SJC gold bar price
As of 6:00 AM, SJC gold bar prices were listed by DOJI Group at the threshold of 171.9-174.9 million VND/tael (buying - selling), an increase of 1.1 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 171.7-174.9 million VND/tael (buying - selling), an increase of 1 million VND/tael on the buying side and an increase of 1.1 million VND/tael on the selling side. The difference between buying and selling prices is at the threshold of 3.2 million VND/tael.
Phu Quy Jewelry Group listed SJC gold bar prices at 171.7-174.7 million VND/tael (buying - selling), an increase of 900,000 VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.
9999 gold ring price
As of 6:00 AM, DOJI Group listed the price of gold rings at 171.9-174.9 million VND/tael (buying - selling), an increase of 1.1 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at 171-174 million VND/tael (buying - selling), an increase of 700,000 VND/tael in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.
Phu Quy Jewelry Group listed the price of gold rings at the threshold of 171.7-174.7 million VND/tael (buying - selling), an increase of 900,000 VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.
Currently, 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 0:30 AM, world gold prices were listed around the threshold of 4,647.5 USD/ounce, up sharply by 113.5 USD.
Gold price forecast
Gold and silver prices rose sharply as traders and investors boosted purchases of safe-haven assets in the early days of the week. The main driver came from the conflict in the Middle East, which has not shown signs of easing.
Besides geopolitical factors, the precious metals market is also supported by a series of signals from external markets. World government bond prices went down, crude oil prices rose and the USD index weakened, creating more momentum for gold and silver.
According to analysts, gold has just gone through the last trading session of the month and quarter, so it is of particular importance from a technical analysis perspective. Price movements in this session may significantly affect market sentiment as well as trading trends in the coming time.
Technically, buyers on the April gold futures market are aiming for the next goal of bringing the closing price above the strong resistance level of 4,750 USD/ounce. In the opposite direction, sellers want to pull the price down below the important technical support zone, which is the March bottom, at 4,100 USD/ounce.
Close resistance levels for gold are currently at 4,700 USD and 4,750 USD/ounce. Meanwhile, near support zones are identified at 4,500 USD and the week's lowest level is 4,444.7 USD/ounce.
With the silver futures contract for May, buyers are aiming to bring the closing price above the strong resistance level of 80 USD/ounce. Meanwhile, sellers want to push the price below the important support zone, which is the March bottom at 61.21 USD/ounce.
The nearest resistance levels for silver are currently 74.80 USD and 75 USD/ounce. On the support side, the levels to be monitored are 70 USD and the bottom of this week is at 67.70 USD/ounce.
In outside markets, Nymex WTI crude oil prices rose sharply, trading around the 105 USD/barrel mark. The USD index fell during the day, while the yield on 10-year US Treasury bonds is currently around 4.3%.
Gold price data is compared to the previous day.
The world gold market operates through two main pricing mechanisms. The first is the spot market, where prices are listed for buying and selling and immediate delivery. The second is the futures market, where prices are determined for future delivery.
Due to year-end positioning and market liquidity, the December gold futures contract is currently the most actively traded type on the CME exchange.
See more news related to gold prices HERE...
