SJC gold bar price
As of 6:00 AM on February 26, SJC gold bar prices were listed by DOJI Group at the threshold of 182.3-185.3 million VND/tael (buying - selling), an increase of 700,000 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 182.3-185.3 million VND/tael (buying - selling), an increase of 700,000 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 182.3-185.3 million VND/tael (buying - selling), an increase of 700,000 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 on February 26, DOJI Group listed the price of gold rings at the threshold, an increase of 600,000 VND/tael in both directions compared to the previous day. The buying - selling difference is at 3 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at 181.5-184.5 million VND/tael (buying - selling), down 300,000 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 181.8-184.8 million VND/tael (buying - selling), an increase of 200,000 VND/tael in both directions. The buying - selling difference is at 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 0:00 on February 26, world gold prices were listed around the threshold of 5-211.2 USD/ounce, up 62.4 USD.
Gold price forecast
Gold prices rose sharply, while silver broke through and hit a three-week high. Short-term technical developments of both precious metals have recently become more positive, attracting chart traders to return to buying positions. Safe haven demand also contributes to supporting gold and silver prices in the context of the geopolitical environment still unstable.
Gold for April delivery last night increased by 37.4 USD, to 5,214.5 USD/ounce. Silver for March delivery increased by 2,954 USD, reaching 90.43 USD/ounce.
Gold increased sharply but slower than silver, mainly due to the statement of the Chairman of the Federal Reserve (Fed) Boston branch, Ms. Susan Collins.
On Tuesday, Ms. Collins said that US interest rates are likely to remain unchanged "for a while", as recent economic data shows that the labor market is improving, while inflation risks still exist. These assessments are seen as leaning towards the "hawkish" view of monetary policy.
Technical analysis of gold for April delivery: The next upside target for buyers is to close above the strong resistance level of 5,400 USD/ounce. Conversely, the downside target for sellers is to pull prices below the important technical support zone of 4,854.2 USD/ounce.
The immediate resistance is at the week's peak of 5,269.4 USD/ounce, followed by 5,300 USD. The nearest support is at the week's bottom of 5,109.5 USD/ounce, followed by 5,100 USD/ounce.
In outside markets, the USD index weakened slightly. Crude oil prices fell slightly, trading around 65.38 USD/barrel. The yield on 10-year US Treasury bonds is currently at 4.05%.
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 quoted for transactions and immediate delivery.
The second is the futures contract market, where prices are set for futures delivery. Due to year-end closing activities, December gold futures contracts are currently the most actively traded type on the CME.
See more news related to gold prices HERE...
