Gold price update on the morning of December 19: Soaring before US economic data

Khương Duy |

Gold price update on the morning of December 19: All increased. World gold last night at one point reached 4,400 USD/ounce.

SJC gold bar price

As of 6:00 a.m., DOJI Group listed the price of SJC gold bars at VND154.4-156.4 million/tael (buy in - sell out), an increase of VND200,000/tael in both directions. The difference between buying and selling prices is at 2 million VND/tael.

The price of SJC gold bars was listed by Bao Tin Minh Chau at 154.4-156.4 million VND/tael (buy - sell), an increase of 200,000 VND/tael in both directions. The difference between buying and selling prices is at 2 million VND/tael.

Dien bien gia vang SJC nhung phien giao dich gan day. Bieu do: Khuong Duy
SJC gold price developments in recent trading sessions. Chart: Khuong Duy

Phu Quy Jewelry Group listed the price of SJC gold bars at 153.4-156.4 million VND/tael (buy - sell), an increase of 200,000 VND/tael in both directions. The difference between buying and selling prices is at 3 million VND/tael.

Gia vang mieng SJC tai mot so don vi kinh doanh. Bang: Khuong Duy
SJC gold bar price at some trading units. Table: Khuong Duy

9999 gold ring price

As of 6:00 a.m., DOJI Group listed the price of gold rings at 151-154 million VND/tael (buy in - sell out), unchanged in both directions. The difference between buying and selling is 3 million VND/tael.

Bao Tin Minh Chau listed the price of gold rings at 152.2-155.2 million VND/tael (buy in - sell out), unchanged in both directions. The difference between buying and selling is 3 million VND/tael.

Dien bien gia vang nhan nhung phien giao dich gan day. Bieu do: Khuong Duy
Gold ring price developments in recent trading sessions. Chart: Khuong Duy

Phu Quy Gold and Stone Group listed the price of gold rings at 151.4-154.4 million VND/tael (buy - sell), an increase of 100,000 VND/tael in both directions. The difference between buying and selling is 3 million VND/tael.

The high buying and selling distance increases the risk for individual investors. Personal investors, especially those with a "surfing" mentality, need to consider carefully before putting money down.

Gia vang nhan tron tai mot so don vi kinh doanh. Bang: Khuong Duy
Plain gold ring price at some business units. Table: Khuong Duy

World gold price

The world gold price was listed at 2:45 a.m., at 4,331.6 USD/ounce, up 3.8 USD compared to a day ago.

Dien bien gia vang the gioi nhung phien giao dich gan day. Bieu do: Khuong Duy
World gold price developments in recent trading sessions. Chart: Khuong Duy

Gold price forecast

World gold prices have many times erased the previous decline and soared to a two-month high, after the US inflation report released today showed a much lower increase than expected.

Meanwhile, silver prices fell, but recovered from the previous sharp decline, due to the technical profit-taking of short-term futures traders, after silver prices just hit a record high on Wednesday.

There was a time when February gold increased by 28.2 USD, to 4,400 USD/ounce.

March delivery fell $0.641 to $66.25 an ounce.

The US consumer price index (CPI) in December 2025 increased by 2.7% over the same period last year, the lowest level since July, lower than the forecast of 3.1% and also lower than the increase of 3.0 recorded in September.

Meanwhile, core inflation (excluding food and energy) rose 2.6%, the lowest since March 2021, significantly lower than the forecast of 3.0%.

The US Bureau of Labor Statistics (BLS) said it could not collect data for the month of October 2025 due to the US government's shutdown, so it lacked October data and did not release CPI data for the month of November. However, the BLS said the CPI rose 0.2% in the two months from September to November.

This CPI report supports the "puppet" view on US monetary policy, who are calling on the US Federal Reserve (Fed) to continue cutting interest rates. This development is considered a positive for the precious metal and a disadvantage for the USD.

Technically, buyers in the February gold futures market are holding a clear advantage. The next bullish target for the buying force is to get the closing price above the strong resistance zone at a record peak of 4,433 USD/ounce.

On the other hand, the short-term bearish target for the bears is to push gold prices below the important technical support zone at $4,200/ounce.

In the short term, the most recent resistance level for gold prices was determined at 4,433 USD/ounce, then 4,450 USD/ounce. On the support side, the first support level was at the bottom in today's session at 4,338 USD/ounce, followed by the bottom of the week at 4,297.4 USD/ounce.

In outside markets, the USD Index decreased slightly. Crude oil prices increased and are trading around 56.50 USD/barrel. The yield on the 10-year US Treasury note is currently at 4.116% and fell after the lower-than-expected CPI data was released.

Note: Gold price data is compared to a day earlier.

The world gold market operates through two main valuation mechanisms. The first is the spot delivery market, where prices are quoted for transactions and spot deliveries.

Second is the futures contract market, which sets prices for future deliveries. Due to year-end book-taking activities, December gold contracts are currently the most actively traded on CME.

See more news related to gold prices HERE...

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