Updated SJC gold price
As of 7:00 p.m., the price of SJC gold bars was listed by Saigon Jewelry Company at VND 116.5-111.5 million/tael (buy - sell); down VND 5.5 million/tael for buying and down VND 4.5 million/tael for selling. The difference between buying and selling prices is at 3 million VND/tael.
At the same time, the price of SJC gold bars was listed by DOJI Group at 116.5-1195 million VND/tael (buy - sell); down 5.5 million VND/tael for buying and down 4.5 million VND/tael for selling. The difference between buying and selling prices is at 3 million VND/tael.
Meanwhile, Bao Tin Minh Chau listed the price of SJC gold bars at 116.5-111.5 million VND/tael (buy - sell); down 4 million VND/tael for buying and down 3 million VND/tael for selling. The difference between buying and selling prices is at 3 million VND/tael.
9999 round gold ring price
As of 7:00 p.m. today, the price of Hung Thinh Vuong 9999 round gold rings at DOJI was listed at 112.5-125.3 million VND/tael (buy - sell); down 4.7 million VND/tael for buying and down 3.7 million VND/tael for selling. The difference between buying and selling prices is at 2.8 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at 115-118 million VND/tael (buy - sell); down 4 million VND/tael for both buying and selling. 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 to an excessively high level, causing risks for individual investors to increase.
World gold price
As of 7:00 p.m., the world gold price was listed at 3,326.3 USD/ounce, down to 128.6 USD.
Gold price forecast
Gold prices fell sharply on Wednesday after US President Donald Trump withdrew his threat to fire US Federal Reserve Chairman Jerome Powell and expressed optimism about a trade deal with China - the leading metal consumer, reducing the appeal of gold as a safe-haven asset.
US Treasury Secretary Scott Bessent said he believes US-China trade tensions will cool down, but negotiations with Beijing have not yet begun and will be a "difficult process".
Fed President Minneapolis, Neel Kashkari, said it is too early to know whether short-term borrowing costs need to be adjusted due to the impact of Trump's tariffs on inflation and the economy.
According to Jim Wyckoff - senior analyst at Kitco, gold has encountered a wave of profit-taking due to the strong recovery of US stock indexes.
Sharing the same view, Neils Christensen - an analyst at Kitco News - commented that gold is recording a strong profit-taking. Although the International Monetary Fund (IMF) has just sharply lowered its forecast for US GDP growth this year, the demand for gold as a safe-haven asset has not appeared.
Note: The article data compares with the same time of the previous trading session.
See more news related to gold prices HERE...
