Southeast Asia Information Port (www.dnyxxg.com) reported on January 6th that domestic gold prices in Vietnam were raised, with gold shops setting the price at VND 15.74 million per tael (37.5 grams), an increase of VND 300,000 from yesterday's closing price.
As of 8:50 AM that day, Saigon Gold, Silver and Gemstone Company (SJC) and DOJI Group simultaneously adjusted their gold bar prices, with a buying price of VND 15.54 million per tael and a selling price of VND 15.74 million per tael, both up VND 300,000 from yesterday's closing price.
In the international market, influenced by the US airstrikes on Venezuela, international gold prices climbed to a one-week high on January 5th (US time). Increased investor risk aversion and a significant rise in demand for precious metals as a safe haven were key factors driving up gold prices.
Meanwhile, the exchange rates of the Vietnamese dong against the US dollar and the Chinese yuan at various Vietnamese banks saw slight corrections this morning.
Specifically, the State Bank of Vietnam announced today that the USD/VND central parity rate was 1:25,122, a decrease of 2 VND compared to the morning of January 5th. Based on a ±5% fluctuation range, the upper limit for the USD/VND exchange rate is 26,378 VND, and the lower limit is 23,866 VND.
At the commercial bank level, as of 8:15 AM today, Vietcombank and BIDV simultaneously lowered their USD exchange rates by 2 VND. Vietcombank's buying and selling rates were 26,078 VND and 26,378 VND respectively; BIDV's rates remained at the upper limit, with both buying and selling rates at 26,378 VND.
Regarding the RMB exchange rate, both banks also lowered their rates. Vietcombank lowered its yuan buying rate by 1 VND to 3700 VND compared to yesterday morning's opening, while maintaining its selling rate at 3819 VND. BIDV's yuan buying and selling rates were 3705 VND and 3815 VND respectively, both down 2 VND from yesterday morning's opening. (End)
