Gold Price Forecast
Loss of nearly 1 million VND after Than Tien Nhan Day, what are the chances for gold prices to recover?
|
World gold prices are rising strongly amid concerns that the US Federal Reserve (Fed) may choose to increase interest rates urgently before the March meeting to curb inflation. On the other hand, domestic gold prices are constantly adjusting, causing disadvantages for buyers.
Loss of 1.6 million VND, buyers confused when buying gold on the Day of the Golden age
|
The gap between buying and selling gold prices was extended to 1.6 million VND, causing gold buyers to lose money as soon as they left the store. The strong fluctuations in gold prices have made many people confused about whether they should spend money on the Talented Journey Day or not.
Massive purchasing power, Vietnamese people poured money to buy 43 tons of gold in the past year
|
Gold demand in Vietnam and globally has recorded impressive growth throughout 2021. Experts predict that gold prices will continue to fluctuate due to prolonged economic, political and COVID-19 uncertainties.
Bright prospects, Goldman Sachs raises gold price forecast
|
After a gloomy 2021, Goldman Sachs is still full of hope for gold. Experts have raised their gold price forecasts and recommended long-term buying for investors this year.
Gold prices are expected to continue to soar next week
|
Gold prices struggled around $1,830 an ounce amid heating up inflation and rising bond yields. Gold prices are expected to increase sharply as investors do not expect much to increase USD prices because the information about the Fed raising interest rates has been absorbed by the market for many months.
Experts predict record increase and decrease in gold prices in 2022
|
There are many conflicting forecasts for gold prices in 2022, including 2 main scenarios, depending on 2 factors.
Will the more hawkish Fed cause gold prices to peak or hit a bottom in 2022?
|
At the end of 2021, the metal's worst year since 2015, analysts are now divided on how a more hawkish Fed will impact. Some believe that gold prices will return to $1,600/ounce by the end of the year, while others expect to return to record highs.
"Blowing" 4%, gold prices experience a gloomy 2021
|
The stock market, oil prices, and USD prices recorded impressive increases throughout 2021, but gold prices were out of the picture when they lost up to 4% of their value.
Gold prices find it difficult to hold firm against 3 waves of Fed interest rate increases
|
J.P. Morgan Global Research of J.P.Morgan Bank has just published an overview of the markets in 2022, including a forecast for gold prices.
Gold prices likely to be less attractive in the long term due to rising prices early next year
|
The precious metals market is in the final trading week of 2021 at over 1,800 USD/ounce. Credit Suisse predicts that gold prices may continue to increase in the new year.
The excitement is heating up, can gold prices reach a peak to the end of 2021?
|
Gold prices have recorded an increase of 35 USD/ounce since the beginning of December. Analysts are excited to see whether the precious metal can end the year at $1,850/ounce.
Gold price drop causes investors to "difficult" because of losses
|
After gold prices soared to over $1,800, heavy selling pressure caused gold prices to turn to decrease.
The FBI searches for a mysterious gold vault worth hundreds of millions of dollars during the civil war?
|
FBI agents dig into remote forests to find gold deposits that were believed to have been hidden since the US civil war three years ago.
It is not too surprising if gold prices increase to 2,000 USD/ounce
|
World gold prices this afternoon continued to consolidate their high price of over 1,700 USD/ounce, raising expectations for the ability to successfully conquer the 2,000 USD mark this year.
Gold price skyrockets by nearly 700 thousand VND per tael
|
In just a few trading hours, the gold price on the world market this afternoon (May 9) skyrocketed to more than 23 USD per ounce, equivalent to an increase of 660 thousand VND per tael.