SJC gold bar price
As of 6:45 PM, Phu Quy listed SJC gold bar prices at 144-147 million VND/tael (buying - selling), an increase of 1 million VND/tael in both buying and selling directions. The buying - selling difference is at 3 million VND/tael.
SJC gold bar price is listed by DOJI at 144-147 million VND/tael (buying - selling), an increase of 1 million VND/tael in both buying and selling directions. The buying - selling difference is at 3 million VND/tael.
Bao Tin Minh Chau listed SJC gold bar prices at the threshold of 144.1-148.1 million VND/tael (buying - selling), an increase of 1.1 million VND/tael in both buying and selling directions. The buying - selling difference is at 4 million VND/tael.
9999 gold ring price
As of 6:45 PM, Phu Quy Gold and Gems Group listed the price of gold rings at 144-147 million VND/tael (buying - selling), an increase of 1 million VND/tael in both buying and selling directions. The buying - selling difference is at 3 million VND/tael.
DOJI listed the price of gold rings at 144-148 million VND/tael (buying - selling), an increase of 1 million VND/tael in both buying and selling directions. The buying - selling difference is at 4 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at the threshold of 144.1-148.1 million VND/tael (buying - selling), an increase of 1.1 million VND/tael in both buying and selling directions. The buying - selling difference is at 4 million VND/tael.
World gold price
Recorded at 6:45 PM, world gold prices jumped to 105.3 USD to a multi-week high, listed around 4,596.3 USD/ounce.
Gold price forecast
World gold prices continue to maintain a positive trend as many supporting factors converge, from the weakening USD, expectations about US monetary policy to concerns related to public debt and global economic growth. With a strong increase this week, the precious metal is heading towards its third consecutive week of price increase.
The biggest driving force pushing gold prices comes from the weakening of the greenback. When the USD depreciates, gold becomes more attractive to investors holding other currencies, thereby supporting buying demand in the international market.
In addition, new fluctuations in US government bond yields also contribute to increasing the attractiveness of gold - an asset that does not generate regular cash flow but is considered a channel to preserve value during the period of instability.
The market is currently particularly interested in moves related to US public debt management. The US Treasury Department's increase in the scale of long-term bond repurchases is assessed to be likely to affect the yield level, thereby affecting monetary policy expectations in the coming time. If bond yields continue to cool down, gold may benefit when the opportunity cost of holding precious metals decreases.
In addition to financial factors, pressure from increased public debt and the need to diversify reserve assets of central banks are also important supports for gold prices. In the context of a volatile global economy, gold continues to be seen as an option to hedge long-term risks.
However, the outlook for gold prices still largely depends on new signals from the US Federal Reserve (Fed), especially the interest rate orientation in the last months of the year. Unexpected changes in monetary policy or a strong recovery of the USD may create adjustment pressure on the precious metal.
In the short term, with the continuous establishment of new high price zones, the market may experience fluctuations due to profit-taking activities of investors. However, if current supporting factors continue to be maintained, gold prices are still expected to have more room to increase in the coming time.
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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