Update on the closing price of gold on September 30: Sudden drop

Khương Duy |

Update on the closing price of gold on September 30: After many sessions at high levels, the price of 9999 round smooth gold rings decreased this afternoon.

Update SJC gold price

As of 5:00 p.m., the price of SJC gold bars listed by DOJI Group was at 81.5 - 83.5 million VND/tael (buy - sell).

Compared to the beginning 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.

Gia vang SJC trong nuoc chot phien 24.9.2024.
Domestic SJC gold price closed on September 30, 2024.
Dien bien gia vang SJC thang qua. Bieu do: Khuong Duy
SJC gold price developments last month. Chart: Khuong Duy

Meanwhile, Bao Tin Minh Chau listed the price of SJC gold at 81.5 - 83.5 million VND/tael (buy - sell).

Compared to the beginning of 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 Saigon Jewelry Company is at 2 million VND/tael.

Price of round gold ring 9999

As of 5:00 p.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 82.65-83.35 million VND/tael (buy - sell), unchanged.

Dien bien gia vang nhan trong tron 2 thang gan day. Vang nhan dang ghi nhan giai doan tang gia chong mat. Bieu do: Khuong Duy
Price movements of plain round gold rings in the last 2 months. Gold rings are recording a period of rapid price increase. Chart: Khuong Duy

Bao Tin Minh Chau also adjusted the price of plain round gold rings to increase to the threshold of 82.54-83.44 million VND/tael (buy - sell) unchanged.

In recent sessions, the price of gold rings has often fluctuated in the same direction as the world market. Investors can refer to the world market and expert opinions before making investment decisions.

World gold price

As of 5:05 p.m., the world gold price listed on Kitco was at 2,647.8 USD/ounce, down 10.1 USD/ounce compared to the closing price yesterday afternoon.

Dien bien gia vang the gioi. Nguon: Kitco
World gold price developments. Source: Kitco

Gold Price Forecast

World gold prices fell despite the weakening of the USD index. Recorded at 5:00 p.m. on September 30, the US Dollar Index, which measures the greenback's fluctuations against six major currencies, stood at 100.057 points (down 0.05%).

Kitco News’ latest weekly gold survey shows that experts are evenly split between bullish and bearish forecasts for next week. Meanwhile, investors remain bullish on gold, but the level of optimism is down from previous weeks.

Fourteen analysts took part in the Kitco News Gold Survey. Six experts see gold prices rising this week. Another six experts see the precious metal falling. The remaining two analysts, or 14%, see gold trading sideways this week.

Meanwhile, 192 votes were cast in Kitco’s online poll. The majority of investors remained bullish. 120 traders expected gold prices to rise this week. 38 predicted a decline, while 3 said prices would remain flat.

See more news related to gold prices HERE...

Khương Duy
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