Update SJC gold price
As of 6:00 a.m., the price of SJC gold bars was listed by Saigon Jewelry Company at VND85.3-87.3 million/tael (buy - sell); an increase of VND300,000/tael for both buying and selling.
The difference between buying and selling price of SJC gold at Saigon Jewelry Company is at 2 million VND/tael.
Meanwhile, DOJI Group listed the price of SJC gold at 85.3-87.3 million VND/tael (buy - sell); an increase of 300,000 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.
Bao Tin Minh Chau listed SJC gold price at 85.3-87.3 million VND/tael (buy - sell); increased 300,000 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.
Price of round gold ring 9999
As of 6:00 a.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 85.2-86.7 million VND/tael (buy - sell); an increase of 200,000 VND/tael for both buying and selling compared to the beginning of the trading session this morning.
Bao Tin Minh Chau listed the price of gold rings at 85.55-87.25 million VND/tael (buy - sell), an increase of 100,000 VND/tael for buying and 300,000 VND/tael for selling compared to early this morning.
World gold price
As of 3:15 a.m. on January 18, the world gold price listed on Kitco was at 2,720 USD/ounce, down 17.9 USD/ounce compared to the same time of the previous session.
Gold Price Forecast
World gold prices fell amid an increase in the USD index. Recorded at 3:15 a.m. on January 18, the US Dollar Index, which measures the greenback's fluctuations against six major currencies, was at 109.225 points (up 0.37%).
Gold prices fell as investors took profits after a recent rally, pushing the precious metal to a four-week high on Thursday.
Asian and European stock markets edged higher overnight, while US indexes are expected to open higher at the start of the New York session. US indexes have rallied this week on the back of benign inflation reports released earlier in the week.
Meanwhile, Britain's FTSE 100 index hit a new record high on Friday. Indexes such as Germany's DAX and the Euro Stoxx 50 also hit intraday highs today.
China’s economy grows 5% in 2024, boosted by a strong fourth-quarter performance, with the latter part of the year seeing government stimulus and early overseas shipments to avoid potential US tariffs.
The USD index rose slightly today. The price of crude oil on the Nymex floor also increased slightly, trading around 78.75 USD/barrel. The interest rate on 10-year US Treasury bonds is currently at 4.584%.
Economic reports are scheduled to include new home output, Treasury international capital investment data, and industrial production and capacity utilization.
On the daily chart, gold futures for February delivery are trending up, giving the short-term technical advantage to the bulls.
See more news related to gold prices HERE...
