SJC gold bar price
As of 6:00 AM, Phu Quy Jewelry Group listed SJC gold bar prices at 148-151.4 million VND/tael (buying - selling), unchanged in both buying and selling directions. The difference between buying and selling prices is at 3.4 million VND/tael.
SJC gold bar price was listed by DOJI at the threshold of 148.4-151.4 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.
SJC gold bar price is listed by Bao Tin Minh Chau at the threshold of 147.5-151 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.
9999 gold ring price
As of 6:00 AM, Phu Quy Gold and Gems Group listed the price of gold rings at 148-151 million VND/tael (buying - selling), unchanged in both buying and selling. The difference between buying and selling prices is at 3 million VND/tael.
DOJI listed the price of gold rings at the threshold of 148.4-151.4 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.
Bao Tin Minh Chau listed gold ring prices at the threshold of 147.5-151 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.
World gold price
At 6:00 AM, world gold prices were listed around the threshold of 4,174.1 USD/ounce.
Gold price forecast
Entering this week, the gold market is forecast to continue to be affected by a macroeconomic picture with many variables, in which the focus is still on the diễn biến of the USD and the expectations of the Fed's monetary policy. At the end of last week's session, spot world gold prices maintained around 4,174 USD/ounce, up more than 1% in the context of lower-than-expected jobs data in the US, thereby continuing to put pressure on the greenback and support precious metals.
According to records, gold prices fluctuate in the range of 4,120-4,196 USD/ounce, still unable to decisively overcome the psychological resistance zone of 4,200 USD/ounce but have maintained above the breakthrough zone after the jobs report. Meanwhile, the yield of 10-year US Treasury bonds around 4.5% shows that the market has not completely revalued in the direction of strong easing, making the gold trend still precarious between policy cooling expectations and the Fed's cautious view.
A noteworthy point is the diễn biến of energy markets. WTI and Brent oil prices are maintained around 68-72 USD/barrel, reflecting a more stable state of global supply, thereby reducing inflationary pressure in the short term. This makes cash flow into gold currently mainly from exchange rate and yield factors, instead of safe-haven demand due to geopolitical shocks.
In terms of forecasting, surveys with experts show that optimistic sentiment has clearly returned. Most opinions from international analysts believe that gold is in a period of accumulation and may form a short-term uptrend after maintaining the important support zone around the 4,000 USD/ounce mark. Some experts believe that the fact that gold prices have passed the three-month long correction phase shows that selling pressure has weakened, while buying demand from central banks and investment funds remains stable.
Notably, the Wall Street expert group in this week's survey leaned towards the scenario that gold prices continue to rise this week, with the opinion that pressure from weaker US economic data and expectations that the Fed cools down policy may create room for gold to retest higher resistance zones.
However, some cautious opinions also noted that the market is still sensitive to upcoming economic data, especially services and jobs, while holiday liquidity may make price fluctuations more unpredictable. In that context, the dominant trend of gold this week is forecast to fluctuate in a narrow range, leaning towards accumulation before establishing a clearer trend.
Gold price data is compared to the previous day.
See more news related to gold prices HERE...
