SJC gold bar price
As of 5:45 PM, SJC gold bar prices were listed by DOJI at 160.5-163.5 million VND/tael (buying - selling), unchanged in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.
SJC gold bar price is listed by Bao Tin Minh Chau at the threshold of 160.5-163.5 million VND/tael (buying - selling), unchanged 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 160.5-163.5 million VND/tael (buying - selling), unchanged in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.
9999 gold ring price
As of 5:45 PM, DOJI listed the price of gold rings at 160.5-163.5 million VND/tael (buying - selling), unchanged in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at 160.5-163.5 million VND/tael (buying - selling), unchanged in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.
Phu Quy Gold and Gems Group listed the price of gold rings at 160.5-163.5 million VND/tael (buying - selling), unchanged in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.
The buying - selling price difference of gold is at a very high level, around 3 million VND/tael, posing a risk of losses for investors.
World gold price
At 5:45 PM, world gold prices were listed around the threshold of 4,539.2 USD/ounce, down 19.9 USD compared to the previous day.
Gold price forecast
According to Kitco News' weekly gold survey, Wall Street sentiment shifted significantly to negative after gold prices failed to maintain important support zones.
Among the 13 experts participating in the survey, only 2 people, equivalent to 15%, predicted gold prices would increase next week; 10 people, equivalent to 77%, thought prices would decrease; and 1 person, equivalent to 8%, predicted prices would remain flat.
In the opposite direction, individual investors still maintain a more optimistic view. In 29 Kitco online surveys, 17 investors, equivalent to 59%, expect gold prices to increase; 4 people, equivalent to 14%, forecast prices to decrease; and the remaining 8 people, equivalent to 28%, believe that prices will remain flat next week.
Some Wall Street experts believe that gold is still under pressure in the short term. Mr. Marc Chandler - Managing Director of Bannockburn Global Forex - said that rising interest rates and a stronger USD pulled gold prices down at the end of the week. According to him, if gold prices break through the 4,500 USD/ounce zone, the precious metal may continue to fall back to around 4,350 USD/ounce.
Sharing the same cautious view, Mr. Alex Kuptsikevich - senior market analyst at FxPro - said that the 4,700 USD/ounce zone continues to be a strong resistance for gold. According to this expert, if a breakthrough scenario does not occur, selling pressure may increase, pulling gold prices towards the 4,350 USD/ounce zone.
However, not all experts are pessimistic. Mr. Darin Newsom - senior market analyst at Barchart. com - predicts gold prices may rise, saying that the sell-off at the end of the week may have eliminated most of the selling pressure in the futures market. If buying from central banks continues to be maintained, gold still has a short-term recovery opportunity.
In general, the outlook for gold prices next week is assessed to be still volatile. Experts will monitor the Fed meeting minutes, housing data, manufacturing, unemployment benefits and US consumer sentiment. In addition, Middle East tensions, oil prices and US bond yields are still factors that could strongly dominate the diễn biến of precious metals.
Gold price data is compared to the previous day.
See more news related to gold prices HERE...
