SJC gold bar price
As of 6:00 AM, SJC gold bar prices were listed by DOJI Group at the threshold of 181.8-184.8 million VND/tael (buying - selling), down 1.5 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 181.8-184.8 million VND/tael (buying - selling), down 1.7 million VND/tael on the buying side and down 1.5 million VND/tael on the selling side. 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 181.8-184.8 million VND/tael (buying - selling), down 1.7 million VND/tael on the buying side and down 1.5 million VND/tael on the selling side. 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 181.8-184.8 million VND/tael (buying - selling), down 1.5 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 181.8-184.8 million VND/tael (buying - selling), down 1.5 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.
Phu Quy Gold and Gems Group listed the price of gold rings at 181.5-184.5 million VND/tael (buying - selling), down 1.6 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 million VND/tael, posing a risk of losses for investors.
World gold price
At 5:00 AM, world gold prices were listed around the threshold of 5,017.7 USD/ounce. Compared to the previous day, world gold prices decreased by 74.3 USD.
Gold price forecast
The world gold market is being heavily affected by macroeconomic and geopolitical factors. In the recent trading session, precious metal prices weakened as investors awaited a series of important US economic data, especially the PCE inflation report - an inflation measure closely monitored by the US Federal Reserve (FED).
According to analysts' forecasts, the personal consumer price index (PCE) in January may increase by about 0.3% compared to the previous month and nearly 3% compared to the same period last year. If inflation data remains high, the FED is likely to continue to maintain a cautious monetary policy, thereby creating short-term pressure on gold prices.
Besides economic factors, geopolitical tensions in the Middle East are also increasing volatility in the financial markets. Conflicts in this region are causing energy prices to rise sharply, leading to concerns that global inflation may continue to escalate in the near future.
Some experts believe that the current economic environment is showing signs of the risk of "inflation stagnation" - a situation where growth is slow but inflation is still high. The newly released report shows that the US economy in the fourth quarter only grew by about 0.7%, significantly lower than previously estimated.
According to market analysts, the inflation scenario is often seen as a strong supporting factor for gold. When inflation increases while economic growth weakens, the demand for safe-haven assets such as gold tends to increase.
Ms. Laks Ganapathi - Managing Director of Unicus Research - said that confidence in the global credit market is weakening in the context of prolonged inflation and high public debt. According to her, these risks could create a prolonged period of inFLATION in the next few years, thereby maintaining the role of gold as a risk hedging asset.
Meanwhile, Jeffrey Roach - chief economist of LPL Financial - said that fundamental inflationary pressure is still latent and may continue to increase in upcoming reports, partly due to the impact of geopolitical conflicts and energy market volatility. According to him, the FED is likely to emphasize the uncertainty of economic prospects before making policy adjustments.
In the short term, gold prices may continue to fluctuate strongly as the market re-evaluates interest rate prospects and global economic developments. However, many experts believe that the long-term outlook for the precious metal is still supported by shelter demand and expectations of reduced real yields in the future.
Gold price data is compared to the previous day.
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