SJC gold bar price
As of 6:00 a.m., the price of SJC gold bars was listed by DOJI Group at 152.9-154.9 million VND/tael (buy in - sell out). The difference between buying and selling prices is at 2 million VND/tael.
The price of SJC gold bars was listed by Bao Tin Minh Chau at 153.4-154.9 million VND/tael (buy in - sell out). The difference between buying and selling prices is at 1.5 million VND/tael.
Phu Quy Jewelry Group listed the price of SJC gold bars at 151.9-154.9 million VND/tael (buy in - sell out). The difference between buying and selling prices is at 3 million VND/tael.
9999 gold ring price
As of 6:00 a.m., DOJI Group listed the price of gold rings at 151-154 million VND/tael (buy in - sell out). The difference between buying and selling is 3 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at 151.5-154.5 million VND/tael (buy in - sell out). The difference between buying and selling is 3 million VND/tael.
Phu Quy Gold and Stone Group listed the price of gold rings at 150.7-153.7 million VND/tael (buy in - sell out). The difference between buying and selling prices is at 3 million VND/tael.
The high buying and selling distance increases the risk for individual investors. Personal investors, especially those with a "surfing" mentality, need to consider carefully before putting money down.
World gold price
The world gold price was listed at 6:00 a.m., at 4,218.4 USD/ounce.
Gold price forecast
Spot gold increased strongly, closing the week at 4,218.4 USD/ounce. Compared to the closing price of the previous trading session, world gold prices increased by about 3.8%, marking the fourth consecutive month of increase.
Bart Melek - Director of Global Commodity Strategy at TD Securities, commented: "It is expected that the economy will continue to grow slowly as we enter 2026, and the US Federal Reserve (Fed) is likely to cut interest rates - this is pulling some investors back to gold".
Recent dovish statements from Fed Governor Christopher Waller and New York Fed President John Williams, along with weaker economic data following the recent US government shutdown, have reinforced expectations of a Fed rate cut next month.
Traders now see an 87% chance of a rate cut in December, compared to 50% last week.
Cilberys technical charts have been more positive over the past week, and thats attracting speculators according to the chart analysis to participate in the buying position, said Jim Wyckoff, senior analyst at Kitco Metals.
Mr. Sameer Samana - Director of Global and Real Estate stocks at Wells Fargo Investment Institute commented that factors such as falling interest rates, high uncertainty, weak USD and the adjustment of the digital currency market are all strongly supporting gold. The long-term uptrend of gold remains intact, although the market may continue to adjust in the short term.
The Fed's interest rate cut reduces the opportunity cost of holding gold, thereby creating an important support for precious metal prices. This could also lead to further weakness in the US dollar over the next 12-15 months.
Note: Gold price data is compared to a day earlier.
The world gold market operates through two main valuation mechanisms. The first is the spot delivery market, where prices are quoted for transactions and spot deliveries.
Second is the futures contract market, which sets prices for future deliveries. Due to year-end book-taking activities, December gold contracts are currently the most actively traded on CME.
See more news related to gold prices HERE...
