SJC gold bar price
As of 6:00 AM, SJC gold bar prices were listed by DOJI at the threshold of 166.3 - 168.8 million VND/tael (buying - selling), an increase of 800,000 VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 2.5 million VND/tael.
SJC gold bar price was listed by Bao Tin Minh Chau at the threshold of 166.2-168.8 million VND/tael (buying - selling), keeping the buying direction unchanged and increasing by 100,000 VND/tael on the selling side. The difference between buying and selling prices is at the threshold of 2.6 million VND/tael.
Phu Quy Jewelry Group listed SJC gold bar prices at the threshold of 166.3 - 168.8 million VND/tael (buying - selling), an increase of 100,000 VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 2.5 million VND/tael.
9999 gold ring price
As of 6:00 AM, DOJI listed the price of gold rings at the threshold of 165.8-168.8 million VND/tael (buying - selling), an increase of 800,000 VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at the threshold of 165.8-168.8 million VND/tael (buying - selling), an increase of 100,000 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 the price of gold rings at the threshold of 165.8-168.8 million VND/tael (buying - selling), an increase of 100,000 VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.
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 6:00 AM on April 26, world gold prices were listed around the threshold of 4,708.8 USD/ounce, down 20.5 USD compared to the previous day.
Gold price forecast
Gold prices next week are forecast to continue to fluctuate unpredictably, in the context of the market lacking clear signals after ending a 4-week consecutive rally.
Despite recovering in the last session of the week, world gold prices are still under pressure as the USD strengthens, bond yields rise, and high interest rate expectations persist.
A recent survey shows that Wall Street analysts are quite cautious. Among the 16 experts surveyed, 5 predict gold prices will increase, 5 think prices will decrease, while 6 experts predict the precious metal will move sideways next week. The group of individual investors also has differentiated views, showing that the market is in a state of waiting for new signals.
The biggest pressure on gold currently comes from monetary policy. Next week, the US Federal Reserve (Fed) and many major central banks such as BOJ, BoC, BoE and ECB will announce interest rate decisions.
In the context of high oil prices, persistent inflation and geopolitical instability that has not cooled down, the possibility of central banks maintaining a cautious stance is putting pressure on gold - an unprofitable asset.
Mr. Lukman Otunuga - senior market analyst at FXTM - said that when concerns about increased inflation shocks increase, central banks are likely to keep interest rates unchanged, and may even send tougher signals. According to him, this is a disadvantageous factor for gold, although safe-haven demand is still present.
Technically, the 4,700 USD/ounce zone continues to be considered a near support for gold prices. If this level is broken, the price may fall back to the 4,600 USD/ounce zone. Conversely, if the current price base is maintained, gold may retest the 4,800-4,900 USD/ounce zone.
From a long-term perspective, Mr. Ole Hansen - Head of Commodity Strategy at Saxo Bank - believes that the gold support foundation is still there, especially when fiscal, geopolitical risks and central bank buying demand have not decreased.
According to analysts, the current sideways phase does not necessarily reflect the weakening of gold, but shows that the market is accumulating after a strong increase. Investors need to be cautious because the buying-selling spread in the country is still high.
Gold price data is compared to the previous day.
The world gold and silver market operates through two main pricing mechanisms. The first is the spot market, where the buying and selling and immediate delivery prices are listed. The second is the futures market, where prices are set for future delivery.
Due to the impact of year-end position restructuring and market liquidity, the December gold futures contract is currently the most actively traded contract on the CME exchange.
See more news related to gold prices HERE...
