SJC gold bar price
As of 6:00 AM, SJC gold bar prices were listed by DOJI Group at 160.8-163.8 million VND/tael (buying - selling), down 7.2 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.
SJC gold bar price was listed by Bao Tin Minh Chau at 163-166 million VND/tael (buying - selling), down 5 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.
Phu Quy Jewelry Group listed SJC gold bar prices at 163-166 million VND/tael (buying - selling), down 5 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.
9999 gold ring price
As of 6:00 AM, DOJI Group listed the price of gold rings at the threshold of 160.3 - 63.7 million VND/tael (buying - selling), down 7.8 million VND/tael on the buying side and down 7.4 million VND/tael on the selling side. The difference between buying and selling prices is at 3.4 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at 163-166 million VND/tael (buying - selling), down 6.1 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.
Phu Quy Gold and Gems Group listed the price of gold rings at 163-166 million VND/tael (buying - selling), down 5 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 0:20 am, world gold prices were listed around the threshold of 4,399.4 USD/ounce, down 90.8 USD compared to the previous day.
Gold price forecast
In a volatile trading session on many markets, gold prices fell but have recovered significantly compared to the bottom of the day. Meanwhile, silver prices have jumped from a 3.5-month low and are trading at a higher level in the middle of the session. Technical factors show that selling pressure on the gold and silver market is gradually weakening.
Unexpected information from US President Donald Trump about the possibility of cooling down the conflict with Iran has shaken the global market, with strong price fluctuations on many types of assets, including gold and silver. Crude oil prices fell about 10% during the day. The precious metals market continues to face selling pressure amid global inflation concerns.
Technically, the selling side on the gold market shows signs of weakening, reflected in the "exhausted tail" pattern in yesterday's session - when prices fell deeply and then rebounded, closing near the highest level of the day, showing that selling pressure has gradually dried up.
The next upward target of the buying side for the April gold futures contract is to close above the strong resistance level of 4,750 USD/ounce. Conversely, the downward target of the selling side is to pull the price below the important technical support level at the bottom today of 4,100 USD/ounce.
The nearest resistance levels are 4,500 USD/ounce and 4,537.1 USD/ounce (day peak) respectively. The nearest support levels are 4,300 USD/ounce and 4,250 USD/ounce.
Important external markets during the day showed a weakening USD index. Crude oil prices fell sharply, trading around 86 USD/barrel. The yield on 10-year US Treasury bonds is currently around 4.3%.
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...
