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Gold value on the afternoon of February 17: Proceed to ‘warmth’ up after reaching the highest


Home gold value

Gold value at this timethe home gold value on the afternoon of February 17 tended to extend barely for the worth of PNJ gold when buying and selling at 53.6 million dong/tael and promoting at 54.40 million dong/tael.



SJC gold value in Hanoi is presently buying and selling at 62.50 million dong/tael purchased and 63.20 million dong/tael bought.

In the meantime, 24K gold jewellery presently stands at 53.10 million VND/tael purchased and bought at 53.90 million VND/tael.

Gold value on the afternoon of February 17: Proceed to ‘warmth’ up after reaching the highest
The home gold value remains to be reaching the brink after the volatility. Picture: Web

Earlier this morning, the worth of SJC Hanoi gold was listed by Saigon Jewellery Firm at 62.5 – 63.12 million VND/tael (purchase in – promote out), a rise of 300 thousand VND/tael in shopping for within the afternoon and 200,000 dong/tael within the promoting afternoon in comparison with the earlier session.

Whereas the worth of SJC gold at Phu Quy Jewellery Firm elevated by 150 thousand dong/tael within the shopping for afternoon and 170 thousand dong/tael within the promoting afternoon in comparison with yesterday, listed at 62.45 – 63 ,05 million VND/tael (purchase in – promote out).

Replace the most recent gold value listing on the afternoon of February 17

World gold value

The world gold value within the afternoon session additionally tended to extend barely when reaching the extent of 1,875.1 USD/ounce, increased than the 1,871.1 – 1,871.6 USD/ounce on this morning’s session.

The world gold value is presently persevering with its robust upward momentum after the dear metallic is steadily turning into a secure haven within the face of excessive inflation.

Gold value on the world market was up to date at 2:47 pm on February 17. Picture: Kitco

The present excessive gold market is taken into account to be solely a short-term interval as a result of the Fed’s upcoming insurance policies can have a direct affect on gold costs.

As well as, rising inflation additionally forces traders to be actually cautious as a result of rising inflation will stimulate producers of products and providers to concurrently enhance costs.

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