SJC gold bar price
As of 6:00 AM, Phu Quy Jewelry Group listed SJC gold bar prices at the threshold of 145.3-148.5 million VND/tael (buying - selling), an increase of 1.5 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3.2 million VND/tael.
SJC gold bar price is listed by DOJI at the threshold of 145.5-148.5 million VND/tael (buying - selling), an increase of 1.5 million 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 144.3-148 million VND/tael (buying - selling), an increase of 1.5 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3.7 million VND/tael.
9999 gold ring price
As of 6:00 AM, Phu Quy Gold and Gems Group listed the price of gold rings at 145-148 million VND/tael (buying - selling), an increase of 1.5 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.
DOJI listed gold ring prices at the threshold of 145.5-148.5 million VND/tael (buying - selling), an increase of 1.5 million 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 144.3-148 million VND/tael (buying - selling), an increase of 1.5 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at 3.7 million VND/tael.
World gold price
At 6:00 AM, world gold prices were listed around the threshold of 4,88.6 USD/ounce.
Gold price forecast
World gold prices are forecast to continue to experience volatile trading sessions in the coming time as the market is simultaneously affected by US monetary policy, USD developments and geopolitical factors.
According to a weekly gold survey by a precious metals website, cautious sentiment is prevailing on both Wall Street and individual investors. Among the experts surveyed, 44% believe gold prices may fall next week, 28% forecast an upward trend and 28% believe that precious metals will move sideways to accumulate.
Analysts believe that the recent adjustment of gold stems from the market increasing expectations that the US Federal Reserve (Fed) will maintain a tougher monetary policy to control inflation. The strengthening USD along with rising US bond yields has reduced the attractiveness of gold in the short term.
However, some Wall Street experts still assess that the current decline may only be a correction phase in the long-term trend. Mr. Adrian Day - Chairman of Adrian Day Asset Management - said that gold is still supported by many factors, including geopolitical risks, liquidity demand and the gold buying trend of central banks.
Meanwhile, analyst Darin Newsom from Barchart. com believes that cash flow may return to precious metals if fears of prolonged inflation persist. According to him, central banks' continued accumulation of gold may create a supporting foundation for prices in the near future.
In the opposite direction, some experts warn that gold may continue to be under pressure if US economic data is more positive, causing interest rate expectations to remain high longer. Expert Alex Kuptsikevich from FxPro believes that gold is still in the process of adjustment after many consecutive weeks of decline, although selling pressure has shown signs of weakening.
Technically, the 4,000 USD/ounce zone is being considered an important milestone. If this support zone is maintained, gold is likely to recover towards higher price zones. Conversely, breaking through the support threshold may increase selling pressure.
In the short term, gold prices are forecast to continue to fluctuate strongly in the face of US economic data, especially the jobs report and new inflation indicators. However, in the long term, safe-haven demand and the role of defense against economic risks are still expected to support the precious metal.
Gold price data is compared to the previous day.
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