SJC gold bar price
As of 6:00 AM on April 2nd, SJC gold bar prices were listed by Bao Tin Minh Chau at the threshold of 173.5-176.7 million VND/tael (buying - selling), an increase of 1.8 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3.2 million VND/tael.
Phu Quy Jewelry Group listed SJC gold bar prices at the threshold of 173.7-176.7 million VND/tael (buying - selling), an increase of 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.
9999 gold ring price
As of 6:00 AM on April 2nd, Bao Tin Minh Chau listed gold ring prices at the threshold of 173-176 million VND/tael (buying - selling), an increase of 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.
Phu Quy Gold and Gems Group listed the price of gold rings at 173.5-176.5 million VND/tael (buying - selling), an increase of 1.8 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at 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 10:22 PM on April 1st, world gold prices were listed around 4, 769.5 USD/ounce, up sharply by 122 USD.
Gold price forecast
Gold and silver prices continued to rise in the first trading session of the day in the US, in which gold increased sharply while silver edged up slightly. This development was supported by the weakening USD index in the middle of the week, along with the decline of government bond prices around the world, thereby creating more support for the precious metal group.
Gold for June delivery increased by 93.9 USD, to 4,771.7 USD/ounce. Meanwhile, silver for May delivery increased by 0.321 USD, reaching 75.24 USD/ounce.
In the energy market, Nymex WTI crude oil prices fell and fluctuated around the threshold of 100 USD/barrel. The USD index went down in the early session, while the yield on 10-year US Treasury bonds is currently at 4.28%.
According to Bloomberg, the US Commodity Futures Trading Commission (CFTC) is closely monitoring trading developments on the crude oil futures contract market to detect unusual signs. Mr. David Miller - CFTC's Chief Enforcement Officer - said the agency is monitoring the market, but did not comment further on specific investigation activities.
Bloomberg also said that Nymex WTI crude oil contracts once fell sharply just minutes before a social media post by US President Donald Trump on March 23 related to delaying military action against Iran.
Analysts believe that, in addition to the diễn biến of the USD, the precious metal market is also affected by investors' cautious sentiment in the face of geopolitical and global energy fluctuations.
Technically, June gold futures are approaching important resistance zones. If the closing price exceeds the 5,000 USD/ounce mark, the upward trend may be further strengthened. Conversely, if it falls below 4,300 USD/ounce, the market may be under stronger downward pressure.
In the short term, near resistance levels are 4,800 USD/ounce and 4,900 USD/ounce, while support zones are at 4,700 USD/ounce and 4,600 USD/ounce. According to the Wyckoff rating scale, the market is currently at 5.0, meaning the trend is quite balanced, neither buyer nor seller is really dominant.
Gold price data is compared to the previous day.
The world gold market operates through two main pricing mechanisms. The first is the spot market, where prices are listed for buying and selling and immediate delivery. The second is the futures market, where prices are determined for future delivery.
Due to year-end positioning and market liquidity, the December gold futures contract is currently the most actively traded type on the CME exchange.
See more news related to gold prices HERE...
