SJC gold bar price
As of 6:00 AM, SJC gold bar prices were listed by DOJI Group at the threshold of 167.2-170.2 million VND/tael (buying - selling), an increase of 6.4 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.
SJC gold bar price was listed by Bao Tin Minh Chau at the threshold of 167.2-170.2 million VND/tael (buying - selling), an increase of 4.2 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 Jewelry Group listed SJC gold bar prices at the threshold of 167.2-170.2 million VND/tael (buying - selling), an increase of 4.2 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, DOJI Group listed the price of gold rings at the threshold of 167.2-170.2 million VND/tael (buying - selling), an increase of 6.9 million VND/tael on the buying side and an increase of 6.5 million VND/tael on the selling side. 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 167.7-170.7 million VND/tael (buying - selling), an increase of 4.7 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 the price of gold rings at the threshold of 167.2-170.2 million VND/tael (buying - selling), an increase of 4.2 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.
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 0:40 AM, world gold prices were listed around the threshold of 4,384 USD/ounce, down 15.4 USD compared to the previous day.
Gold price forecast
The downward trend of world gold prices slowed down as safe-haven demand returned for these two precious metals. After Monday's expectations of the possibility of cooling down war tensions in the Middle East, today's market shows that has not happened.
The strengthening USD, rising bond yields and concerns about global inflation are limiting the upward momentum of the metal market. Gold for April delivery recently increased by $21.3, to $4,428.2/ounce. Silver for May delivery increased by $1,165, to $70.46/ounce.
Technically, buyers (bulls) on the April gold futures market have the next goal of bringing the closing price above the strong resistance level at 4,750 USD/ounce. Meanwhile, sellers (bears) aim to push the price below the important technical support level at the bottom of this week, which is 4,100 USD/ounce.
The first resistance level was recorded at 4,500.00 USD, followed by the week's peak at 4,537.1 USD/ounce. The first support level was at the bottom today at 4,306.3 USD, followed by 4,250 USD/ounce.
For silver for May delivery, buyers set the next target to close above the strong resistance level of 80 USD. Conversely, sellers are aiming to pull prices below the strong support level of 60 USD. The first resistance level is the week's peak at 71.03 USD, followed by 72.5 USD. The next support level is at the bottom today at 66.115 USD, then to 65 USD/ounce.
Important external markets today showed Nymex WTI crude oil prices up, trading around 91.50 USD/barrel. The USD index also increased during the day. The benchmark 10-year US Treasury bond yield is currently around 4.4%.
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...
