SJC gold bar price
Gold ring price 9999
As of 6:00 a.m., the price of 9999 Hung Thinh Vuong plain round gold ring at DOJI was listed at 76.50-77.70 million VND/tael (buy - sell); increase 50,000 VND/quantity of purchase price and keep the sale price unchanged.
Saigon Jewelry Company lists gold ring prices at 76.2-77.5 million VND/tael (buy - sell); increased by 220,000 VND/tael of purchased afternoon tea and increased by 720,000 VND/tael of sold afternoon tea.
Bao Tin Minh Chau listed the gold ring price at 76.28-77.58 million VND/tael (buy - sell); increased by 50,000 VND/tael for both buying and selling directions.
World gold price
As of 3:30 a.m. on July 19, the world gold price listed on Kitco was at 2,443.8 USD/ounce, down 20.3 USD/ounce compared to yesterday morning.
Gold price forecast
World gold prices decreased in the context of a high USD index. Recorded at 3:30 a.m. on July 19, the US Dollar Index measuring the fluctuation of the greenback with 6 major currencies was at 103,910 points (up 0.45%).
Although gold prices have dropped, many experts are still maintaining quite optimistic comments about the precious metal's future.
In an interview with Kitco News, Thorsten Polleit - Professor Emeritus of Economics at Bayreuth University said that the possibility of former US President Donald Trump regaining his position in the White House has increased significantly after the assassination attempt. close to last week. This expert believes that the above information will continue to support gold prices.
Sharing the same opinion, Arslan Ali - currency and commodity analyst at FX Empire, the US Federal Reserve (FED) is expected to cut interest rates in September and the support of the presidential candidate US Donald Trump's interest rate cuts and tariffs are combining to boost demand for gold.
Meanwhile, senior market analyst Jim Wyckoff of Kitco Metals said there is growing opinion that the Fed will cut interest rates this fall, as the market now sees the possibility 100% FED will cut interest rates at its meeting in September.
In the domestic market, in recent sessions, gold ring prices often fluctuate in the same direction as the world market. Looking at the world gold price fluctuations early this morning, gold rings face the risk of decline.
