SJC gold bar price
As of 6:00 AM, Phu Quy Jewelry Group listed SJC gold bar prices at 145.5-148.5 million VND/tael (buying - selling), an increase of 1.8 million VND/tael on the buying side and an increase of 1.3 million VND/tael on the selling side. The difference between buying and selling prices is at 3 million VND/tael.
SJC gold bar price was listed by DOJI at the threshold of 145.6-148.6 million VND/tael (buying - selling), an increase of 1.2 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 price was listed by Bao Tin Minh Chau at the threshold of 144.4-147.9 VND/tael (buying - selling), an increase of 700,000 VND/tael on the buying side and an increase of 900,000 VND/tael on the selling side. The difference between buying and selling prices is at the threshold of 3.5 million VND/tael.
9999 gold ring price
As of 6:00 AM, Phu Quy Jewelry Group listed the price of gold rings at the threshold of 145.2-148.2 million VND/tael (buying - selling), an increase of 2.2 million VND/tael on the buying side and an increase of 1.7 million VND/tael on the selling side. The difference between buying and selling prices is at the threshold of 3 million VND/tael.
DOJI listed gold ring prices at the threshold of 145.6-148.6 million VND/tael (buying - selling), an increase of 1.2 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 gold ring prices at the threshold of 144.4-147.9 VND/tael (buying - selling), an increase of 700,000 VND/tael on the buying side and an increase of 900,000 VND/tael on the selling side. The difference between buying and selling prices is at the threshold of 3.5 million VND/tael.
World gold price
At 0:20 am, world gold prices were listed around the threshold of 4,187.7 USD/ounce, up 27 USD.
Gold price forecast
World gold prices are showing the possibility of recovery after sessions under pressure from tougher monetary policy signals from the US Federal Reserve (Fed).
The market is currently focusing on assessing the impact of interest rate orientation, in the context that Fed officials are sending cautious signals with policy easing in the near future.
Spot gold at one point rebounded to the upper 4,200 USD/ounce zone as investors balanced interest rate risks and geopolitical factors.
The cooling of oil prices after positive signals in US-Iran negotiations partly reduced inflationary pressure, thereby limiting the market's ability to expect the Fed to maintain a too tough stance.
However, analysts believe that the outlook for the precious metal still largely depends on the developments of US bond yields and the strength of the USD. When yields increase, gold is often under pressure because non-performing assets become less attractive.
Conversely, if US economic data shows signs of cooling down, expectations of the Fed adjusting policy may create more momentum for gold prices.
Market analysts believe that geopolitical factors are still an important "support" for gold. Negotiations related to the Middle East situation, although there are signs of de-escalation, have not completely resolved energy supply risks. Any unexpected developments could trigger safe-haven demand.
Technically, the 4, 221 - 4, 226 USD/ounce zone is considered an important resistance level for gold's upward momentum. If it crosses this zone, the price may head towards higher zones around 4, 287 USD/ounce and further to the 4, 364 USD/ounce mark. In the opposite direction, the 4, 160 USD/ounce zone is considered a near support level, if it is broken, it may open up the possibility of adjusting to lower zones.
In the domestic market, SJC gold bars and 9999 gold rings continue to closely follow world developments but still maintain a high buying-selling spread. Investors need to monitor further signals from the Fed, US inflation data as well as the diễn biến of the USD to assess trends in the coming sessions.
Gold price data is compared to the previous day.
See more news related to gold prices HERE...
