SJC gold bar price
As of 6:00 AM, SJC gold bar prices were listed by DOJI Group at 187.9-190.9 million VND/tael (buying - selling), an increase of 3.9 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.
SJC gold bar price was listed by Bao Tin Minh Chau at the threshold of 187.9-190.9 million VND/tael (buying - selling), an increase of 3.9 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 187.9-190.9 million VND/tael (buying - selling), an increase of 3.9 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.
9999 gold ring price
As of 6:00 AM, DOJI Group listed the price of gold rings at 187.9-190.9 million VND/tael (buying - selling), an increase of 4.1 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 187.9-190.9 million VND/tael (buying - selling), an increase of 3.9 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.
Phu Quy Gold and Gems Group listed the price of gold rings at the threshold of 186.9-189.9 million VND/tael (buying - selling), an increase of 3.1 million VND/tael in both directions. The buying - selling difference 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 7:33 am, world gold prices were listed around the threshold of 5,359.8 USD/ounce. Compared to the previous day, world gold prices increased by 81.6 USD. However, compared to yesterday afternoon, this precious metal is trending downwards.
Gold price forecast
Gold prices increased but decreased by about 100 USD compared to the peak in the night session, while silver prices lost all previous gains and are plummeting. The strong increase of the USD index today - to the highest level in 5 weeks - is putting downward pressure on precious metals.
Profit-taking activities of short-term futures contract traders, along with selling pressure to liquidate weak buy positions, are dominating the market. In addition, the risk avoidance sentiment that once covered the general market in the night session and early morning session has somewhat eased towards noon.
The most recent April gold contract increased by $65, to $5,311.50/ounce. Meanwhile, silver for March delivery fell $4,877, to $87.645/ounce.
The money market narrowed expectations of interest rate cuts in the US, UK and the euro area in the first session of the week, as conflicts in the Middle East pushed oil prices up sharply and raised concerns about inflation.
According to Bloomberg: "The possibility that the US Federal Reserve (Fed) will cut interest rates three times in 2026 has fallen to 20%, from nearly 50% last week, according to data from policy meeting schedule swaps.
Traders also no longer expect the Bank of England (BoE) to implement three interest rate cuts this year and have reduced the probability of cuts in March to 60%, from over 80%. The possibility of the European Central Bank (ECB) cutting interest rates this year is also halved, currently the market only values a 5-billion basis cut.
The report also said that the yields of 2-year government bonds of the US, UK and Germany - the most sensitive group to monetary policy changes - have increased more sharply than longer terms. This reflects a significant increase in inflation indicators.
Regarding technical analysis, the next price increase target for buyers of the April gold contract is to close above the strong resistance level at the contract's record peak of 5,626.8 USD/ounce. Conversely, the short-term price decrease target for sellers is to pull the price below the important technical support zone of 5,000 USD/ounce.
The nearest resistance level is at the peak in the night session of 5,434.1 USD, followed by the 5,500 USD/ounce mark. The first support is the day's bottom of 5,272.9 USD, followed by 5,200 USD/ounce.
The market rating index according to the Wyckoff method is currently at 7.5 points, showing that the technical trend is still leaning towards price increase.
Gold price data is compared to the previous day.
See more news related to gold prices HERE...
