SJC gold bar price
As of 6:00 PM, Saigon SJC Jewelry Company listed SJC gold bar prices at 143.6-146.6 million VND/tael (buying - selling), down 1 million VND/tael in both directions compared to the closing session yesterday. The buying - selling difference is at 3 million VND/tael.
Similarly, DOJI listed SJC gold price at 143.6-146.6 million VND/tael (buying - selling), both down 1 million VND/tael in both directions compared to the previous session's close. The buying - selling difference is at 3 million VND/tael.
Phu Quy listed SJC gold bar prices at the threshold of 143.6-146.6 million VND/tael (buying - selling), simultaneously decreasing by 1 million VND/tael in both directions compared to yesterday's closing session. The buying - selling difference is at 3 million VND/tael.
9999 gold ring price
At the same time, Saigon Jewelry Company SJC listed the price of gold rings at the threshold of 143.1 - 146.1 million VND/tael (buying - selling), down 1 million VND/tael in both directions compared to the previous closing session. The buying - selling difference was at 3 million VND/tael.
DOJI Group listed the price of gold rings at the threshold of 143.6-147.6 million VND/tael (buying - selling), down an additional 400,000 VND/tael in each transaction direction. The buying - selling difference is at 4 million VND/tael.
Phu Quy Gold and Gems Group listed the price of gold rings at the threshold of 143.6-146.6 million VND/tael (buying - selling), a sharp decrease of 1 million VND/tael in both directions. The buying - selling difference is at 3 million VND/tael.
Jewelry gold price
DOJI listed 9999 jewelry gold at 142-146 million VND/tael (buying - selling), unchanged compared to the previous closing session.
Phu Quy listed 9999 jewelry gold at the threshold of 140.5-145.5 million VND/tael (buying - selling), reversing to decrease by 1 million VND/tael in both directions.
World gold price
Recorded at 6:15 PM, the world gold price was listed at the threshold of 4, 345.8 USD/ounce, down 31 USD/ounce (equivalent to about 0.71%).
Gold price forecast
Gold bars traded around 4,345 USD/ounce, after recording a slight increase last week. Many Fed policymakers are expected to speak out publicly this week after voting to increase interest rates by 0.25 percentage points at the meeting on 15-16. 9. This move is aimed at efforts to cool down inflation, which has not yet fallen below the Fed's target of 2% in more than five years.
Minneapolis Fed Chairman Neel Kashkari was the first to speak out, saying on Sunday that inflation is still too high and price pressure has spread beyond the oil price shock from the Iran war.
Oil prices remained flat as traders monitored supply risks in the Middle East earlier this week, which would see increased diplomatic activity related to the war between the US and Iran.
US President Donald Trump said he "may" be ready for a meeting with his Iranian counterpart, Masoud Pezeshkian, on the sidelines of the United Nations General Assembly in New York. Qatari Prime Minister said messages are being transferred between the two sides.
Higher energy prices also further reinforce bets on interest rates remaining high for longer - a disadvantage for non-performing assets like gold bars.
The market has relieved concerns when the Fed decided to raise interest rates, despite repeated calls for interest rate cuts from President Donald Trump.
Analysts believe that most of the market has overcome the story of the Fed's independence after the interest rate hike, while future policy orientation on interest rates is as expected. During this period, gold prices are likely to trade closely following the fluctuations of oil prices and overall inflation prospects.
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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