Update SJC gold price
As of 6:00 a.m., the price of SJC gold bars was listed by DOJI Group at 83.7-86.2 million VND/tael (buy - sell).
Compared to the beginning of the previous trading session, gold price at DOJI increased by 1 million VND/tael for buying and increased by 500,000 VND/tael for selling.
The difference between buying and selling price of SJC gold at DOJI Group is at 2.5 million VND/tael.
Meanwhile, Saigon Jewelry Company listed the price of SJC gold at 83.7-86.2 million VND/tael (buy - sell).
Compared to the beginning of the previous trading session, the gold price at Saigon Jewelry Company SJC increased by 1 million VND/tael for buying and increased by 500,000 VND/tael for selling.
The difference between buying and selling price of SJC gold at Saigon Jewelry Company is at 2.5 million VND/tael.
Bao Tin Minh Chau listed SJC gold price at 84-86.2 million VND/tael (buy - sell), unchanged.
Compared to the beginning of the previous trading session, gold price at Bao Tin Minh Chau increased by 1 million VND/tael for buying and increased by 1.2 million VND/tael for selling.
The difference between buying and selling price of SJC gold at Bao Tin Minh Chau is at 2.2 million VND/tael.
Currently, the difference between buying and selling gold prices is listed at around 2.2-2.5 million VND/tael. Although it has decreased compared to the previous trading session, this difference is still very high.
This price difference is a factor that investors need to consider when participating in the gold market. It directly affects the ability to make profits, especially in the short term.
9999 round gold ring price
As of 6:00 a.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 84.8-85.8 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 84.83-85.78 million VND/tael (buy - sell); increased by 500,000 VND/tael for both buying and selling.
World gold price
As of 8:15 p.m. on November 21 (Vietnam time), the world gold price listed on Kitco recovered to 2,668.3 USD/ounce, up 29.1 USD/ounce compared to the beginning of the previous trading session.
Gold Price Forecast
World gold prices increased as the USD index decreased. Recorded at 22:20 on November 20, the US Dollar Index, which measures the greenback's fluctuations against 6 major currencies, was at 106.477 points (down 0.14%).
Gold prices rose as safe-haven demand for the precious metal increased.
The escalation of Russia-Ukraine tensions and the subsequent concerns about a wider conflict in the region involving threats of nuclear weapons use are pushing gold prices higher, said Kyle Rodda, a financial markets analyst at Capital.com.
Gold’s current trajectory suggests that geopolitical tensions and economic uncertainty will likely continue to dominate investment strategies in the near term, with the precious metal remaining an important hedge against geopolitical risks.
The major outside markets today saw Nymex crude oil futures higher and trading around $70.25 a barrel. Meanwhile, the benchmark 10-year US Treasury yield is currently at 4.4%.
The bearish trend on the daily bar chart has been reversed. The bulls’ next upside price objective is to create a close above $2,700/oz. The bears’ next near-term downside price objective is to push futures below $2,600/oz.
See more news related to gold prices HERE...
