SJC gold bar price
As of 6:00 AM, SJC gold bar prices were listed by DOJI Group at the threshold of 168-171 million VND/tael (buying - selling), down 5.1 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.
SJC gold bar prices were listed by Bao Tin Minh Chau at the threshold of 168-171 million VND/tael (buying - selling), down 5.1 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.
Phu Quy Jewelry Group listed SJC gold bar prices at 168-171 million VND/tael (buying - selling), down 5.1 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.
9999 gold ring price
As of 6:00 AM, DOJI Group listed the price of gold rings at the threshold of 168.1-171.1 million VND/tael (buying - selling), down 6 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at the threshold of 169.1-172.1 million VND/tael (buying - selling), down 4 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.
Phu Quy Gold and Gems Group listed gold ring prices at the threshold of 168-171 million VND/tael (buying - selling), down 5.1 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.
Currently, the buying - selling price difference of gold is at a very high level, around 3 million VND/tael, posing a risk of losses for investors.
World gold price
At 6:00 AM, world gold prices were listed around the threshold of 4,490.2 USD/ounce, down 94.3 USD.
Gold price forecast
World gold prices are undergoing a period of strong correction after a long streak of increases, in the context of pressure from rising interest rates, stronger USD and increased profit-taking sentiment in the market.
The latest survey shows that a cautious trend is prevailing. Most Wall Street experts predict that gold prices may continue to face downward pressure in the short term, as supporting factors such as expectations of monetary easing are weakening. However, many opinions also suggest that this may just be a temporary correction.
Mr. Adrian Day - Chairman of Adrian Day Asset Management said that gold prices may continue to fall in the short term due to market sentiment shifting to negative and central banks being more cautious about interest rate cuts. However, he emphasized that the fundamental factors supporting gold have not changed, especially the risk of economic recession and the possibility of monetary policy easing in the future.
Sharing the same view, Mr. Adam Button - currency strategist at Forexlive said that geopolitical fluctuations and instability in the global order are still core factors supporting gold in the long term. According to him, when tensions subside, cash flow may return to the precious metals market.
From a technical perspective, many experts warn that if gold prices break through important support levels, this precious metal may retreat to a lower level in the short term. However, the possibility of recovery is still highly appreciated as safe-haven demand returns, especially in the context of existing economic and geopolitical risks.
Domestically, SJC gold and gold rings prices fluctuate strongly in the same direction as the world, while the buying - selling difference remains high, increasing risks for individual investors. Investors need to be cautious, avoid chasing purchases during a period of strong fluctuations, and closely monitor the developments of monetary policy and international situation.
Gold price data is compared to the previous day.
See more news related to gold prices HERE...
