Investors sell gold when prices rise Finance – Business



SPDR sold more 2.65 tons of gold, gold to 764.58 tons. Note that the fund has been selling net since 12 days since the beginning of August without buying a day, with a volume of nearly 33 tons of gold.

SPDR sells gold at a time when prices are picking up again. The world gold price rose by $ 14 per ounce, exceeding the psychological barrier of $ 1,200 per ounce to $ 1,205 per ounce.

The reason for the sharp fall in the dollar against other currencies is that the negotiations between the US and China have ended without any agreement. USD Index fell by 0.51 points to 95.16 points.

The gold price of SJC pieces increased by 90,000 VND / tael compared to 24.8. Saigon Jewelry Company – SJC has bought gold for 36.66 million VND / ton, accounting for $ 36.84 million / ton. SJC gold price is higher than the world price of 2.5 million VND / tael.


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