Gold price update morning 5.2: All-time high

Khương Duy (Theo Kitco, Bloomberg) |

Gold price update morning 5.2: World gold price increased sharply, reaching an all-time high.

Update SJC gold price

As of 6:00 a.m., the price of SJC gold bars was listed by Saigon Jewelry Company at VND87.6-90.1 million/tael (buy - sell); down VND200,000/tael for buying and up VND300,000/tael for selling 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 2.5 million VND/tael.

Cap nhat gia vang SJC.
Update SJC gold price.
Dien bien gia vang mieng SJC nhung phien gan day. Bieu do: Khuong Duy
Price movements of SJC gold bars in recent sessions. Chart: Dinh Hiep

Meanwhile, the price of SJC gold bars was listed by DOJI Group at 87.6-90.1 million VND/tael (buy - sell); down 200,000 VND/tael for buying and up 300,000 VND/tael for selling compared to the beginning of the previous trading session.

The difference between buying and selling price of SJC gold at DOJI Group is at 2.5 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 88-90 million VND/tael (buy - sell); down 100,000 VND/tael for buying and up 500,000 VND/tael for selling compared to the beginning of yesterday's trading session.

The difference between buying and selling price of 9999 Hung Thinh Vuong round gold ring at DOJI increased from 1.4 million to 2 million VND/tael.

Dien bien gia vang nhan tron tron 9999 thoi gian gan day. Bieu do: Khuong Duy
Recent price developments of 9999 smooth round gold rings. Chart: Dinh Hiep

Bao Tin Minh Chau listed the price of gold rings at 88.1-90.05 million VND/tael (buy - sell), an increase of 300,000 VND/tael for both buying and selling compared to the beginning of yesterday's trading session. The difference between buying and selling is at 1.95 million VND/tael.

World gold price

As of 1:05 a.m. on February 5, the world gold price listed on Kitco was at 2,843.9 USD/ounce, up 30 USD/ounce compared to the beginning of the previous trading session, the highest level ever.

Dien bien gia vang the gioi. Nguon: Kitco
World gold price developments. Source: Kitco

Gold Price Forecast

World gold prices increased sharply in the context of a sharp decline in the USD index. Recorded at 1:05 a.m. on February 5, the US Dollar Index, which measures the fluctuations of the greenback against 6 major currencies, was at 107.860 points (down 0.93%).

Gold prices rose sharply, continuing to set new record highs due to many supporting factors. Early selling pressure was quickly absorbed by strong buying from investors as prices fell. A sharp decline in the USD index along with increased safe-haven demand supported gold's rise. Gold futures for April delivery rose $12.3 to $2,869.8 an ounce. Meanwhile, silver futures for March delivery rose $0.464 to $32.995 an ounce.

US President Donald Trump agreed to delay by a month the imposition of trade tariffs on Mexico and Canada after talks with Mexican President Sheinbaum and Canadian Prime Minister Trudeau. However, the US still formally imposed new tariffs on China on Tuesday. In response, China immediately imposed retaliatory tariffs and announced an investigation into Google.

Traders and investors are likely to remain concerned as the Trump administration introduces more policies that could disrupt markets.

In other developments, Nymex crude oil futures also fell slightly, trading around $73 a barrel. Bloomberg commented: "Oil has erased all of this year's gains as trade tensions threaten global growth and energy demand." The yield on 10-year US Treasury bonds is currently at 4.531%.

See more news related to gold prices HERE...

Khương Duy (Theo Kitco, Bloomberg)
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Update on gold price closing session 4.2: Potential risk of loss

Khương Duy |

Update on the closing price of gold on February 4: Domestic gold fluctuated strongly. The difference between buying and selling prices increased, causing investors to face the risk of losses.

Gold price hits peak near God of Wealth day, people rush to buy

HOÀNG XUYẾN - VIỆT ANH |

As the God of Wealth Day approaches, the price of gold rings has increased, surpassing VND90 million per tael. However, many people still line up to buy gold to store and pray for good luck.

Money flows in, gold price hits record high

Khương Duy (Theo Reuters, Kitco) |

Gold prices hit a new high as safe-haven flows surged after the US tariff decision. Spot gold hit $2,830.49 an ounce on Monday.