SJC gold bar price
As of 5:50 PM, Phu Quy listed SJC gold bar prices at the threshold of 147.2-150.2 million VND/tael (buying - selling), an increase of 200,000 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 the threshold of 147.2-150.2 million VND/tael (buying - selling), an increase of 200,000 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 147.2-151.2 million VND/tael (buying - selling), down 800,000 VND/tael in both buying and selling directions. The buying - selling difference is at 4 million VND/tael.
9999 gold ring price
As of 5:50 PM, Phu Quy Gold and Gems Group listed the price of gold rings at the threshold of 147.2-150.2 million VND/tael (buying - selling), an increase of 200,000 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 the threshold of 147.7-151.7 million VND/tael (buying - selling), down 300,000 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 147.2-151.2 million VND/tael (buying - selling), down 800,000 VND/tael in both buying and selling directions. The difference between buying and selling is at 4 million VND/tael.
Jewelry gold price
As of 5:50 PM, Ancarat listed the price of 24K 9999 Gold Jewelry at 142-150 million VND/tael (buying - selling), down 1.2 million VND/tael in both buying and selling directions.
DOJI listed 9999 jewelry gold at the threshold of 146.5-150.5 million VND/tael (buying - selling), down 500,000 VND/tael in both buying and selling directions.
Bao Tin Minh Chau listed Thang Long 9999 Dragon Gold Jewelry at the threshold of 145.5-150.5 million VND/tael (buying - selling), down 500,000 VND/tael in both buying and selling directions.
World gold price
Recorded at 5:50 PM, world gold prices were listed around the threshold of 4,599.3 USD/ounce, up 23.9 USD/ounce.
Gold price forecast
After a strong increase in August, world gold prices are entering a sideways phase around the 4,600 USD/ounce zone as investors wait for new signals from the US Federal Reserve (Fed).
One of the important factors dominating the market today is the diễn biến of the USD and US bond yields. The weakening greenback and concerns about the US fiscal situation are driving cash flow to gold as a defensive asset. However, 10-year term bond yields are still maintained at a high level, causing the opportunity cost of holding gold to increase and limit the possibility of a strong breakthrough in the short term.
Recent US economic data shows that the picture is not completely clear. The labor market still maintains stability as the number of new jobless claims is lower than forecast, while inflation through the PCE index is still higher than the Fed's target of 2%. This makes investors cautious about the possibility that the US central bank will soon switch to a strong easing policy.
The focus of the market is currently on policy signals from the Fed. If the Fed sends a softer message, expectations of interest rate reductions may increase, creating momentum for gold thanks to the weakening USD and reduced real yields. Conversely, a tough stance on inflation may put more adjustment pressure on precious metals after a period of hot growth.
Regarding long-term factors, gold continues to be supported by the trend of diversification of reserves away from the USD, the demand for gold from central banks and the return of capital flows to gold ETF funds. Some international financial institutions believe that the precious metal still has room to increase in the next 12 months if factors such as the weakening USD, falling real interest rates and asset protection needs continue to be maintained.
Technically, the 4,600 USD/ounce zone is an important observation area. If gold prices exceed the resistance zone around 4,650-4,700 USD/ounce, the upward trend may be strengthened with higher targets. Conversely, if the support zone of 4,560 USD/ounce is lost, selling pressure may increase when investors take profit-taking.
Domestically, gold prices are still likely to fluctuate according to world trends, but the amplitude may be affected by the buying-selling spread being maintained at a high level. Investors need to be cautious with short-term transactions, because strong fluctuations around information from the Fed may cause prices to change rapidly in the near future.
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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