Update SJC gold price
As of 6:00 a.m., the price of SJC gold bars was listed by DOJI Group at 85-87 million VND/tael (buy - sell).
Compared to the beginning of the previous trading session, gold price at DOJI increased by 1.3 million VND/tael for buying and increased by 800,000 VND/tael for selling.
The difference between buying and selling prices of SJC gold at DOJI Group is at 2 million VND/tael.
Meanwhile, Saigon Jewelry Company listed the price of SJC gold at 85-87 million VND/tael (buy - sell).
Compared to the beginning of the previous trading session, the gold price at Saigon Jewelry Company SJC increased by 1.3 million VND/tael for buying and increased by 800,000 VND/tael for selling.
The difference between buying and selling price of SJC gold at Saigon Jewelry Company is at 2 million VND/tael.
Bao Tin Minh Chau listed SJC gold price at 85.3-87 million VND/tael (buy - sell), unchanged.
Compared to the beginning of the previous trading session, gold price at Bao Tin Minh Chau increased by 1.3 million VND/tael for buying and increased by 800,000 VND/tael for selling.
The difference between buying and selling price of SJC gold at Bao Tin Minh Chau is at 1.7 million VND/tael.
Currently, the difference between buying and selling gold prices is listed at around 2 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.
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 85.4-86.5 million VND/tael (buy - sell), an increase of 600,000 VND/tael for buying and an increase of 700,000 VND/tael for selling compared to the beginning of the previous trading session.
Bao Tin Minh Chau listed the price of gold rings at 85.48-86.43 million VND/tael (buy - sell); increased by 650,000 VND/tael for both buying and selling.
World gold price
As of 0:00 on November 23 (Vietnam time), the world gold price listed on Kitco recovered to 2,705.7 USD/ounce, a sharp increase of 66.5 USD/ounce compared to the beginning of the previous trading session.
Gold Price Forecast
World gold prices increased sharply despite the high USD index. Recorded at 0:00 on November 23, the US Dollar Index, which measures the fluctuations of the greenback against 6 major currencies, was at 107.585 points (up 0.61%).
According to Kitco - gold prices increased sharply due to increased safe-haven demand. Gold is on track for its biggest weekly gain in 13 months. Notably, the price of December gold futures increased by 30.7 USD to 2,705.6 USD/ounce.
Risk appetite in the market has fallen sharply this week as Russia-Ukraine tensions escalate.
Currency traders are betting that President-elect Donald Trump’s policy agenda is about to kick in. Hedge funds are buying and strategists have significantly revised their forecasts, Bloomberg reported.
The key outside markets today saw Nymex crude futures trading weaker at around $69.75 a barrel. Meanwhile, the benchmark 10-year US Treasury note yield is currently at 4.39%.
Technically, December gold bulls have the overall near-term technical advantage. Prices are starting to trend higher again.
The next upside price objective for the bulls is to create a close above $2,750/oz. The next near-term downside price objective for the bears is to push futures below $2,618.80/oz.
See more news related to gold prices HERE...
