SJC gold bar price
As of 7:00 a.m., DOJI Group listed the price of SJC gold bars at 126.1-127.7 million VND/tael (buy - sell), an increase of 200,000 VND/tael for buying and an increase of 800,000 VND/tael for selling. The difference between buying and selling prices is at 1.6 million VND/tael.
Meanwhile, Bao Tin Minh Chau listed the price of SJC gold bars at 126.1-127.7 million VND/tael (buy - sell), an increase of 200,000 VND/tael for buying and an increase of 800,000 VND/tael for selling. The difference between buying and selling prices is at 1.6 million VND/tael.
Phu Quy Jewelry Group listed the price of SJC gold bars at 125.1-127.7 million VND/tael (buy - sell), unchanged for buying and increased by 600,000 VND/tael for selling. The difference between buying and selling prices is at 2.6 million VND/tael.
9999 gold ring price
As of 7:00 a.m., DOJI Group listed the price of gold rings at 119.3-122.3 million VND/tael (buy - sell), an increase of 500,000 VND/tael in both directions. The difference between buying and selling is 3 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at 119.6-122.6 million VND/tael (buy - sell), an increase of 400,000 VND/tael in both directions. The difference between buying and selling is 3 million VND/tael.
Phu Quy Gold and Stone Group listed the price of gold rings at 119.2-122.2 million VND/tael (buy - sell), an increase of 400,000 VND/tael in both directions. The difference between buying and selling is 3 million VND/tael.
Currently, the difference between buying and selling gold rings is at a very high level, around 3 million VND/tael, posing a potential risk of loss for investors.
World gold price
The world gold price was listed at 6:00 a.m. at 3,390.1 USD/ounce, up 17.9 USD.
Gold price forecast
World gold prices skyrocketed and reached a two-week high thanks to support from safe-haven demand after US President Donald Trump announced that he had fired a Federal Reserve Governor.
On Monday evening, President Trump announced the dismissal of Fed Governor Lisa Cook after accusations that she forged mortgages, citing a "reasonable cause" for her dismissal.
For her part, Lisa Cook argued that Trump had no authority to fire her, and that she would not resign, and that her lawyer would take all necessary action to stop Trumps actions.
If Lisa Cook is forced to leave office, Mr. Trump will have the opportunity to win a majority of 4/7 seats on the Fed Board of Governors. The global stock and financial market was not shaken too much, but it was not completely indifferent.
Gold benefits from safe-haven cash flow. Many Asian and European markets have decreased, US Treasury bond yields have increased slightly, and the USD Index has weakened. US stock indexes are trading around mid-session levels.
December gold futures closed up $16.5 at $3,434.20 an ounce. Meanwhile, silver prices decreased slightly. September silver futures fell 0.028 to 38.69 USD/ounce.
Technically, December gold futures buyers still dominate in the short term. The next upside target for buyers is to close above a solid resistance level of $3,500/ounce.
On the contrary, the target for the sellers is to pull the price below the important technical support level at the July low of 3,319-20 USD/ounce. The first resistance was seen at $3,450 an ounce, then $3,475 an ounce.
First support was at last night's low of $3,396.1 an ounce, followed by last week's low of $3,353.4 an ounce.
Note: Gold price data is compared to a day earlier.
See more news related to gold prices HERE...
