Gold price update at the closing session 10. 4: Simultaneously increasing

SJC gold bar price

As of 5:30 PM, SJC gold bar prices were listed by DOJI at the threshold of 169.7-172.7 million VND/tael (buying - selling), an increase of 1.2 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.

SJC gold bar price was listed by Bao Tin Minh Chau at the threshold of 169.7-172.7 million VND/tael (buying - selling), an increase of 1.2 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.

Phu Quy Jewelry Group listed SJC gold bar prices at the threshold of 169.7-172.7 million VND/tael (buying - selling), an increase of 1.2 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.

9999 gold ring price

As of 5:30 PM, DOJI listed the price of gold rings at the threshold of 169.7-172.7 million VND/tael (buying - selling), an increase of 1.2 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.

Bao Tin Minh Chau listed the price of gold rings at the threshold of 169.7-172.7 million VND/tael (buying - selling), an increase of 1.2 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.

Phu Quy Gold and Gems Group listed the price of gold rings at 169.5-172.5 million VND/tael (buying - selling), an increase of 1.5 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.

Currently, the buying - selling price difference of gold is at a very high level, around 3 to 3.2 million VND/tael, posing a risk of losses for investors.

World gold price

At 5:30 PM, world gold prices were listed around the threshold of 4,757.2 USD/ounce, up 21.2 USD compared to the previous day.

Gold price forecast

World gold prices are experiencing strong fluctuations as investors simultaneously have to consider many variables such as real interest rates, inflationary pressure, geopolitical conflicts and profit-taking activities after a period of hot increase. However, many organizations and experts still believe that the long-term trend of this precious metal has not been broken.

According to Ms. Indrani De - Head of Global Investment Research at FTSE Russell, gold still plays an important role in the investment portfolio, especially when the world economy sends signals of slowing growth but inflation is not easy to cool down.

In that context, the demand for holding real assets may continue to increase, thereby strengthening gold's position as a defensive and risk diversification tool.

From another perspective, Ms. Roukaya Ibrahim - Director of Commodity Strategy at BCA Research - believes that gold prices in the short term may still be under pressure from speculative cash flow, real interest rate developments and geopolitical shocks.

However, this expert still leans towards a positive scenario in the next 12 months. According to her, if the global economy gradually shifts from worrying about inflation to worrying about weakening growth, the yield level may cool down and become a supporting factor for gold.

A noteworthy point is that buying power from central banks has not shown signs of disappearing. The fact that many central banks are taking advantage of increasing reserves when gold prices adjust shows that this precious metal is still considered a strategic asset in the context of prolonged global uncertainty. This is also an important foundation to help gold prices maintain a support zone during strong corrections.

However, risks to the market are still present. If interest rates remain at a higher level longer than expected, the USD continues to strengthen, or profit-taking selling pressure increases, gold prices may continue to fluctuate erratically in the short term.

Overall, the gold outlook still leans towards a positive trend, but the upcoming developments are unlikely to follow a straight line. In the context of the global financial market still being unstable, gold is still considered a noteworthy safe haven channel, especially for investors prioritizing safety in the medium and long term.