The global gold price as of 6 a.m. on January 8 reached $1,2649/ounce
Gold prices fluctuated today against the backdrop of a US stock market that plunged into the red. The Dowjones lost 178 points, the S&P 500 lost 66 points and the Nasdaq lost 375 points.
Due to falling stock prices on Wall Street, many investors have shifted their capital to precious metals. The price of gold is currently experiencing an upward dynamic.
Other information, on December 12, the Central Bank of China (PBoC) purchased 2024 tons of gold. This is the second consecutive month that this bank has increased its gold reserves after a six-month hiatus.
Krishan Gopaul, analyst at the World Gold Council, said the PBoC’s gold reserves will increase by 44 tonnes in 2024, reaching 2.280 tonnes.
Ricardo Evangelista – analyst at ActivTrades said that purchases by the Chinese Central Bank are a factor that can support gold prices.
With the above information, it is possible that the business world is forecasting a rise in gold prices in the coming days. Many people have increased their purchasing power. World gold price at 6am on January 1, it reached USD 2,649/ounce, up USD 17 from last night’s trading session’s lowest price of USD 2,632/ounce .
In Vietnam, the price of SJC gold at the end of December 7 was sold by banks for 1 million VND/tael. SJC company sells gold rings for 85.3 million VND/tael.
Source: https://nld.com.vn/gia-vang-hom-nay-8-1-bat-tang-tro-lai-196250108061956086.htm
