SJC gold bar price
As of 5:00 p.m., DOJI Group listed the price of SJC gold bars at 151.2-153.2 million VND/tael (buy in - sell out), down 800,000 VND/tael in both directions. The difference between buying and selling prices is at 2 million VND/tael.
The price of SJC gold bars was listed by Bao Tin Minh Chau at 151.2-153.2 million VND/tael (buy - sell), down 1.8 million VND/tael for buying and down 1.3 million VND/tael for selling. 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 150.2-153.2 million VND/tael (buy - sell), down 1.3 million VND/tael in both directions. The difference between buying and selling prices is at 3 million VND/tael.
9999 gold ring price
As of 5:00 p.m., DOJI Group listed the price of gold rings at 149.5-152.5 million VND/tael (buy - sell), down 1 million VND/tael in both directions. The difference between buying and selling is 3 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at 150-153 million VND/tael (buy - sell), down 1.5 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 149.7-152.7 million VND/tael (buy - sell), down 1.5 million VND/tael in both directions. The difference between buying and selling prices is at 3 million VND/tael.
The high buying and selling distance increases the risk for individual investors. Personal investors, especially those with a "surfing" mentality, need to consider carefully before putting money down.
World gold price
The world gold price was listed at 5:26 p.m., at 4,167.8 USD/ounce, down 69.9 USD compared to a day ago.
Gold price forecast
Mr. Gary S. Wagner - a gold market analyst for the past 25 years, a writer at Kitco News - said that gold has broken the peak continuously, not falling sharply or reacting excessively, showing that this is not a bubble of speculation but a re-evaluation based on real risk.
According to Mr. Wagner, for gold, investors need to think long-term like running a marathon, not having to play quarterly or follow medium-term policy fluctuations. The US dollar remains the dominant currency, but rivals such as the yuan, the Euro or the expected BRICS common currency are only limited alternatives. Gold, on the other hand, is above all political and inflationary risks and is likened to a "eagle" flying high in the race of legal tender currencies.
Recent indicators further strengthen confidence in gold: Prices remain around $4,200/ounce, US gold ETFs increased strongly, trading volume set a record of08 billion USD/day in October, up more than 50% compared to the previous month. physical demand for gold in stores and online, especially in the US, has also increased sharply, reflecting consumer confidence.
TD Securities strategist Daniel Ghali said in a report on Thursday: "Gold's recovery this week is in line with market developments."
He said the recent decline in trading volume in the decentralized market makes gold prices more vulnerable. This liquidity gap could be the driving force for a gamma squeeze, which could lead to the second rally of the week, Daniel added.
Despite adjusting from a record of more than 4,380 USD/ounce last month, gold prices have increased by nearly 60% since the beginning of the year and are heading for their best annual increase since 1979.
Note: Gold price data is compared to a day earlier.
See more news related to gold prices HERE...
