Gold Price Forecast

Many factors prevent the strong increase in gold prices

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Gold prices turned down, losing the 4,300 USD/ounce mark as oil prices, bond yields and the USD went up together, putting pressure on the precious metal.

UBS forecasts gold prices to reach the 5,000 USD/ounce mark

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UBS believes that the upward momentum of gold prices is still supported by real interest rates, the USD, diversification demand and central bank buying activities.

Gold price today August 7: Simultaneous decline

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Today's gold price 7.8 reversed and decreased in both domestic and world markets.

Weakening resistance, the most difficult period for gold prices may have passed

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BCA Research believes that the most difficult period of the gold price adjustment may have passed, many factors gradually shifting from resistance to support for precious metals.

Gold and foreign currency prices 7.8: World gold hits the highest price level in 1 month

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Gold and foreign currency prices 7.8: World gold hits the highest level in a month, in the same direction, domestic gold continues to increase.

Gold price update morning of August 7th: World gold unexpectedly reverses direction

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Gold price update morning of August 7th: After many increasing sessions, world gold prices are facing resistance, showing signs of reversal.

Gold prices increase for the fourth consecutive session, investors await new signals from the Fed

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World gold prices rose for the fourth consecutive session, to a 7-week high thanks to the weakening USD and expectations that the Fed will reduce pressure to raise interest rates.

Gold price update closing session August 6: Increased by more than 100 USD/ounce after one session

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Gold price update at the closing session on August 6th: World gold increased sharply by more than 100 USD/ounce after only one session. Domestically, gold increased by 900,000 VND to 1.5 million VND/tael.

World gold price today August 6th: Strong fluctuations in trading session

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World gold prices today August 6 remained at a high level after a sharp increase at the beginning of the session. By the afternoon session, the increase was narrowed.

Gold prices rise sharply, domestic and world price gap narrows

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World gold prices rose to a 7-week high, domestic gold bars also increased sharply, pulling the difference to about 5 million VND.

Series of supporting factors push world gold prices above 4,200 USD/ounce

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Gold prices rose sharply to a 6-week high as US economic data weakened, bond yields cooled down and the USD lost momentum.

Gold price today August 6th: Domestic gold increases by 2.3 million VND/tael

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Gold price today August 6th: Strong increase simultaneously. SJC gold bars and plain gold rings increased by 2 to 2.3 million VND/tael.

Gold price update morning of August 6th: Domestic gold may skyrocket

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Gold price update morning of August 6th: World gold prices increase by nearly 150 USD/ounce; if the above increase is maintained, the domestic gold market may rebound in the new session.

Gold price update closing session 5.8: Gold rings, gold bars all increase

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Gold price update closing session 5.8: World gold prices surge. Domestic prices increase from 1 to 1.3 million VND/tael.

Gold prices increase for the third consecutive session, precious metals simultaneously break through

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Gold prices maintained green for the third consecutive session, while investors focused their attention on new signals from the Fed.