XAUUSD breakout and downtrend
World gold spot price stands around 1,902.2 USD/ounce, down 4.8 USD/ounce compared to yesterday. Gold futures price for December delivery on Comex New York floor is at 1,919.6 USD/ounce
The world gold price on the night of September 26 is about 4.6% higher (83 USD/ounce) compared to the beginning of 2023. World gold price converted to USD bank price is 56.9 million VND/tael, including taxes and fees, about 11.9 million VND/tael lower than the domestic gold price as of late afternoon on September 26
Gold fell sharply in the context of US Treasury bond yields reaching a 16-year high and profit-taking activities leading to a sell-off of precious metals.
Gold is also under pressure from the USD hanging high near a 6.5-month peak. The DXY index (which measures the movement of the USD against 6 major currencies) is near 106 points
The world gold price on the night of September 26 is about 4.6% higher (83 USD/ounce) compared to the beginning of 2023. World gold price converted to USD bank price is 56.9 million VND/tael, including taxes and fees, about 11.9 million VND/tael lower than the domestic gold price as of late afternoon on September 26
Gold fell sharply in the context of US Treasury bond yields reaching a 16-year high and profit-taking activities leading to a sell-off of precious metals.
Gold is also under pressure from the USD hanging high near a 6.5-month peak. The DXY index (which measures the movement of the USD against 6 major currencies) is near 106 points
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