SJC gold bar price
As of 6:00 AM, Phu Quy listed SJC gold bar prices at the threshold of 143.5-146.5 million VND/tael (buying - selling), down 1.1 million 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 143.5-146.5 million VND/tael (buying - selling), down 1.1 million 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 143.5-146.5 million VND/tael (buying - selling), both down 1.1 million VND/tael in both directions. The buying - selling difference is at 3 million VND/tael.
9999 gold ring price
Phu Quy Gold and Gems Group listed the price of gold rings at the threshold of 143.5-146.8 million VND/tael (buying - selling), simultaneously decreasing by 500,000 VND/tael in both buying and selling directions. The buying - selling difference is at 3.3 million VND/tael.
DOJI Group listed the price of gold rings at 145-149 million VND/tael (buying - selling), down 200,000 VND/tael in both buying and selling directions. The buying - selling difference is at 4 million VND/tael.
The price of gold rings was listed by Bao Tin Minh Chau at the threshold of 144.6-48.6 million VND/tael (buying - selling), down 700,000 VND/tael in both buying and selling directions. The buying - selling difference is at 4 million VND/tael.
Jewelry gold price
DOJI listed 9999 jewelry gold at the threshold of 143.5-147.5 million VND/tael (buying - selling), unchanged in both buying and selling directions compared to yesterday's closing session.
Bao Tin Minh Chau listed Thang Long 9999 Dragon Gold Jewelry at 142.6-147.6 million VND/tael (buying - selling), maintaining a decrease of 700,000 VND/tael in both buying and selling directions.
World gold price
The world gold price is listed at around 4,416.8 USD/ounce, down 12.5 USD.
Gold price forecast
Gold prices fell below 4,400 USD/ounce in yesterday's trading session as better-than-expected US jobs data continued to strengthen expectations that the US Federal Reserve (Fed) will raise interest rates, while investors turned their attention to inflation data expected to be released later this week.
Gold prices extended their decline after losing 1% last weekend, bringing spot gold prices back below the 4,400 USD/ounce threshold.
US businesses created an additional 162,000 jobs in August, exceeding expectations, while the unemployment rate remained unchanged. After this report, the market valued the probability of the Fed raising interest rates at the meeting on September 15-16 at around 60%.
Higher interest rates may increase the relative attractiveness of income-generating assets compared to gold - an interest-free asset.
The USD appreciated in Friday's session. A stronger greenback could also make gold valued in USD more expensive for buyers using other currencies.
Gold ended last week at 4,429 USD/ounce, down 0.6%, after continuously fluctuating above and below the 4,400 USD/ounce threshold due to market expectations about a change in Fed policy.
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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