SJC gold bar price
As of 6:00 PM, Phu Quy listed SJC gold bar prices at 142.4-145.4 million VND/tael (buying - selling), reversing to increase by 400,000 VND/tael in both buying and selling directions compared to this morning's trading session. The buying - selling difference is at 3 million VND/tael.
At the same time, SJC gold bar prices were listed by DOJI at 142.4-145.4 million VND/tael (buying - selling), an increase of 400,000 VND/tael in both buying and selling directions. The difference between buying and selling was at 3 million VND/tael.
SJC gold bar price was listed by Bao Tin Minh Chau at 142.4-145.4 million VND/tael (buying - selling), an increase of 400,000 VND/tael in both buying and selling 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 142.4-145.8 million VND/tael (buying - selling), increasing by 400,000 VND/tael and 300,000 VND/tael respectively compared to this morning's trading session. The buying - selling difference is at 3.4 million VND/tael.
DOJI Group listed gold ring prices at the threshold of 142.8-146.8 million VND/tael (buying - selling), both increasing by 300,000 VND/tael in both 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 142.6-146.6 million VND/tael (buying - selling), both increasing by 200,000 VND/tael in both directions. The buying - selling difference is at 4 million VND/tael.
Jewelry gold price
DOJI listed 9999 jewelry gold at 142-146 million VND/tael (buying - selling), increasing by 1 million VND/tael and 2 million VND/tael respectively.
Bao Tin Minh Chau listed Thang Long 9999 Dragon Gold Jewelry at the threshold of 140.6-145.6 million VND/tael (buying - selling), simultaneously increasing by 1.4 million VND/tael in both buying and selling directions.
World gold price
Recorded at 6 pm, world gold prices were listed around the threshold of 4,340.7 USD/ounce, up 25.1 USD (up nearly 1%).
Gold price forecast
Gold prices recovered at the end of today's trading session as oil prices fell and investors waited for a key US inflation report to find more clues about the monetary policy orientation of the US Federal Reserve (Fed).
Although it has increased by nearly 1%, spot gold prices are still heading for a week of decline. Gold prices fell nearly 2% in yesterday's trading session after production price index (PPI) data showed prices increased in line with expectations in August, amid the recovery of energy product costs.
According to analysts, the precious metal is benefiting from lower oil prices, amid expectations that the meeting between GCC and Iranian ministers on Monday could bring results related to oil transportation through the Strait of Hormuz.
In addition, buying force once again appeared in front of the important support zone around 4,300 USD/ounce.
Higher oil prices increase concerns about inflation and strengthen expectations of the Fed raising interest rates. While gold is often seen as an inflation hedging tool, higher interest rates reduce the attractiveness of gold - a non-performing asset.
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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