Updated SJC gold price
As of 6:00 a.m., the price of SJC gold bars was listed by Saigon Jewelry Company at VND90-92.3 million/tael (buy in - sell out), an increase of VND400,000/tael for both buying and selling.
The difference between the buying and selling prices of SJC gold at Saigon Jewelry Company SJC is at 2.3 million VND/tael.
Meanwhile, Bao Tin Minh Chau listed the price of SJC gold bars at 90.1-92.3 million VND/tael (buy - sell), an increase of 500,000 VND/tael for buying and an increase of 400,000 VND/tael for selling. The difference between the buying and selling prices of SJC gold was listed by Bao Tin Minh Chau at 2.2 million VND/tael.
DOJI Group listed the price of SJC gold bars at VND90-92.3 million/tael (buy - sell), an increase of VND400,000/tael for both buying and selling. The difference between the buying and selling prices of SJC gold was listed by DOJI at 2.3 million VND/tael.
9999 round gold ring price
As of 6:00 a.m. today, the price of Hung Thinh Vuong 9999 round gold rings at DOJI was listed at 90.6-92.3 million VND/tael (buy - sell); increased by 500,000 VND/tael for buying and increased by 400,000 VND/tael for selling. The difference between buying and selling is listed at 1.7 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at 90.6-92.4 million VND/tael (buy - sell); increased by 450,000 VND/tael for buying and increased by 400,000 VND/tael for selling. The difference between buying and selling is 1.8 million VND/tael.
World gold price
As of 1:30 a.m. on February 21, the world gold price listed on Kitco was at 2,940.7 USD/ounce, up 12.8 USD/ounce compared to early this morning.
Gold price forecast
World gold prices increased in the context of the USD decreasing. Recorded at 1:30 a.m. on February 21, the US Dollar Index measuring the fluctuations of the greenback against 6 major currencies was at 106.320 points (down 0.69%).
Gold and silver prices continued to increase in yesterday's trading session. Last night, gold prices hit an all-time high and are now approaching $3,000 an ounce. Gold prices for April delivery increased by 21.1 USD, to 2,956.9 USD/ounce. March silver price increased by 0.387 USD, reaching 33.435 USD/ounce.
According to Kitco - this increase is supported by safe-haven demand and purchases according to technical analysis.
Financial markets became more concerned on Thursday due to concerns about new tariffs from the US and rising tensions between the US and Europe. In addition, the strained relationship between US President Donald Trump and Ukrainian President Volodymyr Zelenskiy has also made the market uncertain, especially with signs that Donald Trump may be leaning towards Russian President Vladimir Putin in negotiations on the Russia-Ukraine war.
Gold prices for delivery in April maintained a strong upward trend, with the main drivers coming from safe-haven demand and speculative cash flow. Currently, the important resistance level is determined at 2,973.4 USD/ounce - the highest level that has just been set, followed by 2,985 USD/ounce. If gold breaks above $3,000 an ounce, the rally could continue.
On the other hand, the most recent support level was $2,933.7/ounce - the low of Wednesday's trading session, before falling to $2,900/ounce. If prices fall below $2,850/ounce, selling pressure could increase, pushing the market into a deeper correction.
Overseas markets saw Nymex crude oil futures increase, trading around $73.25/barrel. The yield on the 10-year US Treasury note is currently around 4.52%.
Note: The article data compares with the same time of the previous trading session.
See more news related to gold prices HERE...
