Gold price update morning of January 19: All decreased

Khương Duy (Theo Kitco) |

Gold price update on the morning of January 19: Compared to early yesterday morning, SJC gold price decreased by 400,000 VND/tael, 9999 gold ring decreased by 700,000 VND/tael.

Update SJC gold price

As of 6:00 a.m., the price of SJC gold bars was listed by Saigon Jewelry Company at VND84.9-86.9 million/tael (buy - sell); down VND400,000/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.

Cap nhat gia vang SJC.
Update SJC gold price.
Dien bien gia vang mieng SJC nhung phien gan day. Bieu do: Khuong Duy
Price movements of SJC gold bars in recent sessions. Chart: Khuong Duy

Meanwhile, DOJI Group listed the price of SJC gold at 84.9-86.9 million VND/tael (buy - sell); down 400,000 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 84.9-86.9 million VND/tael (buy - sell); down 400,000 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 round gold ring price

As of 6:00 a.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 84.6-86.2 million VND/tael (buy - sell); down 700,000 VND/tael for buying and down 600,000 VND/tael compared to the beginning of the trading session yesterday morning.

Dien bien gia vang nhan tron tron 9999 thoi gian gan day. Bieu do: Khuong Duy
Recent price developments of 9999 smooth round gold rings. Chart: Khuong Duy

Bao Tin Minh Chau listed the price of gold rings at 84.9-86.85 million VND/tael (buy - sell), down 650,000 VND/tael for buying and down 400,000 VND/tael for selling compared to early this morning.

World gold price

As of 2:00 a.m. on January 19, the world gold price listed on Kitco was at 2,703.1 USD/ounce, down 16.9 USD/ounce compared to the same time of the previous session.

Dien bien gia vang the gioi. Nguon: Kitco
World gold price developments. Source: Kitco

Gold Price Forecast

World gold prices fell amid an increase in the USD index. Recorded at 2:00 a.m. on January 19, the US Dollar Index, which measures the greenback's fluctuations against six major currencies, was at 109,200 points (up 0.35%).

The latest Kitco News weekly gold survey shows strong bullish sentiment from industry experts and retail traders ahead of Donald Trump’s second inauguration.

This week, 11 analysts took part in Kitco News' gold survey, with nearly two-thirds of participants predicting gold prices will rise in the coming days.

Seven experts (64%) expect gold prices to rise next week. Two analysts (18%) predict the precious metal will fall. The remaining two choose to stay on the sidelines until the situation becomes clearer.

Chuyen gia va nha dau tu du bao gia vang tuan toi. Nguon: Kitco
Experts and investors predict gold prices next week. Source: Kitco

Meanwhile, Kitco's online poll drew 156 votes, with retail investors slightly more bullish than experts.

105 retail traders, or 64 percent, expect gold prices to rise next week. Thirty-four, or 22 percent, expect the precious metal to fall. The remaining 17 investors, or 11 percent, expect gold prices to move sideways in the short term.

The economic calendar is relatively light next week, but a key political event will capture market attention: President-elect Donald Trump's inauguration for a second term on Monday. Traders are awaiting more information on the scope and details of his proposed tariff policies.

Thursday will see the US weekly jobless claims report, and Friday's S&P Flash PMI data and US existing home sales will round out the calendar.

See more news related to gold prices HERE...

Khương Duy (Theo Kitco)
TIN LIÊN QUAN

Update on the closing price of gold on January 18: Lost the 87 million VND mark

|

Updated gold price closing session 17.1: All prices decreased. Domestic gold lost the mark of 87 million VND/tael.

Gold price today January 18: Gold rings decreased by 700,000 VND/tael

|

Gold prices today, January 18, fell sharply across the board. Plain gold ring prices fell by 700,000 VND/tael.

Gold price update morning of January 18: Declining due to profit-taking pressure

|

Gold price update on the morning of January 18: World gold prices turned to decline due to profit-taking pressure from investors.

Creating virtual real estate fever will be targeted by the Ministry of Public Security

|

The Government assigned the Ministry of Public Security to investigate and handle violations in land auctions; providing false information to create virtual fever and defraud people for personal gain.

A male security guard was found dead at school

|

Nghe An - Teachers were surprised to discover that a male security guard had died in the school's guard room.

Multiple accidents on National Highway 1A, 1 dead, many injured

|

Khanh Hoa - 3 vehicles caused a series of accidents on National Highway 1A, leaving 1 person dead and many injured.

Discipline and expulsion from the Party of cadres in Hoa Binh and Dak Nong

|

Expelling from the Party the former Director of the State Bank in Hoa Binh; Dak Nong disciplining many officials... are the information about disciplining officials last week (January 13-18).

Tran Thanh explains the reason for inviting Negav and Quan A.P to act in Tet movies

|

Tran Thanh revealed to Lao Dong Newspaper reporter about inviting the Say Hi Brothers to the Tet movie "The Four Guardians".

Update on the closing price of gold on January 18: Lost the 87 million VND mark

Khương Duy |

Updated gold price closing session 17.1: All prices decreased. Domestic gold lost the mark of 87 million VND/tael.

Gold price today January 18: Gold rings decreased by 700,000 VND/tael

Khương Duy (Theo Kitco, CNBC) |

Gold prices today, January 18, fell sharply across the board. Plain gold ring prices fell by 700,000 VND/tael.

Gold price update morning of January 18: Declining due to profit-taking pressure

Khương Duy (Theo Kitco) |

Gold price update on the morning of January 18: World gold prices turned to decline due to profit-taking pressure from investors.