SJC gold bar price
As of 6:00 AM, SJC gold bar prices were listed by DOJI at the threshold of 168.5-172 million VND/tael (buying - selling), an increase of 1 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3.5 million VND/tael.
SJC gold bar price was listed by Bao Tin Minh Chau at the threshold of 168.5-172 million VND/tael (buying - selling), an increase of 1 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3.5 million VND/tael.
Phu Quy Gold and Gems Group listed SJC gold bar prices at the threshold of 168.5-172 million VND/tael (buying - selling), an increase of 1 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3.5 million VND/tael.
9999 gold ring price
As of 6:00 AM, DOJI listed gold ring prices at the threshold of 168.5-171.5 million VND/tael (buying - selling), an increase of 1 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at the threshold of 168.5-171.5 million VND/tael (buying - selling), an increase of 1 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.
Phu Quy Gold and Gems Group listed the price of gold rings at 168.5-171.5 million VND/tael (buying - selling), an increase of 1 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.
Currently, the buying - selling price difference of gold is at a very high level, around 3 to 3.5 million VND/tael, posing a risk of losses for investors.
World gold price
At 6:00 AM, world gold prices were listed around 4,829.4 USD/ounce, down 36.8 USD compared to the previous day.
Gold price forecast
World gold prices are forecast to continue to fluctuate strongly in the short term as market sentiment is simultaneously affected by geopolitical developments, the trend of the USD and the expectations of monetary policy in the US. After a period of adjustment, many opinions believe that the precious metal is facing a chance of recovery if supporting factors return.
A Kitco News survey shows that most Wall Street experts lean towards the scenario of gold prices going up next week. Positive sentiment also appears in the group of individual investors, reflecting expectations that gold is still a safe haven and valuable accumulation channel in the context of global risks not yet completely subsided.
Mr. Marc Chandler - Managing Director of Bannockburn Global Forex - believes that gold prices are likely to increase as the market gradually returns to a more stable state.
According to this expert, buying power from central banks is still an important support, while technical signals currently do not show a broken upward trend. He also noted that the notable resistance zone for gold is around the 5,000 USD/ounce mark.
Sharing the same positive view, Mr. Adam Button - Currency Strategy Director of Forexlive. com - said that gold still has room to benefit after the market reduced concerns about energy supply disruptions and instability in the Middle East.
According to him, although tensions temporarily cool down, underlying risks are still present, which may cause many countries to continue to increase gold reserves as a safe buffer for the future. This is a factor that may support the price of precious metals in the near future.
However, the market is not lacking in cautious warnings. Some analysts believe that gold is approaching sensitive technical levels, so the possibility of fluctuation or correction can still occur if profit-taking pressure increases.
In addition, a series of US economic data to be released soon, especially consumer and employment indicators and signals from the US Federal Reserve (Fed) policy, will directly affect gold price movements.
Gold price data is compared to the previous day.
The world gold and silver market operates through two main pricing mechanisms. The first is the spot market, where the buying and selling and immediate delivery prices are listed. The second is the futures market, where prices are set for future delivery.
Due to the impact of year-end position restructuring and market liquidity, the December gold futures contract is currently the most actively traded contract on the CME exchange.
See more news related to gold prices HERE...
