Update SJC gold price
As of 5:00 p.m., the price of SJC gold bars was listed by DOJI Group at 87-89 million VND/tael (buy - sell).
Compared to the previous trading session, gold prices at DOJI remained unchanged in both buying and selling directions. The difference between buying and selling prices of SJC gold at DOJI Group is at 2 million VND/tael.
Meanwhile, Saigon Jewelry Company SJC listed the price of SJC gold at 87-89 million VND/tael (buy - sell). Compared to the closing price of the previous trading session, the gold price at Saigon Jewelry Company SJC remained unchanged in both buying and selling directions. The difference between the buying and selling price of SJC gold at Saigon Jewelry Company SJC was at 2 million VND/tael.
Bao Tin Minh Chau listed the price of SJC gold at 87-89 million VND/tael (buy - sell). Compared to the closing price of the previous trading session, the gold price at Bao Tin Minh Chau remained unchanged in both buying and selling directions. The difference between the buying and selling price of SJC gold at Bao Tin Minh Chau was at 2 million VND/tael.
Currently, the difference between buying and selling gold prices is listed at around 2 million VND/tael. Experts say that this difference is very high, causing investors to face the risk of losing money when investing in the short term.
9999 round gold ring price
As of 5:30 p.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 87.3-88.4 million VND/tael (buy - sell), down 200,000 VND/tael for buying and down 100,000 VND/tael for selling compared to the close of the previous trading session.
Bao Tin Minh Chau listed the price of gold rings at 87.33-88.43 million VND/tael (buy - sell); down 150,000 VND/tael for buying and down 50,000 VND/tael for selling compared to the close of the previous trading session.
World gold price
As of 5:47 p.m., the world gold price listed on Kitco was at 2,720.9 USD/ounce, down 17 USD/ounce compared to the close of the previous trading session.
Gold Price Forecast
World gold prices fell as the USD index increased sharply. Recorded at 5:37 p.m. on November 6, the US Dollar Index, which measures the greenback's fluctuations against six major currencies, was at 104.825 points (up 1.47%).
The US dollar rose sharply today as Republican candidate Donald Trump announced his victory in the US presidential election. This news came shortly after Fox News predicted that he would win the election.
Many other news outlets have yet to report on Donald Trump's race, but according to Edison Research, he appears to be on a straight path to victory after winning votes in the battleground states of Pennsylvania, North Carolina and Georgia and leading in the remaining four states.
Speaking for the first time after the election, Mr. Trump emphasized: "This is a great victory for the American people, allowing us to make America great again."
The billionaire has previously pledged to make America’s allies or rivals pay a heavy price if they do not use the US dollar in international transactions. This is a new pillar solution added to Mr. Trump’s tariff program.
Investors believe that under President Donald Trump, many economies will have to be very "cautious". Some opinions say that Mr. Trump's election will have a strong policy of reducing taxes, increasing income for people, which means stimulating more spending. This creates pressure on inflation and will force the US Federal Reserve (FED) to consider a policy of cutting interest rates.
Although the FED has announced a rate cut, it also relies on variables to make its decision. Therefore, the FED may still consider slowing down the rate cut, which will make the USD stronger. This information is quite unfavorable for gold prices.
