SJC gold bar price
As of 6:00 a.m., the price of SJC gold bars listed by DOJI Group was at 81.5 - 83.5 million VND/tael (buy - sell).
Compared to the beginning of the previous trading session, gold prices at DOJI remained unchanged in both buying and selling directions.
The difference between buying and selling price of SJC gold at DOJI Group is at 2 million VND/tael.
Meanwhile, Bao Tin Minh Chau listed the price of SJC gold at 81.5 - 83.5 million VND/tael (buy - sell).
Compared to the beginning of the previous trading session, gold prices at Bao Tin Minh Chau remained unchanged in both buying and selling directions.
The difference between buying and selling price of SJC gold at Saigon Jewelry Company is at 2 million VND/tael.
9999 gold ring price
As of 6:00 a.m., the price of 9999 Hung Thinh Vuong round gold rings at DOJI was listed at 82.5 - 83.35 million VND/tael (buy - sell), an increase of 550,000 VND/tael for buying and an increase of 400,000 VND/tael for selling.
Bao Tin Minh Chau also adjusted the price of plain round gold rings to increase to 82.23 - 83.33 million VND/tael (buy - sell), an increase of 400,000 VND/tael for both buying and selling.
In recent sessions, the price of gold rings has often fluctuated in the same direction as the world market. Investors can refer to the world market and expert opinions before making investment decisions.
World gold price
As of 0:00 on September 27, the world gold price listed on Kitco was at 2,667.9 USD/ounce, up 5.5 USD/ounce.
Gold Price Forecast
World gold prices increased in the context of the USD index sinking deeply. Recorded at 0:00 on September 27, the US Dollar Index measuring the fluctuations of the greenback against 6 major currencies was at 100.302 points (down 0.32%).
Gold’s continued record highs have many investors worried that the precious metal may have been pushed too far. But a new set of factors is pushing gold into a distinct bull run, one that could push it past $3,000 in the short term, according to Dylan Smith, senior economist at Rosenberg Research.
Gold is currently trading in a range of $2,610 to $2,690 an ounce, which suggests upside unless PCE or labor market data beats expectations, said Nicholas Frappell, head of global financial markets at ABC Refinery.
Although the US dollar has shown signs of recovery, it is not enough to stop the gold rally as the market is waiting for another large-scale interest rate cut by the US Federal Reserve (FED), said market analyst Tim Waterer of KCM Trade.
Gold prices have risen more than 29% since the beginning of 2024, hitting record highs several times, thanks to monetary easing policies of major central banks and geopolitical concerns.
Lower Interest Rate reduces the opportunity cost of holding gold, which is considered a safe asset amid economic and political uncertainty..
