Update SJC gold price
As of 6:00 a.m., the price of SJC gold bars was listed by DOJI Group at 82.7-85.7 million VND/tael (buy - sell).
Compared to the beginning of the previous trading session, gold price at DOJI increased by 700,000 VND/tael for both buying and selling.
The difference between buying and selling prices of SJC gold at DOJI Group is at 3 million VND/tael.
Meanwhile, Saigon Jewelry Company listed the price of SJC gold at 82.7-85.7 million VND/tael (buy - sell).
Compared to the beginning of the previous trading session, the gold price at Saigon Jewelry Company SJC increased by 700,000 VND/tael for both buying and selling.
The difference between buying and selling price of SJC gold at Saigon Jewelry Company is at 3 million VND/tael.
Bao Tin Minh Chau listed SJC gold price at 83.2-85.7 million VND/tael (buy - sell).
Compared to the beginning of the previous trading session, gold price at Bao Tin Minh Chau increased by 200,000 VND/tael for buying and increased by 700,000 VND/tael for selling.
The difference between buying and selling price of SJC gold at Bao Tin Minh Chau is at 2.8 million VND/tael.
Currently, the difference between the buying and selling price of gold is listed at around 3 million VND/tael. Experts say that this difference is very high, causing investors to face the risk of losing money when investing in the short term.
Price of round gold ring 9999
As of 6:00 a.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 84.3-85.3 million VND/tael (buy - sell), an increase of 500,000 VND/tael for both buying and selling compared to the beginning of the previous trading session.
Bao Tin Minh Chau listed the price of gold rings at 84.33-85.28 million VND/tael (buy - sell); increased by 450,000 VND/tael for buying and increased by 500,000 VND/tael for selling.
World gold price
As of 9:30 p.m. on November 20 (Vietnam time), the world gold price listed on Kitco recovered to 2,639.2 USD/ounce, up 15.5 USD/ounce compared to the beginning of the previous trading session.
Gold Price Forecast
World gold prices are under pressure as the USD index increases. Recorded at 9:30 p.m. on November 20, the US Dollar Index, which measures the greenback's fluctuations against six major currencies, was at 106.609 points (up 0.44%).
According to Kitco - last night, world gold prices tended to decrease slightly after Russian Foreign Minister Sergei Lavrov declared that Russia will "do everything possible" to avoid nuclear war.
US traders are awaiting the biggest earnings report of the quarter from Nvidia - the chipmaker that is the world's largest company.
“It’s hard to overstate how big Nvidia’s third-quarter earnings are for the near-term direction of the stock market,” Bloomberg said.
Nvidia has a market value of $3.6 trillion after its shares tripled this year and is the embodiment of investors' dreams of wealth tied to the rise of artificial intelligence.
In a news release last night, the People's Bank of China kept its one-year and five-year prime lending rates unchanged, as expected.
The key outside markets today saw Nymex crude futures firmer, trading around $69.75 a barrel. The DowJones Newswires headline today read: “Oil prices rise as escalating Russia-Ukraine tensions stoke supply concerns.”
Meanwhile, the yield on the benchmark 10-year US Treasury note is currently 4.418%.
Technically, December gold shorts have the overall near-term technical advantage. However, the bearish trend on the daily bar chart is now under threat.
See more news related to gold prices HERE...
