SJC gold bar price
Gold ring price 9999
As of 6:00 a.m., the price of 9999 Hung Thinh Vuong round gold ring at DOJI was listed at 76.00-77.25 VND/tael (buy - sell); increased by 100,000 VND/tael for both buying and selling directions.
Saigon Jewelry Company lists gold ring prices at 75.8-77.2 million VND/tael (buy - sell); increased by 100,000 VND/tael for both buying and selling directions.
Bao Tin Minh Chau listed the gold ring price at 75.93-77.23 million VND/tael (buy - sell); increased by 50,000 VND/tael for both buying and selling directions.
In recent sessions, gold ring prices often fluctuate in the same direction as the world market. Investors can refer to world markets and expert opinions before making investment decisions.
World gold price
As of 1:00 a.m. on July 25, the world gold price listed on Kitco was at 2,413 USD/ounce; increased by 10.1 USD/ounce.
Gold price forecast
World gold prices increased in the context of the USD index falling. Recorded at 1:00 a.m. on July 25, the US Dollar Index measuring the fluctuation of the greenback with 6 major currencies was at 103,987 points (down 0.19%).
The gold market is maintaining its upward momentum after the latest data showed improvement in the US services sector, but a decline in the manufacturing sector this month.
Besides, several external factors are also driving interest in precious metals: lower USD index, sharp decline in US stock index prices and higher crude oil prices. US Treasury bond yields have also stabilized this week.
According to the latest report of the World Gold Council (WGC), geopolitical instability will continue to support safe-haven demand for gold.
In addition, Vahan Roth - CEO of gold encryption company Swissgrams AG - said that central banks in BRICS+ and neutral countries buy gold "at an unprecedented speed". , inflation... is still happening and is boosting the appeal of gold."
In a recent analysis, Roth notes that the rise in gold prices to a new record high of $2,480 an ounce on July 17 underscores the strategic moves of central banks in BRICS+ and other countries in the region. context of geopolitical and economic instability.
Key external markets today saw Nymex crude oil prices higher and trading around $78.00/bbl. The yield on the benchmark 10-year US Treasury note is currently 4.233%.
