SJC gold bar price
As of 6:00 a.m. on November 9, the price of SJC gold bars listed by DOJI Group was at 82-86 million VND/tael (buy - sell).
Compared to the beginning of the previous trading session, the gold price at DOJI increased by 1 million VND/tael for buying and increased by 500,000 VND/tael for selling. The difference between the buying and selling prices of SJC gold at DOJI Group is at 4 million VND/tael.
Saigon Jewelry Company SJC listed the price of SJC gold at 82-86 million VND/tael (buy - sell).
Compared to the beginning of the previous trading session, the gold price at Saigon Jewelry Company SJC increased by 1 million VND/tael for buying and increased by 500,000 VND/tael for selling. The difference between the buying and selling price of SJC gold at Saigon Jewelry Company SJC is at 4 million VND/tael.
Bao Tin Minh Chau listed SJC gold price at 82.3-86 million VND/tael (buy - sell).
Compared to the beginning of the previous trading session, the gold price at Bao Tin Minh Chau increased by 1.3 million VND/tael for buying and increased by 500,000 VND/tael for selling. The difference between the buying and selling prices of SJC gold at Bao Tin Minh Chau is at 3.7 million VND/tael.
Currently, the difference between the buying and selling price of gold is listed at around 4 million VND/tael. Experts say that this difference is very high, causing investors to face the risk of losing money when investing in the short term.
9999 gold ring price
As of 6:00 a.m. on November 9, the price of 9999 Hung Thinh Vuong round gold rings at DOJI was listed at 83.35-85.15 million VND/tael (buy - sell), an increase of 2.35 million VND/tael for buying and 1.35 million VND/tael for selling compared to the beginning of the previous trading session.
Bao Tin Minh Chau listed the price of gold rings at 83.32-85.12 million VND/tael (buy - sell); an increase of 2.04 million VND/tael for buying and 1.04 million VND/tael for selling compared to the beginning of the previous trading session.
In recent sessions, the price of gold rings has often fluctuated in the same direction as the world market. Domestic investors can refer to the world gold price before investing or taking profits.
World gold price
As of 11:00 p.m. on November 8 (Vietnam time), the world gold price listed on Kitco recovered to 2,687.6 USD/ounce, down 8.7 USD/ounce compared to the beginning of the previous trading session.
Gold Price Forecast
World gold prices fell amid an increase in the USD index. Recorded at 11:00 p.m. on November 8, the US Dollar Index, which measures the greenback's fluctuations against six major currencies, stood at 104.612 points (up 0.23%).
According to Kitco - the world gold recovery was interrupted after the latest US economic data showed improved consumer optimism.
The University of Michigan said Friday that its preliminary survey of consumer sentiment rose to 73 in November. That was the highest level in seven months and up from October's final reading of 70.5. The data was better than expected, as economists had predicted a smaller increase of just 71.
Kitco senior analyst Jim Wyckoff said the gold market reacted very little to the Federal Open Market Committee (FOMC) of the US Federal Reserve (FED) cutting the main interest rate by 0.25% on Thursday afternoon.
Key outside markets today saw Nymex crude futures lower, trading around $71.50 a barrel. The benchmark 10-year US Treasury yield is currently at 4.308%.
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