Updated SJC gold price
As of 6:10 p.m., the price of SJC gold bars was listed by Saigon Jewelry Company at VND 118.5-120.5 million/tael (buy in - sell out), an increase of VND 1.3 million/tael in both directions. The difference between buying and selling prices is at 2 million VND/tael.
At the same time, the price of SJC gold bars was listed by DOJI Group at 118.5-120.5 million VND/tael (buy in - sell out), an increase of 1.3 million VND/tael in both directions. The difference between buying and selling prices is at 2 million VND/tael.
Meanwhile, Bao Tin Minh Chau listed the price of SJC gold bars at 118.5-120.5 million VND/tael (buy in - sell out), an increase of 1.3 million VND/tael in both directions. The difference between buying and selling prices is at 2 million VND/tael.
Phu Quy Jewelry Group listed the price of SJC gold bars at 117.5-120.5 million VND/tael (buy in - sell out), an increase of 1.3 million VND/tael in both directions. The difference between buying and selling prices is at 3 million VND/tael.
9999 round gold ring price
As of 6:10 p.m., the price of Hung Thinh Vuong 9999 round gold rings at DOJI was listed at 113-125.5 million VND/tael (buy in - sell out), an increase of 500,000 VND/tael in both directions. The difference between buying and selling prices is at 2.5 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at 116-119 million VND/tael (buy - sell), an increase of 1 million VND/tael in both directions. The difference between buying and selling is 3 million VND/tael.
Phu Quy Gold and Stone Group listed the price of gold rings at 114-117 million VND/tael (buy - sell), an increase of 1 million VND/tael in both directions. The difference between buying and selling prices is at 3 million VND/tael.
In the context of strong fluctuations in domestic gold prices, the buying-selling gap is pushed too high, increasing the risk for individual investors. Personal investors, especially those with a "surfing" mentality, need to consider carefully before putting money down.
World gold price
At 6:12 p.m., the world gold price listed on Kitco was around 3,252 USD/ounce, up 38.8 USD/ounce.
Gold price forecast
According to Kitco, world gold prices fell sharply after the US reached landmark trade agreements with China and the UK. These deals helped the USD increase strongly, changing the economic picture and causing investors to sell off gold.
US Treasury Secretary Scott Bessent said the negotiations were very effective, paving the way for deep tax cuts from Wednesday.
The US will cut tariffs on most Chinese goods from 145% to 30% (except for items such as steel, aluminum and cars), while China will cut tariffs on US goods from 125% to 10%.
The deal will last for 90 days and could become permanent. Economists expect it to help reduce consumer inflation and boost US exports, especially in the agricultural and manufacturing sectors.
At the same time, the new trade agreement between the United States and the UK also expanded the door for American goods to access the UK market. The White House estimates that this agreement will create an export opportunity of about US $ 5 billion for US farmers and producers. The agreement on the basic tax rate of 10%, with special terms for cars.
Despite losing momentum after trade deals, gold prices still have many opportunities to break out as the global market faces prolonged economic and geopolitical instability.
In an interview with Kitco News, Nitesh Shah - Director of European Commodity and macroeconomic Research at WisdomTree said that in addition to global trade instability, the next major risks he sees for the economy are US monetary policy and the independence of the US Federal Reserve (FED).
In the updated price forecast, Mr. Shah's model gives a base scenario that gold will reach 3,610 USD/ounce in the first quarter of 2026. However, he added that with too much uncertainty in the financial market, risks tend to increase.
We believe that demand for speculation in gold will continue to increase in the context of rising recession and inflation risks. It took gold 14 years to rise from $1,000/ounce to $2,000/ounce but it took just over a year to rise from $2,000/ounce to $3,000/ounce. Its not hard to imagine another $1000 added to the current price, bringing gold above $4,000 an ounce, he wrote in his latest report.
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