Update SJC gold price
As of 6:15 p.m., DOJI Group listed the price of SJC gold bars at 85-87 million VND/tael (buy - sell).
Compared to the close of the previous trading session, gold prices at DOJI remained unchanged in both buying and selling directions.
The difference between buying and selling price of SJC gold at DOJI Group is at 2 million VND/tael.
Meanwhile, Saigon Jewelry Company listed the price of SJC gold at 85-87 million VND/tael (buy - sell).
Compared to the previous trading session, the gold price at Saigon Jewelry Company SJC remained unchanged in both buying and selling directions.
The difference between buying and selling price of SJC gold at Saigon Jewelry Company is at 2 million VND/tael.
Bao Tin Minh Chau listed SJC gold price at 85.3-87 million VND/tael (buy - sell), unchanged.
Compared to the previous trading session, gold prices at Bao Tin Minh Chau remained unchanged in both buying and selling directions.
The difference between buying and selling price of SJC gold at Bao Tin Minh Chau is at 1.7 million VND/tael.
Currently, the difference between buying and selling gold prices fluctuates around 2 million VND/tael. Although it has decreased compared to the previous session, this difference is still high.
This price difference is a factor that investors need to consider when participating in the gold market. It directly affects the ability to make profits, especially in the short term.
Price of round gold ring 9999
As of 6:15 p.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 85.6-86.6 million VND/tael (buy - sell), an increase of 200,000 VND/tael for buying and 100,000 VND/tael for selling compared to the close of the previous trading session.
Bao Tin Minh Chau listed the price of gold rings at 85.63-86.58 million VND/tael (buy - sell); increased by 150,000 VND/tael for both buying and selling.
World gold price
As of 4:53 p.m., the world gold price listed on Kitco was at 2,716.3 USD/ounce, up 12.2 USD/ounce compared to the close of the previous trading session.
Gold Price Forecast
World gold prices increased sharply despite the increase in the USD index. Recorded at 4:53 p.m. on November 23, the US Dollar Index, which measures the fluctuations of the greenback against 6 major currencies, was at 107,510 points (up 0.54%).
The latest Kitco News weekly gold survey shows that last week's bearish sentiment among industry experts "has completely evaporated."
This week, 18 analysts participated in the Kitco News gold survey. Sixteen analysts see gold prices rising next week, while two see prices moving sideways. No analysts see gold falling next week.
In the longer term, analysts at BMI (a unit of Fitch Solutions) told The Economic Times that investors need to prepare for significant downside risks in 2025.
BMI believes that gold has started to decline since Donald Trump was elected US President and currently, the recovery of the precious metal is not strong.
Contrary to BMI's forecast, Goldman Sachs - a global financial group, believes that gold prices will increase to $3,000/ounce in 2025 due to strong buying demand from central banks and interest rate cuts by the US Federal Reserve (FED).
This figure is equivalent to the domestic gold price of about more than 93 million VND/tael.
See more news related to gold prices HERE...
