SJC gold bar price
As of 6:00 a.m. on November 17, the price of SJC gold bars listed by DOJI Group was at 80-83.5 million VND/tael (buy - sell).
Compared to the beginning of the previous trading session, gold prices at DOJI remained unchanged in both buying and selling directions.
The difference between buying and selling price of SJC gold at DOJI Group is at 3.5 million VND/tael.
Meanwhile, Saigon Jewelry Company listed the price of SJC gold at 80-83.5 million VND/tael (buy - sell).
Compared to the beginning of the previous trading session, the gold price at Saigon Jewelry Company SJC remained unchanged in both buying and selling directions.
The difference between buying and selling price of SJC gold at Saigon Jewelry Company is at 3.5 million VND/tael.
Bao Tin Minh Chau listed SJC gold price at 80.3-83.5 million VND/tael (buy - sell).
Compared to the beginning of the previous trading session, gold prices at Bao Tin Minh Chau remained unchanged in both buying and selling directions.
The difference between buying and selling price of SJC gold at Bao Tin Minh Chau is at 3.2 million VND/tael.
Currently, the difference between the buying and selling price of gold is listed at around 3.5 million VND/tael. Experts say that this difference is very high, causing investors to face the risk of losing money when investing in the short term.
9999 gold ring price
As of 6:00 a.m. on November 17, the price of 9999 Hung Thinh Vuong round gold rings at DOJI was listed at 81-82.7 million VND/tael (buy - sell), unchanged in both selling directions compared to the beginning of the previous trading session.
Bao Tin Minh Chau listed the price of gold rings at 81.03-82.68 million VND/tael (buy - sell); increased 250,000 VND/tael for buying and kept the same for selling.
In recent sessions, the price of gold rings has often fluctuated in the same direction as the world market. Domestic investors can refer to the world gold price before investing or taking profits.
World gold price
As of 6:00 a.m. on November 17 (Vietnam time), the world gold price listed on Kitco recovered to 2,563.2 USD/ounce, a slight increase of 1 USD/ounce compared to the beginning of the previous trading session.
Gold Price Forecast
World gold prices remained unchanged as the USD index did not change much. Recorded at 6:00 a.m. on November 17, the US Dollar Index, which measures the greenback's fluctuations against six major currencies, was at 106.620 points (up 0.02%).
According to Kitco, world gold prices continued to decline this week. The precious metal was pressured by a strong combination of euphoria after the US presidential election, new tough moves by the US Federal Reserve (FED), a strong USD and a relatively quiet geopolitical environment.
The latest Kitco News weekly gold survey shows strong bearish sentiment among industry experts, while traders are also increasingly concerned about the precious metal’s near-term outlook.
This week, 12 analysts participated in the Kitco News gold survey. Once again, only a handful of experts see gold’s near-term potential. Only three experts see gold prices rising next week. Six analysts predict further declines in the precious metal. The remaining three analysts see gold prices remaining flat.
Meanwhile, 181 votes were cast in Kitco’s online poll. While the number of investors who forecast positive prices remains high, the percentage is down significantly from previous weeks.
Seventy-eight retail traders expect gold prices to rise next week, while 71 expect the precious metal to fall. The remaining 32 investors see gold moving sideways in the coming week.
See more news related to gold prices HERE...
