SJC gold bar price
As of 6:00 AM on August 26, Phu Quy listed the price of SJC gold bars at the threshold of 147.6-150.6 million VND/tael (buying - selling), an increase of 600,000 VND/tael in both buying and selling directions. The buying - selling difference is at 3 million VND/tael.
SJC gold bar price is listed by DOJI at the threshold of 147.6-150.6 million VND/tael (buying - selling), an increase of 600,000 VND/tael in both buying and selling directions. The difference between buying and selling is at 3 million VND/tael.
Bao Tin Minh Chau listed SJC gold bar prices at 150-154 million VND/tael (buying - selling), an increase of 1.5 million VND/tael in both buying and selling directions. The buying - selling difference is at 4 million VND/tael.
9999 gold ring price
As of 6:00 AM on August 26, Phu Quy Gold and Gems Group listed the price of gold rings at 148-152 million VND/tael (buying - selling), an increase of 1 million VND/tael on the buying side and an increase of 1.5 million VND/tael on the selling side. The buying - selling difference is at 4 million VND/tael.
DOJI listed the price of gold rings at 150-154 million VND/tael (buying - selling), an increase of 1 million VND/tael in both buying and selling directions. The buying - selling difference is at 4 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at 150-154 million VND/tael (buying - selling), an increase of 1.5 million VND/tael in both buying and selling directions. The buying - selling difference is at 4 million VND/tael.
World gold price
Recorded at 9:30 PM on August 25, world gold prices were listed around the threshold of 4, 625.6 USD/ounce, down 34.8 USD.
Gold price forecast
World gold prices are under adjustment pressure after approaching the 4,700 USD/ounce zone, as a portion of investors took profit-taking after the previous strong increase. However, supporting factors for the precious metal are still present in the context of the US economic outlook showing more negative signals.
Newly released data shows that consumer confidence in the US continued to decline in August. The consumer confidence index fell to 89.4 points, lower than 90.8 points last month and below analysts' forecasts.
The weakening mainly comes from people's cautious psychology about economic prospects in the coming months, especially related to income, labor market and business conditions.
Although the assessment of the current situation has somewhat improved, consumer expectations for the future have fallen to a lower level. This reflects concerns about the health of the economy as people are still affected by high living costs and instability related to the job market.
In addition, the US housing sector also sent out negative signals when new home sales in July fell sharply by 10.5% compared to the previous month, to a lower level than market expectations. Compared to the same period last year, sales also recorded a decrease, showing that the impact of high interest rates is still putting pressure on housing sales.
According to analysts, weaker-than-expected economic data may strengthen expectations about the possibility of the US Federal Reserve (Fed) adjusting monetary policy towards greater easing in the near future. This is a factor that may support gold prices, because low interest rates often reduce the attractiveness of the USD and fixed-use assets, thereby boosting demand for precious metals.
However, in the short term, gold prices may continue to face fluctuations as investors consider taking profits after a period of strong increase. The diễn biến of the USD, the following US economic data and new signals from the Fed will continue to be important factors orienting the trend of precious metals.
Gold price data is compared to the previous day.
The information in the article only reflects market developments, not investment recommendations.
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