Jakarta markets rose, while Wellington was steady. Gold prices rose amid a slight rise in oil, a commodity closely related to the precious metal. Investors were cautious ahead of a key OPEC+ meeting to decide on output policy in the coming months, while supply disruptions due to a storm in the Black Sea pushed prices up. US West Texas Intermediate (WTI) crude rose to $76.58 a barrel. Meanwhile, Brent crude futures rose to $81.71 a barrel (data recorded at 1:25 p.m.).

Source: https://laodong.vn/tien-te-dau-tu/cap-nhat-gia-vang-chot-phien-2911-chenh-lech-qua-cao-nguy-co-thua-lo-1273732.ldo