Update SJC gold price
As of 6:50 p.m., DOJI Group listed the price of SJC gold bars at VND 84.6-86.6 million/tael (buy - sell).
Compared to the close of the previous trading session, gold price at DOJI decreased by 400,000 VND 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 84.6-86.6 million VND/tael (buy - sell).
Compared to the previous trading session, the gold price at Saigon Jewelry Company SJC decreased by 400,000 VND 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 84.6-86.6 million VND/tael (buy - sell), unchanged.
Compared to the previous trading session, gold price at Bao Tin Minh Chau decreased by 700,000 VND/tael for buying and 400,000 VND/tael for selling.
The difference between buying and selling price of SJC gold at Bao Tin Minh Chau is at 2 million VND/tael.
The difference between buying and selling gold prices is listed at around 2 million VND/tael. Although it has decreased compared to the previous trading session, this difference is still very 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 7:00 p.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 84.3-85.8 million VND/tael (buy - sell), down 1.3 million VND/tael for buying and down 800,000 VND/tael for selling compared to the close of the previous trading session.
Bao Tin Minh Chau listed the price of gold rings at 84.58-85.98 million VND/tael (buy - sell); down 1.05 million VND/tael for buying and down 600,000 VND/tael for selling.
World gold price
As of 7:00 p.m., the world gold price listed on Kitco was at 2,685.2 USD/ounce, down 31.1 USD/ounce compared to the close of the previous trading session.
Gold Price Forecast
World gold prices fell sharply despite a sharp drop in the USD index. Recorded at 7:00 p.m. on November 25, the US Dollar Index, which measures the greenback's fluctuations against six major currencies, was at 106.972 points (down 0.49%).
Gold prices fell 1% on Monday as investors took profits after a five-session rally to a three-week high, Reuters reported.
Gold’s five-session rally has been halted by profit-taking, while “Donald Trump’s pick of Scott Bessent as US Treasury Secretary, hints of a reduction in tariffs and easing of US-China trade concerns” have dampened demand for safe-haven assets, said Yeap Jun Rong, market strategist at IG.
Investors are awaiting the minutes of the US Federal Reserve's November FOMC meeting, GDP data (first revision) and core PCE indices, all scheduled for release this week.
"Markets are widely expecting the Fed to cut interest rates by 25 basis points at its next meeting on December 18, although traders have reduced bets on this outcome in recent days," Frank Watson, a market analyst at Kinesis Money, said in a note.
Traders now see a 56% chance of another 25 basis point rate cut in December, according to the CME FedWatch tool.
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