SJC gold bar price
As of 7:00 PM, SJC gold bar prices were listed by DOJI Group at the threshold of 169.8-172.8 million VND/tael (buying - selling), an increase of 1.2 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 169.8-172.8 million VND/tael (buying - selling), an increase of 1.2 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.
Phu Quy Jewelry Group listed SJC gold bar prices at the threshold of 169.8-172.8 million VND/tael (buying - selling), an increase of 1.2 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.
9999 gold ring price
As of 7:00 PM, DOJI Group listed the price of gold rings at the threshold of 169.8-172.8 million VND/tael (buying - selling), an increase of 1.2 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 the threshold of 169.8-172.8 million VND/tael (buying - selling), an increase of 1.2 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.
Phu Quy Gold and Gems Group listed the price of gold rings at 169.6-172.6 million VND/tael (buying - selling), an increase of 1 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at 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, world gold prices were listed around the threshold of 4,493 USD/ounce, down 1.7 USD compared to the previous day.
Gold price forecast
After a week of strong fluctuations but without losing important support levels, the world gold market is sending more positive signals in the short term.
The recovery trend towards the end of the week has helped investor sentiment improve significantly, in the context that many opinions suggest that the precious metal may have passed the strongest correction and is gradually regaining its upward trend.
Kitco's latest survey shows that Wall Street analysts have returned to a more optimistic view of gold prices. Meanwhile, individual investors also reversed their sentiment in a positive direction after witnessing gold maintaining an important support zone and rebounding in the last sessions of the week. This development shows that confidence in gold's upward prospects has not been broken, despite profit-taking pressure and previous strong fluctuations.
Mr. James Stanley - senior market strategist at Forex. com - said that the recovery trend at the end of the week is an encouraging sign for buyers.
According to him, in the current macroeconomic context, there are not many reasons to give up a positive view on gold, even when the market has just experienced a large amplitude correction. This opinion reflects the expectation that the recent decline may only be technical, instead of signaling a prolonged weakening trend.
Sharing the same view, Mr. Adrian Day - Chairman of Adrian Day Asset Management - believes that gold prices may still have alternating ups and downs next week, but the main trend is still in the upside.
According to this expert, if geopolitical factors subside, the market will shift more attention to monetary factors, especially interest rate prospects and US economic health. These are variables that have a very large impact on the next direction of gold.
In the short term, the market will focus its attention on the US jobs report and a series of important economic data. If the data shows a weakening economy and strengthens expectations of monetary policy easing, gold prices may continue to be supported.
Conversely, a strong USD increase or risk avoidance may put gold under adjustment pressure. However, with demand still present when prices retreat to support zones, gold is assessed to have many opportunities to maintain a positive trend in the coming time.
Gold price data is compared to the previous day.
See more news related to gold prices HERE...
