Update SJC gold price
As of 6:00 a.m., the price of SJC gold bars was listed by Saigon Jewelry Company at VND86.8-88.8 million/tael (buy - sell); both buying and selling prices remained unchanged compared to the beginning of the previous trading session.
The difference between buying and selling price of SJC gold at Saigon Jewelry Company is at 2 million VND/tael.
Meanwhile, DOJI Group listed the price of SJC gold at 86.9-88.9 million VND/tael (buy - sell); both buying and selling prices remained unchanged compared to the beginning of the previous trading session.
The difference between buying and selling price of SJC gold at DOJI Group is at 2 million VND/tael.
Bao Tin Minh Chau listed SJC gold price at 86.9-88.9 million VND/tael (buy - sell); increased by 100,000 VND/tael for both buying and selling compared to the beginning of the previous trading session.
The difference between buying and selling price of SJC gold at Bao Tin Minh Chau is at 2 million VND/tael.
Price of round gold ring 9999
As of 6:00 a.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 86.6-88.1 million VND/tael (buy - sell); both buying and selling prices remain unchanged compared to the beginning of the trading session yesterday morning.
Bao Tin Minh Chau listed the price of gold rings at 86.6-88.9 million VND/tael (buy - sell), keeping both buying and selling prices unchanged compared to early this morning.
World gold price
As of 6:00 a.m. on February 3, the world gold price listed on Kitco was at 2,797.9 USD/ounce.
Gold Price Forecast
World gold prices remain high despite the increase in the USD index. Recorded at 6:00 a.m. on February 3, the US Dollar Index, which measures the greenback's fluctuations against six major currencies, was at 108.220 points (up 0.55%).
Gold prices remain supported by concerns about tariffs, inflation and safe-haven demand. Many experts have very positive views on gold prices in the short term.
The latest Kitco News weekly gold survey shows that industry experts remain bullish on the precious metal, while retail investors also see higher prices in the near future.
Nine experts, or 69%, expect gold prices to break record highs this week. Four experts, or 31%, predict gold prices will fall. None expect gold to trade sideways or consolidate this week.
Meanwhile, 147 investors participated in Kitco's online poll, with retail investors as bullish as the professionals.
101 traders, or 69%, forecast gold prices to rise next week, while 27, or 18%, expect gold to fall. The remaining 19 investors, or 13% of the total, believe gold will move sideways in the short term.
Gold and silver flows into New York vaults are surging at an unprecedented rate, as banks and investors are hoarding the metal as a hedge against the risk of US tariffs on Mexico and Canada - the world's two largest silver producers - under President Donald Trump.
According to commodity analysts at BMO Capital Markets, citing Swiss gold export data, 64.2 tonnes of gold flowed into Comex warehouses in New York in December 2024, up 19.5 times from 3.3 tonnes imported in December 2023.
See more news related to gold prices HERE...
