Update SJC gold price
As of 6:00 a.m., the price of SJC gold bars was listed by DOJI Group at 85-87 million VND/tael (buy - sell).
Compared to the beginning of the previous trading session, gold prices at DOJI remained unchanged in both buying and selling directions.
The difference between buying and selling price of SJC gold at DOJI Group is at 2 million VND/tael.
Meanwhile, Saigon Jewelry Company listed the price of SJC gold at 85-87 million VND/tael (buy - sell).
Compared to the beginning of the previous trading session, the gold price at Saigon Jewelry Company SJC remained unchanged in both buying and selling directions.
The difference between buying and selling price of SJC gold at Saigon Jewelry Company is at 2 million VND/tael.
Bao Tin Minh Chau listed SJC gold price at 85.3-87 million VND/tael (buy - sell), unchanged.
Compared to the beginning of the previous trading session, gold prices at Bao Tin Minh Chau remained unchanged in both buying and selling directions.
The difference between buying and selling price of SJC gold at Bao Tin Minh Chau is at 1.7 million VND/tael.
Currently, the difference between buying and selling gold prices is listed at around 2 million VND/tael. Although it has decreased compared to the previous trading session, this difference is still very high.
This price difference 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 85.6-86.6 million VND/tael (buy - sell), remaining unchanged in both buying and selling directions compared to the beginning of the previous trading session.
Bao Tin Minh Chau listed the price of gold rings at 85.63-86.58 million VND/tael (buy - sell); both buying and selling prices remained the same compared to the beginning of the previous trading session.
World gold price
As of 6:00 a.m. on November 25 (Vietnam time), the world gold price listed on Kitco recovered to 2,716.3 USD/ounce, unchanged from the beginning of the previous trading session.
Gold Price Forecast
World gold prices increased sharply despite the increase in the USD index. Recorded at 6:00 a.m. on November 25, the US Dollar Index, which measures the fluctuations of the greenback against 6 major currencies, was at 107,510 points (up 0.54%).
According to the weekly Kitco News survey, market experts have shifted from bearish to strongly bullish. Of the 18 analysts who participated, 89% expect gold prices to rise this week. Similarly, in the online survey, 66% of retail investors also said that gold prices will continue to rise.
Rich Checkan, President of Asset Strategies International, said: "The trend is rising again thanks to escalating tensions between Russia and Ukraine along with bargain hunting after the decline."
Meanwhile, Darin Newsom, senior analyst at Barchart.com, warned of a possible correction but still affirmed that gold prices will maintain their upward momentum at least until the end of 2024.
Marc Chandler, CEO of Bannockburn Global Forex, predicts gold prices could hit $3,000 next year, emphasizing the importance of geopolitics in driving gold prices.
“The market action this week has been very positive, with the strongest weekly gain of the year,” he said.
See more news related to gold prices HERE...
