Update SJC gold price
As of 6:00 a.m., the price of SJC gold bars was listed by Saigon Jewelry Company at VND88-91 million/tael (buy - sell); an increase of VND400,000/tael for buying and VND900,000/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 3 million VND/tael.
Meanwhile, the price of SJC gold bars was listed by DOJI Group at 88-91 million VND/tael (buy - sell); an increase of 400,000 VND/tael for buying and 900,000 VND/tael for selling compared to the beginning of the previous trading session.
The difference between buying and selling prices of SJC gold at DOJI Group is at 3 million VND/tael.
The price of SJC gold bars is listed by Bao Tin Minh Chau at 88.2-90.95 million VND/tael (buy - sell). The difference between the buying and selling price of SJC gold at Bao Tin Minh Chau is 2.75 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 88.2-91 million VND/tael (buy - sell); an increase of 200,000 VND/tael for buying and an increase of 1 million 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 is 2.8 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at 88.2-90.95 million VND/tael (buy - sell), an increase of 100,000 VND/tael for buying and 900,000 VND/tael for selling compared to the beginning of yesterday's trading session. The difference between buying and selling is at 2.75 million VND/tael.
World gold price
As of 0:38 on February 6, the world gold price listed on Kitco was at 2,873.1 USD/ounce, up 29.2 USD/ounce compared to the beginning of the previous trading session.
Gold Price Forecast
World gold prices continue to rise amid a sharp decline in the USD index. Recorded at 0:40 on February 6, the US Dollar Index, which measures the greenback's fluctuations against six major currencies, was at 107,330 points (down 0.45%).
According to Kitco, gold prices are on the rise and reaching new historical highs. Safe-haven demand continues to push this precious metal to unprecedented price levels.
Traders and investors remain concerned about the unpredictable policies of US President Donald Trump. Trade tensions between the US and China are rising as both countries this week raised tariffs and took other confrontational trade measures.
April gold futures rose $22.10 to $2,898 an ounce. March silver futures hit a seven-week high overnight but are now down 52 cents at $32.97 an ounce.
Mr Trump’s recent policy moves are overshadowing the usual US economic data. The US January jobs report will be released on Friday, with non-farm payrolls forecast to increase by 169,000, down from the 256,000 increase in December.
Technically, the April gold futures bulls have the upper hand in the short term, as prices continue to rise on the daily chart. Their next target is to push prices above $3,000/ounce, which is a key resistance level.
On the other hand, the bears will try to push the price below $2,800/ounce, which is considered a strong support zone. Currently, the nearest resistance is at $2,906/ounce (today's high), followed by $2,915/ounce. Meanwhile, the first support level is at $2,870.1/ounce (overnight low), followed by $2,850/ounce.
In the outside market, Nymex crude oil futures also fell, trading around $71 a barrel. The yield on 10-year US Treasury bonds is currently around 4.4%.
See more news related to gold prices HERE...
