SJC gold bar price
As of 6:00 AM, SJC gold bar prices were listed by DOJI at the threshold of 158.5-161.5 million VND/tael (buying - selling). The difference between buying and selling prices is at the threshold of 3 million VND/tael.
SJC gold bar price is listed by Bao Tin Minh Chau at the threshold of 158.5-161.5 million VND/tael (buying - selling). 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 158.5-161.5 million VND/tael (buying - selling). The difference between buying and selling prices is at 3 million VND/tael.
9999 gold ring price
As of 6:00 AM, DOJI listed the price of gold rings at 158.5-161.5 million VND/tael (buying - selling). The difference between buying and selling prices is at 3 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at the threshold of 158.5-161.5 million VND/tael (buying - selling). 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 158.5-161.5 million VND/tael (buying - selling). The difference between buying and selling prices is at 3 million VND/tael.
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 6:00 AM, world gold prices were listed around the threshold of 4,508.5 USD/ounce.
Gold price forecast
Kitco News' latest weekly gold survey shows that pessimistic sentiment still prevails on Wall Street. Among the 13 experts surveyed, only 2 people (equivalent to 15%) predict gold prices will increase this week. Meanwhile, 8 experts, accounting for 62%, believe that gold prices will decrease. The remaining three experts predict the market will continue to move sideways and accumulate.
Contrary to professional analysts, individual investors still maintain optimistic sentiment. Kitco's online survey recorded 32 participation votes, of which 18 investors, equivalent to 56%, expect gold prices to increase this week. 22% forecast prices to decrease and 22% believe the market will move sideways.
Mr. Marc Chandler - Managing Director of Bannockburn Global Forex - said that gold prices have broken through the support zone around 4,500 USD/ounce, but most of the time in the week they still fluctuated and accumulated above this level. According to experts, gold has not shown enough momentum to confirm the upward trend again and needs to overcome the 4,600 USD/ounce zone to improve technical signals.
Mr. Marc Chandler also warned that the risk of price decline is still present, as gold prices may retreat to the 200-day moving average around 4,370 USD/ounce. In addition, prolonged tensions in the Middle East may cause some countries such as Turkey or Gulf countries to continue selling gold reserves, creating pressure on the market.
Meanwhile, Mr. Adrian Day - Chairman of Adrian Day Asset Management - said that gold prices are likely to still maintain a state of fluctuation but tend to increase.
Meanwhile, Mr. Kevin Grady - Chairman of Phoenix Futures and Options - said that liquidity in the gold market is currently quite low, showing that investors are cautious and mainly waiting for more clear signals before opening large positions. According to him, gold is facing the risk of retesting old bottoms if selling pressure continues to increase.
However, this expert believes that in the current context, gold prices still have the potential to rebound strongly if there is sufficient support from geopolitics or monetary policy.
Gold price data is compared to the previous day.
See more news related to gold prices HERE...
