SJC gold bar price
As of 6:00 PM, SJC gold bar prices were listed by DOJI at 163-166 million VND/tael (buying - selling), down 1.5 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.
SJC gold bar price was listed by Bao Tin Minh Chau at 163-166 million VND/tael (buying - selling), down 1.5 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.
Phu Quy Jewelry Group listed SJC gold bar prices at 163-166 million VND/tael (buying - selling), down 1.5 million VND/tael 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 6:20 PM, DOJI listed gold ring prices at the threshold of 162.5-165.5 million VND/tael (buying - selling), down 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.
Bao Tin Minh Chau listed the price of gold rings at 163-166 million VND/tael (buying - selling), down 1.5 million VND/tael 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 162.5-165.5 million VND/tael (buying - selling), down 1.5 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.
Currently, 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 6:25 PM, world gold prices were listed around the threshold of 4, 565.5 USD/ounce, down 135.4 USD compared to the previous day.
Gold price forecast
Under pressure from the USD and rising US bond yields, world gold prices turned down sharply in the recent session, leading to cautious sentiment in the precious metals market.
According to records, June gold futures fell sharply, while silver also lost significant value. This development reflects a short-term correction trend as macroeconomic factors are temporarily unfavorable for gold.
Analysts believe that the USD maintaining its strength along with high US government bond yields increases the opportunity cost of holding gold – a non-performing asset.
In addition, technical signals are also deteriorating, causing short-term speculators to increase selling positions. In the short term, the important support zone for gold prices is determined around 4,500-4,550 USD/ounce, while the resistance level is in the 4,700 USD/ounce area.
Regarding monetary policy, the market is waiting for the results of the meeting of the Federal Reserve's Federal Open Market Committee, with expectations that interest rates will continue to be maintained. A similar move is also forecast in major economies in the Group of Seven group. This shows that a high interest rate environment may last, continuing to put pressure on gold prices.
From a longer perspective, World Bank experts believe that the strong increase in gold and silver in recent times partly comes from speculative factors, and the recent adjustment is a necessary "cooldown".
However, this organization still forecasts that the average gold price this year may be around 4,700 USD/ounce, a sharp increase compared to last year, before slightly decreasing in 2027.
The outlook for precious metal prices still largely depends on global risk sentiment, speculative demand and macroeconomic conditions. Risks are still leaning towards the possibility of price increases if trade tensions or financial volatility increase," the World Bank's expert group said.
However, a price reduction scenario still exists if inflation continues to rise due to rising energy prices, forcing central banks to maintain tight monetary policy. In addition, the weakening demand for gold from central banks or cooling geopolitical tensions may also reduce the attractiveness of precious metals in the near future.
Gold price data is compared to the previous day.
The world gold and silver market operates through two main pricing mechanisms. The first is the spot market, where the buying and selling and immediate delivery prices are listed. The second is the futures market, where prices are set for future delivery.
Due to the impact of year-end position restructuring and market liquidity, the December gold futures contract is currently the most actively traded contract on the CME exchange.
See more news related to gold prices HERE...
