Update SJC gold price
As of 6:00 a.m., DOJI Group listed the price of SJC gold bars at VND83-85.5 million/tael (buy - sell); an increase of VND200,000/tael in both directions compared to the opening of the trading session yesterday morning.
The difference between buying and selling price of SJC gold at DOJI Group is at 2.5 million VND/tael.
Meanwhile, Saigon Jewelry Company listed the price of SJC gold at 83-85.5 million VND/tael (buy - sell); an increase of 200,000 VND/tael in both directions compared to the opening of the trading session yesterday morning.
The difference between buying and selling price of SJC gold at Saigon Jewelry Company is at 2.5 million VND/tael.
Bao Tin Minh Chau listed the price of SJC gold at 83-85.5 million VND/tael (buy - sell); an increase of 200,000 VND/tael in both directions compared to the opening of the trading session yesterday morning.
The difference between buying and selling price of SJC gold at Saigon Jewelry Company is at 2.5 million VND/tael.
The difference between buying and selling gold prices is listed at around 2.5 million VND/tael. Although it has decreased compared to the previous trading session, this difference is still very high.
This price difference is a factor that investors need to consider when participating in the gold market. It directly affects the ability to make profits, especially in the short term.
Price of round gold ring 9999
As of 6:00 a.m. today, the price of Hung Thinh Vuong 9999 gold rings at DOJI is listed at 83.3-84.3 million VND/tael (buy - sell); an increase of 400,000 VND/tael for both buying and selling compared to early this morning.
Bao Tin Minh Chau listed the price of gold rings at 83.28-84.38 million VND/tael (buy - sell); increased by 200,000 VND/tael for buying and increased by 100,000 VND/tael for selling.
World gold price
As of 2:10 a.m. on December 4 (Vietnam time), the world gold price listed on Kitco was at 2,645.3 USD/ounce, down 1.6 compared to the beginning of the previous trading session.
Gold Price Forecast
World gold prices did not change much in the context of the USD index falling. Recorded at 2:10 a.m. on December 4, the US Dollar Index, which measures the greenback's fluctuations against 6 major currencies, was at 106.145 points (down 0.26%).
Gold prices are being supported by two factors: a slight decline in the US dollar index and higher crude oil prices. In addition, there is a possibility of safe-haven buying following the news of South Korea declaring martial law.
Elsewhere, the French government faced a no-confidence vote on Wednesday against Prime Minister Michel Barnier, after he tried to pass part of the 2025 government budget by invoking a constitutional provision that allows him to bypass the legislative process.
According to Bloomberg, the French parliament failed to address the country's growing budget deficit, raising concerns that investors could continue to turn away from the country. Prime Minister Michel Barnier warned of a "storm" in financial markets if he was removed. "A collapse of the government is a scenario that investors have not fully considered," a Bloomberg report said. This situation is also being closely watched by financial markets and precious metals traders.
If Mr Barnier’s government is forced to resign, it would be the first time a French government has been brought down by a no-confidence motion since 1962. This would create a power vacuum in Europe, especially as Germany heads into an election and the US prepares for the return of President-elect Donald Trump.
This week is packed with U.S. economic data, including Friday’s monthly jobs report from the Labor Department. Nonfarm payrolls likely increased by about 200,000 in November, according to a Bloomberg survey.
Today’s peripheral factors recorded the price of crude oil futures on the Nymex exchange increased and traded around $ 70 / barrel. The yield of 10-year US Treasury bonds is currently around 4.21%.
Commodity analysts at Goldman Sachs - one of the world's largest investment banks and financial institutions - have reaffirmed their view that gold prices will reach $3,000/ounce by the end of 2025.
See more news related to gold prices HERE...
