SJC gold bar price
As of 6:00 AM, SJC gold bar prices were listed by DOJI at 163-166 million VND/tael (buying - selling), unchanged in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.
SJC gold bar prices were listed by Bao Tin Minh Chau at the threshold of 163-166 million VND/tael (buying - selling), unchanged 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 163-166 million VND/tael (buying - selling), unchanged 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 listed the price of gold rings at 163-166 million VND/tael (buying - selling), unchanged in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.
Bao Tin Minh Chau listed gold ring prices at the threshold of 163-166 million VND/tael (buying - selling), unchanged 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 163-166 million VND/tael (buying - selling), unchanged 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, 613.4 USD/ounce, down 23.7 USD/ounce.
Gold price forecast
The latest survey by Kitco News shows that the market is strongly differentiated in terms of gold price prospects in the short term. About half of Wall Street experts and individual investors expect the precious metal to recover next week, while nearly 1/3 forecast that the downward trend will continue.
Cautious sentiment appears in the context that gold prices have just experienced a week of strong fluctuations, under pressure from monetary policy and geopolitical developments. However, some experts believe that the recent adjustment may create a foundation for a new upward wave.
Mr. Rich Checkan – Chairman of Asset Strategies International – said that gold prices may soon recover after the sell-off related to the meeting of the US Federal Reserve (Fed). According to him, tensions in the Middle East are still an important supporting factor, but a sustainable upward trend will only form when geopolitical conflicts actually cool down.
From a technical perspective, Mr. James Stanley - senior market strategist at Forex. com - believes that the upward trend is still being maintained, although the market lacks clear breakthrough momentum. He emphasized that the buying side still "holds its position" quite well and there is no significant reversal signal.
Meanwhile, some other opinions suggest that gold prices may continue to fluctuate widely when interspersed with impacts from oil prices, inflation and interest rate expectations. The developments of the energy market and US economic data, especially the April jobs report, will play a key role in orienting the price trend next week.
In addition, geopolitical risk factors still have the potential to create unexpected fluctuations. If tensions in the Middle East escalate or a new shock to energy supply appears, gold prices may quickly regain their role as a safe haven asset. Conversely, in the scenario of increased "risk-loving" sentiment, precious metals may continue to be under adjustment pressure.
In general, the market is entering a sensitive phase when macroeconomic and geopolitical factors simultaneously dominate, making the short-term gold price trend difficult to clearly define.
Gold price data is compared to the previous day.
The world gold and silver market operates through two main pricing mechanisms. The first is the spot market, where the buying and selling and immediate delivery prices are listed. The second is the futures market, where prices are set for future delivery.
Due to the impact of year-end position restructuring and market liquidity, the December gold futures contract is currently the most actively traded contract on the CME exchange.
See more news related to gold prices HERE...
