SJC gold bar price
As of 6:00 AM, SJC gold bar prices were listed by DOJI at the threshold of 138.8-143.8 million VND/tael (buying - selling), down 7.4 million VND/tael on the buying side and down 6.4 million VND/tael on the selling side. The difference between buying and selling prices is at the threshold of 5 million VND/tael.
SJC gold bar price was listed by Bao Tin Minh Chau at the threshold of 138.8-143.8 million VND/tael (buying - selling), down 7.4 million VND/tael on the buying side and down 6.4 million VND/tael on the selling side. The difference between buying and selling prices is at the threshold of 5 million VND/tael.
Phu Quy Jewelry Group listed SJC gold bar prices at the threshold of 138.8-143.8 million VND/tael (buying - selling), down 7.4 million VND/tael on the buying side and down 6.4 million VND/tael on the selling side. The difference between buying and selling prices is at the threshold of 5 million VND/tael.
9999 gold ring price
As of 6:00 AM, DOJI listed gold ring prices at the threshold of 138.8-143.8 million VND/tael (buying - selling), down 7.4 million VND/tael on the buying side and down 6.4 million VND/tael on the selling side. The difference between buying and selling prices is at the threshold of 5 million VND/tael.
Bao Tin Minh Chau listed gold ring prices at the threshold of 138.8-143.8 million VND/tael (buying - selling), down 7.4 million VND/tael on the buying side and down 6.4 million VND/tael on the selling side. The difference between buying and selling prices is at the threshold of 5 million VND/tael.
Phu Quy Gold and Gems Group listed the price of gold rings at the threshold of 138.8-143.8 million VND/tael (buying - selling), down 7.4 million VND/tael on the buying side and down 5.8 million VND/tael on the selling side. The difference between buying and selling prices is at the threshold of 5 million VND/tael.
The buying - selling price difference of gold is at a very high level, around 5 million VND/tael, posing a risk of losses for investors.
World gold price
At 1:20 am, world gold prices were listed around the threshold of 4,342 USD/ounce, down 14 USD/ounce compared to the previous day.
Gold price forecast
World gold prices are showing signs of slowing down after a sharp decline last weekend. Although selling pressure has somewhat cooled down, the precious metal is still under great pressure from the strengthening USD and expectations that interest rates in the US will remain at a higher level for longer.
The US May jobs report continues to be the dominant factor in market sentiment. Data shows that the US economy created 172,000 jobs, while the unemployment rate remained at 4.3%.
This development has narrowed expectations that the US Federal Reserve (Fed) will soon cut interest rates. When interest rates remain high, the opportunity cost of holding gold increases, thereby limiting the recovery momentum of precious metals.
In addition, the market is focusing its attention on the US May inflation report. This is considered an important data that can orient monetary policy expectations in the coming time. If inflation is higher than forecast, pressure on gold prices may increase as the market continues to bet on the possibility of the Fed maintaining a cautious stance.
Geopolitical factors in the Middle East still provide certain support for gold. Tensions between Israel and Iran caused oil prices to rise sharply at times, raising concerns about inflation risks. However, as oil prices cooled down and US stocks recovered, safe-haven demand for gold was no longer too strong.
Technically, analysts believe that the 4,300 USD/ounce zone is an important support threshold in the short term. If gold prices break through this zone, selling pressure may expand to around 4,239 USD/ounce, even 4,200 USD/ounce.
In the opposite direction, buyers need to bring prices back to the resistance zone of 4,340-4,460 USD/ounce to improve recovery prospects. If this zone is surpassed, gold prices may head towards higher levels such as 4,500 USD/ounce and 4,595 USD/ounce.
In the current context, gold prices are forecast to continue to fluctuate strongly according to US economic data, USD developments, bond yields and geopolitical situation. Investors need to be cautious with rapid ups and downs, especially when the buying-selling spread in the country is still high.
Gold price data is compared to the previous day.
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