Update SJC gold price
As of 6:00 a.m., the price of SJC gold bars was listed by Saigon Jewelry Company at 82.5-84.5 million VND/tael (buy - sell), an increase of 700,000 VND/tael in both directions.
The difference between buying and selling price of SJC gold at Saigon Jewelry Company is at 2 million VND/tael.
Meanwhile, DOJI Group listed the price of SJC gold at 82.5-84.5 million VND/tael (buy - sell); an increase of 100,000 VND/tael in both directions.
The difference between buying and selling price of SJC gold at DOJI Group is at 2 million VND/tael.
Bao Tin Minh Chau listed SJC gold price at 82.5-84.5 million VND/tael (buy - sell); increased 100,000 VND/tael in both directions.
The difference between buying and selling price of SJC gold at Bao Tin Minh Chau is at 2 million VND/tael.
Currently, the difference between buying and selling gold prices is listed at around VND2 million/tael. Experts say that this difference is still very high, causing investors to face the risk of losing money when buying in the short term.
The difference between the buying and selling price 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 83.5-84.5 million VND/tael (buy - sell); an increase of 600,000 VND/tael for buying and an increase of 100,000 VND for selling compared to the beginning of the previous trading session.
Bao Tin Minh Chau listed the price of gold rings at 82.7-84.5 million VND/tael (buy - sell), keeping the buying price unchanged and increasing the selling price by 100,000 VND/tael compared to the beginning of yesterday's trading session.
World gold price
As of 0:20 on December 24 (Vietnam time), the world gold price listed on Kitco was at 2,613.1 USD/ounce, down 10.5 USD/ounce.
Gold Price Forecast
World gold prices fell as the USD index increased. Recorded at 0:20 on December 24, the US Dollar Index, which measures the greenback's fluctuations against six major currencies, was at 107.780 points (up 0.40%).
Markets are quiet ahead of the holiday. This week is expected to be a quiet one for all markets as the Christmas holiday falls on Wednesday.
However, the precious metal is under some pressure as the USD index increases sharply and US Treasury yields increase slightly.
Jim Wyckoff, senior analyst at Kitco, said that in the short term, both buyers and sellers in the gold market have a relatively balanced advantage. The next price target for buyers is to close above the strong resistance level of $2,700/ounce. On the contrary, the target for sellers is to push prices below the threshold of $2,565/ounce.
Major overseas markets today saw the US dollar index rise sharply, approaching a two-year high reached last week. Nymex crude oil futures fell, trading around $68.75 a barrel. The yield on the 10-year US Treasury note is currently at 4.562%.
See more news related to gold prices HERE...
