Update SJC gold price
As of 6:00 a.m., the price of SJC gold bars was listed by Saigon Jewelry Company at VND86.8-88.8 million/tael (buy - sell); both buying and selling prices remained unchanged compared to the beginning of the previous trading session.
The difference between buying and selling price of SJC gold at Saigon Jewelry Company is at 2 million VND/tael.
Meanwhile, DOJI Group listed the price of SJC gold at 86.9-88.9 million VND/tael (buy - sell); both buying and selling prices remained unchanged compared to the beginning of the previous trading session.
The difference between buying and selling price of SJC gold at DOJI Group is at 2 million VND/tael.
Bao Tin Minh Chau listed SJC gold price at 86.9-88.9 million VND/tael (buy - sell); increased by 100,000 VND/tael for both buying and selling compared to the beginning of the previous trading session.
The difference between buying and selling price of SJC gold at Bao Tin Minh Chau is at 2 million VND/tael.
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 86.6-88.1 million VND/tael (buy - sell); both buying and selling prices remain the same compared to the beginning of the trading session yesterday morning.
Bao Tin Minh Chau listed the price of gold rings at 86.6-88.9 million VND/tael (buy - sell), keeping the buying price unchanged and increasing the selling price by 100,000 VND/tael compared to early this morning.
World gold price
As of 6:00 a.m. on January 26, the world gold price listed on Kitco was at $2,770.8/ounce, unchanged from early this morning. For the whole week, the world gold price increased by $67.7/ounce.
Gold Price Forecast
World gold prices are anchored high amid a decline in the USD index. Recorded at 6:00 a.m. on January 26, the US Dollar Index, which measures the greenback's fluctuations against six major currencies, was at 107.250 points (down 0.57%).
“I still expect gold prices to rise,” said Marc Chandler, managing director of Bannockburn Global Forex. “A new record high is likely as the dollar corrects lower. US President Donald Trump’s stance may also encourage some central banks to accumulate gold.”
Jim Wyckoff, senior analyst at Kitco, believes that gold prices could set a new record high next week. “The charts are very positive, and risk aversion is becoming more evident as the market awaits potentially disruptive policy actions from the Trump administration,” he said.
Next week's economic calendar will focus on central banks around the globe, with the US Federal Reserve and Bank of Canada announcing interest rate decisions on Wednesday, followed by the European Central Bank on Thursday.
Markets will also be paying attention to a number of U.S. economic data, including December new home sales on Monday, durable goods and consumer confidence reports on Tuesday, fourth-quarter GDP, weekly jobless claims and pending home sales on Thursday, and PCE, personal income and personal spending on Friday morning.
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