SJC gold bar price
As of 6:00 AM, Phu Quy listed SJC gold bar prices at the threshold of 145.6-148.6 million VND/tael (buying - selling), an increase of 200,000 VND/tael in both buying and selling directions. The buying - selling difference is at 3 million VND/tael.
At the same time, SJC gold bar prices were listed by DOJI at the threshold of 145.6-148.6 million VND/tael (buying - selling), an increase of 200,000 VND/tael in both buying and selling directions. The buying - selling difference was at 3 million VND/tael.
SJC gold bar price was listed by Bao Tin Minh Chau at the threshold of 146.5-150.5 million VND/tael (buying - selling), an increase of 900,000 VND/tael in both buying and selling directions. The buying - selling difference is at 4 million VND/tael.
9999 gold ring price
As of 6:00 AM, Ancarat listed the price of Tich Tai 9999 Gold Ring at the threshold of 146.4-149.4 million VND/tael (buying - selling), an increase of 1.2 million VND/tael in both buying and selling directions. The buying - selling difference is at 3 million VND/tael.
Phu Quy Jewelry Group listed the price of gold rings at the threshold of 145.6-148.9 million VND/tael (buying - selling), an increase of 200,000 VND/tael on the buying side and an increase of 500,000 VND/tael on the selling side. The buying - selling difference is at 3.3 million VND/tael.
DOJI Group listed the price of gold rings at the threshold of 146.5-150.5 million VND/tael (buying - selling), an increase of 1 million VND/tael in both buying and selling directions. The buying - selling difference is at 4 million VND/tael.
The price of gold rings is listed by Bao Tin Minh Chau at the threshold of 146.5-150.5 million VND/tael (buying - selling), an increase of 900,000 VND/tael in both buying and selling directions. The difference between buying and selling is at 4 million VND/tael.
Jewelry gold price
As of 6:00 AM, Ancarat listed the price of 24K 9999 Gold Jewelry at 141.4-149.4 million VND/tael (buying - selling), an increase of 1 million VND/tael in both buying and selling directions.
DOJI listed 9999 jewelry gold at the threshold of 144.5-148.5 million VND/tael (buying - selling), an increase of 1 million VND/tael in both buying and selling directions.
Bao Tin Minh Chau listed Thang Long 9999 Dragon Gold Jewelry at the threshold of 144.5-149.5 million VND/tael (buying - selling), an increase of 900,000 VND/tael in both buying and selling directions.
World gold price
Recorded at 9:10 PM on September 4th, world gold prices were listed around the threshold of 4,420.2 USD/ounce, down 45.7 USD.
Gold price forecast
World gold prices are under adjustment pressure after the US August jobs report showed that the labor market still maintains strength, increasing the possibility that the US Federal Reserve (Fed) will continue to maintain a cautious monetary policy in the near future.
Newly released data shows that the number of non-farm jobs in the US increased more strongly than expected in August, while the unemployment rate remained at 4.1%. Positive signals from the labor market weakened expectations of the Fed's ability to cut interest rates in the short term, while supporting the USD and pushing US bond yields up.
This is a disadvantageous factor for gold, because precious metals do not create interest-rate cash flow. When bond yields increase, the opportunity cost to hold gold becomes higher, causing a part of investors to tend to adjust their positions.
After the previous strong recovery, world gold prices turned down, at times falling back to the 4,380 USD/ounce zone before stabilizing again. The market is currently focusing on monitoring important support zones around 4,304 USD/ounce and deeper at 4,263 USD/ounce. In the opposite direction, if buying pressure returns, gold needs to overcome the resistance zone of 4,422 USD/ounce to aim for higher targets around 4,465-4,487 USD/ounce.
Besides the interest rate factor, the diễn biến of oil prices and geopolitical situation are still important variables for the gold market. Instability related to energy supply may boost safe-haven demand, thereby creating support for precious metals. However, high oil prices also increase concerns about inflation, giving the Fed more reason to maintain a tough monetary policy.
In the short term, gold is forecast to continue to fluctuate strongly as the market balances between two opposite pulling forces: one is the need to defend against economic and geopolitical risks; the other is pressure from the USD, bond yields and the Fed's interest rate outlook. Inflation data to be released soon will be an important factor determining the next trend of gold prices.
Gold price data is compared to the previous day.
The information in the article only reflects market developments, not investment recommendations.
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