SJC gold bar price
As of 5:00 PM, SJC gold bar prices were listed by DOJI Group at the threshold of 181.7-184.7 million VND/tael (buying - selling), an increase of 500,000 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 181.7-184.7 million VND/tael (buying - selling), an increase of 500,000 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 182-184.7 million VND/tael (buying - selling), an increase of 800,000 VND/tael on the buying side and an increase of 500,000 VND/tael on the selling side. The difference between buying and selling prices is at 2.7 million VND/tael.
9999 gold ring price
As of 17:00, DOJI Group listed the price of gold rings at the threshold of 181.7-184.7 million VND/tael (buying - selling), an increase of 500,000 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 181.7-184.7 million VND/tael (buying - selling), down 300,000 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 181.7-184.7 million VND/tael (buying - selling), an increase of 500,000 VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 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 5:06 PM, world gold prices were listed around the threshold of 5,149.4 USD/ounce, down 34 USD.
Gold price forecast
World gold prices are recording strong fluctuations as many supporting and containing factors appear together. Geopolitical tensions in the Middle East continue to maintain safe-haven demand for precious metals, but gold's upward momentum still faces no small resistance from the global financial market.
According to Mr. Kyle Rodda - senior financial market analyst at Capital. com, tense developments in the Middle East may help gold maintain its long-term appeal. However, the level of uncertainty of the conflict may also cause the market to experience many strong fluctuations in the short term.
He believes that gold prices may continue to fluctuate until clear signals show that geopolitical tensions have peaked.
Besides geopolitical factors, the upcoming US economic data is also considered an important variable for gold price trends. Investors are currently paying special attention to the US non-farm payroll report, because this result could directly affect the interest rate policy expectations of the US Federal Reserve (Fed). If the labor market weakens more than forecast, the possibility of the Fed easing monetary policy may increase, thereby supporting gold prices.
However, some experts believe that the precious metal may need more accumulation time after a period of hot growth. Market strategist Michele Schneider from MarketGauge said that gold may have difficulty maintaining strong growth momentum as the bond market is becoming a competitive haven.
According to Ms. Schneider, the yield of 10-year US Treasury bonds falling below 4% recently has caused many investors to begin reconsidering asset allocation. Amid growing concerns about the stability of the financial system and credit market, bonds are gradually being seen as a "safe net" replacing gold.
However, the long-term outlook for the precious metal is still positively assessed by many experts. Factors such as prolonged geopolitical tensions, central banks' demand for gold reserves and the risk of global economic instability may continue to support the market.
Gold price data is compared to the previous day.
The world gold market operates through two main pricing mechanisms. The first is the spot market, where prices are quoted for transactions and immediate delivery.
The second is the futures contract market, where prices are set for futures delivery. Due to year-end closing activities, December gold futures contracts are currently the most actively traded type on the CME.
See more news related to gold prices HERE...
