SJC gold bar price
Gold ring price 9999
As of 6:00 a.m., the price of 9999 Hung Thinh Vuong plain round gold ring at DOJI was listed at 77.15-78.35 million VND/tael (buy - sell); an increase of 100,000 VND/tael in buying direction and an increase of 50,000 VND/tael compared to the closing session of the previous session.
Saigon Jewelry Company lists gold ring prices at 77.1 - 78.4 million VND/tael (buy - sell); an increase of 50,000 VND/tael in both buying and selling directions compared to the closing session of the previous session.
Bao Tin Minh Chau listed the gold ring price at 77.08-78.38 million VND/tael (buy - sell); an increase of 120,000 VND/tael of purchased afternoon tea and an increase of 100,000 VND/tael of sold afternoon afternoon tea compared to the closing session of the previous session.
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 0:00 on August 22, the world gold price listed on Kitco was at 2,506.5 USD/ounce, down 7.7 USD/ounce compared to early yesterday morning.
Gold price forecast
World gold prices recovered in the context of the USD index falling. Recorded at 0:00 on August 22, the US Dollar Index measuring the fluctuation of the greenback with 6 major currencies was at 101,060 points (down 0.24%).
According to Kitco, gold prices moved sideways near all-time record highs before news from the US Federal Reserve (FED). Traders are awaiting the minutes of the Federal Open Market Committee's (FOMC) monetary policy meeting and its implications when released.
Investors will be looking for new clues about the size of a possible interest rate cut in September.
Markets are also waiting for the Federal Reserve's annual conference in Jackson Hole to begin this weekend. In previous years, central bank officials have made market-changing statements at conferences. The Fed chairman is scheduled to speak at the conference on Friday and may offer some guidance on the size of expected US interest rate cuts in September.
Key external markets today saw Nymex crude oil prices lower and trading around $72.25/bbl. The benchmark 10-year US Treasury note is currently yielding 3.78%.