Update SJC gold price
As of 17h50, SJC gold price was listed by Saigon SJC VBD Company at the threshold of 105-107.5 million VND/tael (purchased - sold); Increasing 2 million dong/tael to buy and an increase of 1 million dong/tael to sell. Buying price difference - sold at the threshold of 2.5 million VND/tael.
At the same time, SJC gold price was listed by DOJI Group at the threshold of 105-107.5 million dong/tael (purchased - sold); Increasing 2 million dong/tael to buy and an increase of 1 million dong/tael to sell. Buying price difference - sold at the threshold of 2.5 million VND/tael.
Meanwhile, Bao Tin Minh Chau listed SJC gold price at 105-107.5 million dong/tael (purchased - sold); Increasing 2 million dong/tael to buy and an increase of 1 million dong/tael to sell. Buying price difference - sold at the threshold of 2.5 million VND/tael.
Gold price round 9999
As of 17h50 today, the price of gold ring 9999 prosperity at Doji listed at the threshold of 102-105 million VND/tael (purchased - sold); Increasing VND 800,000/tael to buy and up VND 200,000/tael sold compared to early in the morning. Buying price difference - sold at the threshold of 3 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at the threshold of 102.6-106.2 million VND/tael (purchased - sold); Increasing 1 million dong/tael to buy and increased by 1.1 million dong/tael to sell compared to the early morning. Buying price difference - sold at the threshold of 3.6 million VND/tael.
World gold price
As of 18:00, the world gold price listed at 3,214.3 USD/ounce, down 21.7 USD.
Gold price forecast
World gold price fell on Monday after reaching a record high at the beginning of the session, due to cooling down when US President Donald Trump exempted taxes on smartphones and computers.
"The weak dollar has supported the price of gold, but the information about tax exemption for technology products has made the psychology of risk increased, reducing the demand for safe shelter, making gold price lack of clear trends," said Tim Waterer, a market analyst at KCM Trade.
The White House announced the high tax exemption on Friday. However, Trump on Sunday said that this exemption for phones and computers from China will only temporarily.
"The continuous trade and tariff disputes have made the financial market more volatile and more unstable. In this context, if the USD continues to be weak, the gold price can be directed to the 3,300 USD/ounce milestones in the short term" - Mr. Waterer added.
Gold is not interested in interest, often considered as a tool to prevent risks in the period of economic instability and inflation.
Despite the decrease in gold price, Goldman Sachs Bank still raised the forecast of gold price at the end of 2025 from US $ 3,300 to US $ 3,700/ounce, thanks to the strong demand from central banks and capital flows into ETF funds.
Traders now expect the US Federal Reserve (Fed) to cut interest rates about 80 basic points from now until the end of 2025.
Colin Cieszynski - the patriarchal strategist at Sia Wealth Management - said he was also optimistic about gold this week, when the dollar tends to weaken and the instability factors have not shown signs of ending.
Rich Checkan - President and CEO at Asset Strategies International is expected to have short -term profit after a sharp increase, but that does not change the general trend. "Gold is motivating to increase prices clearly and still have room to continue to go up in the near future" - he said.
Note: The article data is comparable to the same time of the previous session.
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