SJC gold bar price
As of 5:50 PM, SJC gold bar prices were listed by DOJI at the threshold of 154.5-157.5 million VND/tael (buying - selling), a sharp decrease of 3.2 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.
SJC gold bar price was listed by Bao Tin Minh Chau at the threshold of 154.5-157.5 million VND/tael (buying - selling), a sharp decrease of 3.2 million VND/tael 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 the threshold of 154.5-157.5 million VND/tael (buying - selling), a sharp decrease of 3.2 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.
9999 gold ring price
As of 5:55 PM, DOJI listed the price of gold rings at the threshold of 154.5-157.5 million VND/tael (buying - selling), a sharp decrease of 3 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at the threshold of 154.5-157.5 million VND/tael (buying - selling), a sharp decrease of 3.2 million VND/tael 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 the price of gold rings at the threshold of 154.5-157.5 million VND/tael (buying - selling), a sharp decrease of 3 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 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 6:10 PM, world gold prices were listed around the threshold of 4,382.1 USD/ounce, down 68.1 USD compared to the previous day.
Gold price forecast
World gold prices fell sharply in the context of investors being more cautious with precious metals. Pressure from US bond yields remaining high, the strengthening USD and weakening safe-haven demand prevent gold from regaining short-term upward momentum. However, many financial institutions still believe that the long-term upward trend of gold has not been broken.
According to Mr. Doug Moglia - macro and market strategist at Rockefeller Global Investment Management, gold is still the pillar in the new upward cycle of the commodity group.
This expert believes that the gold market is entering a long-term upward cycle, supported by the gold buying demand of central banks, geopolitical risks and the trend of diversifying reserves away from the USD.
Mr. Doug Moglia believes that since 2022, gold has become a prioritized reserve asset in the context of central banks' concerns about political and legal risks to assets in the USD and euro systems. This is a factor that helps gold maintain its role as a risk-free macro asset.
Rockefeller's experts predict that gold prices may exceed 5,500 USD/ounce in 2027 and aim for 8,000 USD/ounce before 2030, even potentially exceeding 10,000 USD/ounce if supporting factors continue to persist.
From a more cautious perspective, UBS has lowered its gold price forecast for the end of 2026 from $5,900/ounce to $5,500/ounce. UBS experts Dominic Schnider and Wayne Gordon believe that the market is again paying attention to the opportunity cost of holding gold, in the context that gold is a non-rentable asset while real yields are still high. This may cause demand from ETFs and the futures market to weaken in the short term.
However, UBS does not believe that the long-term gold price increase cycle has ended. This bank believes that investors may need to be more patient with short-term fluctuations.
In the medium and long term, the central bank's gold buying demand, geopolitical risks, high public debt and the trend of diversification away from the USD are still factors that may continue to support gold prices.
Gold price data is compared to the previous day.
See more news related to gold prices HERE...
