SJC gold bar price
As of 6:00 AM, SJC gold bar prices were listed by DOJI at the threshold of 162.5-165.5 million VND/tael (buying - selling), an increase of 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.
SJC gold bar price is listed by Bao Tin Minh Chau at the threshold of 162.5-165.5 million VND/tael (buying - selling), an increase of 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 SJC gold bar prices at 162.5-165.5 million VND/tael (buying - selling), an increase of 300,000 VND/tael in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.
9999 gold ring price
As of 6:00 AM, DOJI listed the price of gold rings at the threshold of 162.5-165.5 million VND/tael (buying - selling), an increase of 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.
Bao Tin Minh Chau listed the price of gold rings at the threshold of 162.5-165.5 million VND/tael (buying - selling), an increase of 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 Gold and Gems Group listed the price of gold rings at 162.5-165.5 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 3 million VND/tael.
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 4:41 AM, world gold prices were listed around the threshold of 4, 714.4 USD/ounce, down 8.3 USD compared to the previous day.
Gold price forecast
In the context of the market waiting for US inflation data, world gold prices continued to struggle around the 4,700 USD/ounce range. Selling pressure appeared after the precious metal hit a three-week high, as the USD and oil prices simultaneously went up, pulling US bond yields up sharply.
According to Kitco, new developments related to US-Iran tensions are making investors more cautious. US President Donald Trump said the progress towards a ceasefire agreement with Iran is in a "fragile" state, after Tehran rejected the proposal from Washington. In the context that the Strait of Hormuz is still not completely clear, oil prices continue to linger high, raising concerns that inflation will last longer than expected.
Ole Hansen - Head of Commodity Strategy at Saxo Bank - said that the rebound in energy prices is an important factor driving US bond yields and the USD up before the US announces CPI data. This puts pressure on gold because the precious metal does not bring yields.
The USD increased by about 0.4%, while the yield of 10-year US Treasury bonds rose to a weekly high, making gold less attractive to investors holding other currencies.
The market is currently also reducing expectations about the Fed's ability to cut interest rates soon. CME's FedWatch tool shows that traders are almost no longer betting on the Fed cutting interest rates this year, even starting to consider the possibility of raising interest rates in 2027 if inflationary pressure persists.
However, many opinions believe that gold is still supported by long-term factors. Mr. Mark Shore - Director and economist at CME Group - said that the strong increase of the precious metal group in recent times was driven by geopolitical tensions, gold buying demand from central banks and the trend of defensive cash flow movements.
According to this expert, the USD is still the factor with the greatest impact on the global commodity market. When the greenback weakens, goods often benefit because they become cheaper for international buyers. Conversely, a stronger USD will put pressure on gold prices and many other commodities.
Ole Hansen believes that gold is still fluctuating in a narrow range, with an important support zone above the 4,500 USD/ounce mark, while the resistance level is close to the 50-day moving average, equivalent to about 4,757 USD/ounce.
Gold price data is compared to the previous day.
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