SJC gold bar price
As of 6:00 a.m. on October 13, the price of SJC gold bars listed by DOJI Group was at 82.5 - 84.5 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 prices of SJC gold at DOJI Group is at 2 million VND/tael.
Meanwhile, Bao Tin Minh Chau listed the price of SJC gold at 82.5 - 84.5 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 Bao Tin Minh Chau is at 2 million VND/tael.
9999 gold ring price
As of 6:00 a.m. on October 13, the price of 9999 Hung Thinh Vuong round gold rings at DOJI was listed at VND 82.55 - 83.45 million/tael (buy - sell); an increase of VND 250,000/tael for both buying and selling compared to the beginning of the previous trading session.
Bao Tin Minh Chau listed the price of plain round rings at 82.52 - 83.42 million VND/tael, an increase of 240,000 VND/tael for buying and selling.
PNJ listed the price of plain round gold rings at 82.3 - 83.3 million VND/tael (buy - sell), an increase of 300,000 VND/tael for buying and an increase of 200,000 VND/tael for selling.
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 6:00 a.m. on October 13, the world gold price listed on Kitco was at 2,657.1 USD/ounce, down 3.1 USD/ounce compared to the beginning of the previous trading session.
Gold Price Forecast
World gold prices increased sharply in the context of the USD index decreasing. Recorded at 6:00 a.m. on October 13, the US Dollar Index measuring the fluctuations of the greenback against 6 major currencies was at 102,680 points (down 0.05%).
The latest Kitco News weekly gold survey shows that only a majority of industry experts expect prices to rise or trade sideways next week, while a majority of investors remain bullish but numbers are down.
Fifteen analysts took part in the Kitco News gold survey. Seven analysts said they expected prices to rise next week, while two predicted prices would fall. The remaining six analysts, or 40%, were neutral on gold’s near-term outlook.
Meanwhile, 157 votes were cast in Kitco's online poll. 88 traders predicted gold prices would rise next week. While 43 traders predicted the precious metal would fall. The remaining 26 traders predicted prices would trend sideways next week.
The economic calendar is relatively light next week, but markets will still be watching U.S. retail sales data on Thursday to see if consumer spending continues to be resilient. The other big news event is the European Central Bank's monetary policy decision early Thursday.
Analyst Gary Wagner at gold market website Kitco Metals (Canada) commented: "As the global economic situation remains unstable and geopolitical tensions continue, the appeal of gold as a safe haven asset is likely to continue.
Investors will be closely monitoring key technical levels and fundamental factors that could influence gold's trajectory in the coming weeks and months. Given its recent strength and resilience, gold appears well-positioned to continue its rally, potentially challenging and surpassing its recent all-time highs," said Gary Wagner.
See more news related to gold prices HERE...
