SJC gold bar price
As of 6:00 a.m. on October 15, the price of SJC gold bars listed by DOJI Group was at 83 - 85 million VND/tael (buy - sell).
Compared to the beginning of the previous trading session, gold price at DOJI increased by 500,000 VND/tael for both buying and selling.
The difference between buying and selling price of SJC gold at DOJI Group is at 2 million VND/tael.
Meanwhile, Bao Tin Minh Chau listed the price of SJC gold at 83 - 85 million VND/tael (buy - sell).
Compared to the beginning of the previous trading session, gold price at Bao Tin Minh Chau increased by 500,000 VND/tael for both buying and selling.
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 15, the price of 9999 Hung Thinh Vuong round gold rings at DOJI was listed at 82.95 - 83.85 million VND/tael (buy - sell), an increase of 400,000 VND/tael in both directions compared to the beginning of the previous trading session.
Bao Tin Minh Chau listed the price of plain round rings at 82.93 - 83.83 million VND/tael, an increase of 410,000 VND/tael in both directions compared to the beginning of the previous trading session.
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 10:25 p.m. on October 14, the world gold price listed on Kitco was at 2,645 USD/ounce, down 12.1 USD/ounce.
Gold Price Forecast
World gold prices fell amid an increase in the USD index. Recorded at 22:25 on October 14, the US Dollar Index, which measures the greenback's fluctuations against six major currencies, was at 102.680 points (up 0.31%).
James Stanley, senior market strategist at Forex, said investors took profits after US economic reports such as CPI and USD rose sharply. The selling move of investors may not be over yet. Gold prices are testing resistance levels.
Economic events this week that could impact gold prices include US retail sales data and the European Central Bank's monetary policy decision on Thursday.
Markets also focused on the Empire State manufacturing survey, weekly jobless claims, housing starts and US building permits.
Traders and investors are also keeping an eye on the Chinese market, which is expected to announce a $283 billion government bond-based economic stimulus package.
The key outside markets today saw Nymex crude oil prices lower, trading around $73.75 a barrel. OPEC just cut its global oil demand outlook. The benchmark 10-year US Treasury yield is currently at 4.10%.
Technically, December gold bulls have the solid overall near-term technical advantage. The bulls’ next upside price objective is to produce a close above $2,708.70 an ounce. The bears’ next near-term downside price objective is to push December gold futures to $2,600 an ounce.
See more news related to gold prices HERE...
