SJC gold bar price
As of 6:00 AM, SJC gold bar prices were listed by DOJI Group at 182-185 million VND/tael (buying - selling). The difference between buying and selling prices is at 3 million VND/tael.
SJC gold bar price is listed by Bao Tin Minh Chau at 182-185 million VND/tael (buying - selling). The difference between buying and selling prices is at 3 million VND/tael.
Phu Quy Jewelry Group listed SJC gold bar prices at 181-183.8 million VND/tael (buying - selling). The difference between buying and selling prices is at 2.8 million VND/tael.
9999 gold ring price
As of 6:00 AM, DOJI Group listed gold ring prices at 182-185 million VND/tael (buying - selling). The difference between buying and selling prices is at 3 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at 182-185 million VND/tael (buying - selling). The difference between buying and selling prices is at 3 million VND/tael.
Phu Quy Gold and Gems Group listed the price of gold rings at 182-185 million VND/tael (buying - selling). The difference between buying and selling prices is at 3 million VND/tael.
Currently, the buying - selling price difference of gold is at a very high level, around 3 million VND/tael, posing a risk of losses for investors.
World gold price
At 5:59 AM, world gold prices were listed around the threshold of 5,172 USD/ounce.
Gold price forecast
Kitco's latest weekly gold survey shows that Wall Street analysts are having a rather cautious view of gold price trends in the short term, after the precious metal experienced a week of strong fluctuations.
Among the 18 experts participating in the survey, 9 people (equivalent to 50%) believe that gold prices may continue to rise this week. Meanwhile, 4 experts, accounting for 22%, predict that the precious metal is likely to decrease in price. The rest, about 28%, believe that the market is in a balanced state, as supporting factors and risks coexist.
In the group of individual investors, optimistic sentiment still prevailed. Kitco's online survey recorded 340 participation votes, of which 62% believe that gold prices may increase next week. About 16% forecast prices will decrease, and 22% believe that the market may continue to fluctuate sideways.
Experts predict that gold fluctuations in the near future are likely to be greatly affected by US economic data, especially indicators related to inflation and growth. Information such as the consumer price index (CPI), the number of unemployment claims or housing market data may strongly impact the monetary policy expectations of the US Federal Reserve (Fed).
Besides economic factors, geopolitical tensions in the Middle East are also attracting market attention. New developments related to conflicts in this region have caused cash flow to return to gold as a safe-haven asset.
According to Mr. Jonathan Da Silva - precious metal market analyst at Kitco, gold prices are currently still maintaining an important support zone around the 5,100 USD/ounce mark. He believes that as long as this support level is not broken, the upward trend of gold in the medium term will still be maintained.
This expert also said that buying power in the market is aiming to reconquer the nearly 5,360 USD/ounce peak. However, if lower peaks appear in the coming sessions, the market may enter a period of accumulation fluctuation or slight correction in the short term.
In general, many analysts still maintain a positive view of gold in the context of strong buying demand from central banks, along with expectations that the Fed may ease monetary policy this year.
Gold price data is compared to the previous day.
See more news related to gold prices HERE...
