SJC gold bar price
As of 6:00 AM, SJC gold bar prices were listed by DOJI at the threshold of 169.7-172.7 million VND/tael (buying - selling), an increase of 1.2 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 169.7-172.7 million VND/tael (buying - selling), an increase of 1.2 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 169.7-172.7 million VND/tael (buying - selling), an increase of 1.2 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 6:00 AM, DOJI listed the price of gold rings at the threshold of 169.7-172.7 million VND/tael (buying - selling), an increase of 1.2 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 the threshold of 169.7-172.7 million VND/tael (buying - selling), an increase of 1.2 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 Gold and Gems Group listed the price of gold rings at 169.5-172.5 million VND/tael (buying - selling), an increase of 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 to 3.2 million VND/tael, posing a risk of losses for investors.
World gold price
At 5:43 AM, world gold prices were listed around the threshold of 4,747.2 USD/ounce, down 44.5 USD compared to the previous day.
Gold price forecast
World gold prices fluctuated last night right after the US announced the consumer price index (CPI) for March lower than market forecasts. This development raised expectations that the US Federal Reserve (FED) still has room to cut interest rates in the last months of the year to support slowing economic growth. In the first reaction, spot gold prices at one point increased by more than 10 USD/ounce, approaching the important resistance zone of 4,800 USD/ounce.
However, the upward momentum of precious metals did not last long as investors quickly switched to cautious sentiment. Although inflation is lower than forecast, price pressure in the US is still present, especially from the energy group when gasoline prices increase sharply. This raises concerns that the FED may continue to maintain tight monetary policy longer than expected.
In addition, geopolitical tensions and financial pressure on US households continue to cast a shadow over economic prospects. In a context of many intertwined risks, gold prices are assessed to still have a supporting foundation, but short-term volatility will remain strong as the market struggles between expectations of interest rate cuts and prolonged inflation concerns.
Market information also closely monitors geopolitical developments in the Middle East. According to international sources, the ceasefire agreement between the US and Iran is basically still maintained, although the situation in the region still contains many risks. The US and Iranian delegations are expected to meet in Pakistan on Saturday to continue discussions.
Meanwhile, cross-border fighting between Israel and Hezbollah continues, raising concerns about the risk of affecting the negotiation process and maritime security in the Hormuz Strait area - the world's important energy transportation route.
In another development, Bloomberg quoted a senior Ukrainian official involved in negotiations with Russia as saying that the negotiation process is showing positive signs and the possibility of reaching a peace agreement is gradually becoming clearer.
Although public negotiations so far have not achieved many specific results, the Ukrainian side believes that both sides are aware of the need to end the conflict.
Technically, buyers on the June gold futures market are aiming to bring the closing price above the strong resistance level of 5,000 USD/ounce.
In the opposite direction, the short-term goal of the selling side is to pull the price down below the strong support zone of 4,500 USD/ounce.
The nearest resistance is at $4,800/ounce, followed by this week's peak at $4,888/ounce. The nearest support zones are 4,750 USD/ounce and the next is 4,700 USD/ounce.
Gold price data is compared to the previous day.
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