SJC gold bar price
As of 6:00 AM, SJC gold bar prices were listed by DOJI Group at 171-174.5 million VND/tael (buying - selling), unchanged in both buying and selling directions. The difference between buying and selling prices is at 3.5 million VND/tael.
Bao Tin Minh Chau listed SJC gold bars at the threshold of 171-174.5 million VND/tael (buying - selling), unchanged in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3.5 million VND/tael.
Phu Quy Jewelry Group listed SJC gold bar prices at 171-174.5 million VND/tael (buying - selling), unchanged in both buying and selling directions. The difference between buying and selling prices is at 3.5 million VND/tael.
9999 gold ring price
As of 6:00 AM, DOJI Group listed gold rings at the threshold of 171-174.5 million VND/tael (buying - selling), unchanged in both buying and selling directions. The difference between buying and selling prices is at 3.5 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at the threshold of 169.5-172.5 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 171-174 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 3-3.5 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 4,676 USD/ounce, unchanged compared to the previous day.
Gold price forecast
World gold prices have just closed a volatile week with a recovery trend, although market sentiment is still quite cautious in the face of geopolitical information and economic data from the US.
After many strong ups and downs, precious metals maintained around the high zone, showing that safe-haven cash flow is still present but not strong enough to create a clear breakthrough trend.
Gold prices next week are forecast to continue to fluctuate strongly in the context that the market is simultaneously affected by two major factors: US jobs data and escalating tensions in the Middle East. The US March jobs report shows that the labor market recovered better than forecast, thereby reducing expectations that the US Federal Reserve (FED) will soon cut interest rates.
This development is often not beneficial for gold, because when the ability to maintain a high interest rate level for a long time increases, the USD and US bond yields tend to rise, reducing the attractiveness of the precious metal.
However, this pressure is likely to be neutralized by geopolitical factors. US President Donald Trump's new warning regarding Iran and the Strait of Hormuz has increased concerns about widespread conflict in the Middle East. If tensions continue to escalate, demand for safe haven assets such as gold may increase, thereby supporting gold prices.
A weekly gold survey by an international precious metals website shows that Wall Street experts are leaning towards a cautious scenario in the short term. Among the 15 experts participating in the survey, 4 people, equivalent to 27%, believe that gold prices may continue to rise next week. In the opposite direction, 3 experts, accounting for 20%, predict that prices will weaken. Notably, the majority of the rest, equivalent to 53%, believe that the market is in a balanced state and has not shown strong enough signals to establish a new trend.
Meanwhile, individual investors are still more optimistic. The survey recorded 59% of opinions that gold prices will increase next week, reflecting expectations that the precious metal will continue to be supported by risk hedging demand.
Next week, gold price movements are likely to be greatly affected by the FED meeting minutes and a series of important US data such as GDP, core PCE and CPI. These will be decisive factors determining the next direction of the gold market.
Gold price data is compared to the previous day.
See more news related to gold prices HERE...
