SJC gold bar price
As of 6:00 AM, SJC gold bar prices were listed by DOJI at 166.7-169.2 million VND/tael (buying - selling), down 800,000 VND/tael in both buying and selling directions. The difference between buying and selling prices is at 2.5 million VND/tael.
SJC gold bar price was listed by Bao Tin Minh Chau at the threshold of 166.7-169.2 million VND/tael (buying - selling), down 800,000 VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 2.5 million VND/tael.
Phu Quy Jewelry Group listed SJC gold bar prices at 166.7-169.2 million VND/tael (buying - selling), down 800,000 VND/tael in both buying and selling directions. The difference between buying and selling prices is at 2.5 million VND/tael.
9999 gold ring price
As of 6:00 AM, DOJI listed the price of gold rings at the threshold of 166.2-169.2 million VND/tael (buying - selling), down 800,000 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 the price of gold rings at the threshold of 166.2-169.2 million VND/tael (buying - selling), down 800,000 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 the threshold of 166.2-169.2 million VND/tael (buying - selling), down 800,000 VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 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 0:30 AM, world gold prices were listed around 4,714.1 USD/ounce, down 23.1 USD compared to the previous day.
Gold price forecast
World gold prices in the trading session fluctuated in a narrow range, but still maintained around the highest level of the day. This development shows that market sentiment is quite cautious as investors continue to monitor the impact of geopolitical tensions, especially the risks related to conflicts between the US and Iran, on the group of precious metals in the short and medium term.
While gold only adjusted slightly, silver is under stronger downward pressure despite recovering from the lowest level of the day. Analysts believe that the erratic upward and downward trend of the precious metal in the past two weeks reflects a clear state of stalemate: one side is the need for safe haven, the other side is the psychology of waiting for new developments from the international situation.
Technically, experts believe that the June gold futures contract is still facing an important resistance level. According to Jim Wyckoff's assessment, the next upward target for buyers is to bring the closing price above the strong resistance zone of 5,000 USD/ounce.
In the opposite direction, sellers will find ways to pull prices below the noteworthy support zone of 4,500 USD/ounce. Initially, the 4,713.3 USD/ounce mark and then 4,800 USD/ounce are considered near resistance zones, while important support levels are at 4,685.8 USD/ounce and 4,626 USD/ounce.
For silver, the short-term trend is also not really clear. According to technical assessments, buyers need to bring the price above the April peak at 83.245 USD/ounce to strengthen the upward momentum. Meanwhile, if the support level of 70 USD/ounce is broken, downward pressure may increase significantly.
On external markets, Nymex WTI crude oil prices hovered around the 94 USD/barrel mark, the USD index was almost flat, while the yield of 10-year US Treasury bonds remained around the threshold of 4.3%.
In general, the gold market is forecast to remain sensitive to geopolitical information, USD fluctuations and US bond yields in the coming sessions.
Gold price data is compared to the previous day.
The world gold and silver market operates through two main pricing mechanisms. The first is the spot market, where the buying and selling and immediate delivery prices are listed. The second is the futures market, where prices are set for future delivery.
Due to the impact of year-end position restructuring and market liquidity, the December gold futures contract is currently the most actively traded contract on the CME exchange.
See more news related to gold prices HERE...
