SJC gold bar price
As of 6:00 a.m. on November 13, the price of SJC gold bars was listed by DOJI Group at VND 149.5-151.5 million/tael (buy in - sell out), down VND 500,000/tael in both directions. The difference between buying and selling prices is at 2 million VND/tael.
The price of SJC gold bars was listed by Bao Tin Minh Chau at 150-151.5 million VND/tael (buy - sell), down 500,000 VND/tael in both directions. The difference between buying and selling prices is at 1.5 million VND/tael.
Phu Quy Jewelry Group listed the price of SJC gold bars at 148.5-151.5 million VND/tael (buy - sell), down 500,000 VND/tael in both directions. The difference between buying and selling prices is at 3 million VND/tael.
9999 gold ring price
As of 6:00 a.m. on November 13, DOJI Group listed the price of gold rings at 148-151 million VND/tael (buy - sell), down 500,000 VND/tael in both directions. The difference between buying and selling is 3 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at 148.8-151.8 million VND/tael (buy - sell), down 500,000 VND/tael in both directions. The difference between buying and selling is 3 million VND/tael.
Phu Quy Gold and Stone Group listed the price of gold rings at 148.2-151.2 million VND/tael (buy - sell), down 500,000 VND/tael in both directions. The difference between buying and selling prices is at 3 million VND/tael.
Although domestic gold decreased, in the context of the world gold price increasing last night, domestic gold may increase when opening the trading session on November 13.
The high buying and selling distance increases the risk for individual investors. Personal investors, especially those with a "surfing" mentality, need to consider carefully before putting money down.
World gold price
The world gold price was listed at 23:15 on November 12 (Vietnam time) at 4,182.8 USD/ounce, up 76.7 USD compared to a day ago.
Gold price forecast
World gold prices increased last night, the short-term technical outlook has become more positive, attracting speculators based on the chart to return to buying positions.
The US government's ability to reopen this week also supports the upward momentum of the precious metal market. The resumption of US economic reports could pave the way for the possibility of the Federal Reserve cutting interest rates in December.
December gold contract increased by 25.2 USD, to 4,141.6 USD/ounce. In addition, December silver contracts also increased by 0.876 USD, to 51.635 USD/ounce.
The global stock market fluctuated in opposite directions overnight, while US stock indexes were forecast to open higher in New York.
In international news, US House of Representatives returned to Washington D.C. today to vote to end the 43-day US government shutdown. House Speaker Mike Johnson said he believes the bill - a difficult sell-off reached in the Senate and backed by US President Donald Trump - will soon be passed. However, he will have to maintain discipline within his party as House Democrats call on members to vote against the bill, according to Bloomberg.
According to Bloomberg, the amount of crude oil remaining in the world's oceans is about 1 billion, including a large proportion of oil from countries that are being sanctioned - a sign that these measures are somewhat disrupting global oil trade.
Of the oil spikes on tankers since late August, about 40% come from Russia, Iran, Venezuela or unknown origins, according to data from tracking companiesvortexa, Kpler and OilX. Even the lowest estimate - about 20% - accounts for a larger proportion of the global output of the three countries. This amount of oil is not necessarily unsold, but it threatens the revenue of oil exporters who are being sanctioned and could affect the world oil market, which is forecast to have excess supply.
Overseas markets today showed a slight increase in the US dollar index. Crude oil prices weakened, trading around 60.5 USD/barrel. The yield on the 10-year US Treasury note is currently at 4.09%.
Note: Gold price data is compared to a day earlier.
See more news related to gold prices HERE...
