SJC gold bar price
Gold ring price 9999
As of 6:00 a.m., the price of 9999 Hung Thinh Vuong round gold ring at DOJI was listed at 76.10-77.35 million VND/tael (buy - sell); Reduced 400,000 VND/tael of afternoon tea purchased and reduced 350,000 VND/tael of afternoon tea sold.
Saigon Jewelry Company lists gold ring prices at 75.8-77.2 million VND/tael (buy - sell); Reduced 300,000 VND/tael for both buying and selling.
Bao Tin Minh Chau listed the gold ring price at 76.08-77.38 million VND/tael (buy - sell); Reduced 200,000 VND/tael for both buying and selling.
In recent sessions, gold ring prices often fluctuate in the same direction as the world market. Investors can refer to world markets and expert opinions before making investment decisions.
World gold price
As of 10:00 p.m. on July 19, the world gold price listed on Kitco was at 2,397 USD/ounce, down 46.8 USD/ounce compared to yesterday morning.
Gold price forecast
World gold prices decreased in the context of a high USD index. Recorded at 10:00 p.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%).
According to Kitco, world gold prices dropped sharply due to profit taking and weak long-term liquidation. Short-term futures traders booked strong profits, after prices hit a record high earlier this week.
Some analysts blame the gold sell-off partly on concerns that China's economy could weaken in the coming months, which could reduce demand for raw commodities, including metal.
There are no major US economic reports released on Friday. Key outside markets today see the US dollar index a bit firmer. Nymex crude oil prices decreased slightly and traded around 82.50 USD/barrel. The yield on the benchmark 10-year US Treasury note is currently 4.198%.
