SJC gold bar price
As of 9:20 am, SJC gold bar prices were listed by DOJI Group at the threshold of 182.8-185.8 million VND/tael (buying - selling), down 1.4 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.
SJC gold bar price was listed by Bao Tin Minh Chau at 183-185.8 million VND/tael (buying - selling), down 1.2 million VND/tael on the buying side and down 1.4 million VND/tael on the selling side. The difference between buying and selling prices is at 2.8 million VND/tael.
Phu Quy Jewelry Group listed SJC gold bar prices at 183-185.8 million VND/tael (buying - selling), down 1.4 million VND/tael on the buying side and down 1.6 million VND/tael on the selling side. The difference between buying and selling prices is at 2.8 million VND/tael.
9999 gold ring price
As of 9:25 am, DOJI Group listed the price of gold rings at 182.8-185.8 million VND/tael (buying - selling), down 1.4 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at 182.8-185.8 million VND/tael (buying - selling), down 1.4 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.
Phu Quy Gold and Gems Group listed the price of gold rings at 182.8-185.8 million VND/tael (buying - selling), down 1.2 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.
Currently, the buying - selling price difference of gold is at a very high level, around 3 million VND/tael, posing a risk of losses for investors.
World gold price
At 9:25 am, world gold prices were listed around 5,170.8 USD/ounce, down 26.9 USD compared to the previous day.
Gold price forecast
According to Kitco, world gold prices have recently been under adjustment pressure as a part of investors took advantage of profit-taking after a period of strong increase before. The recovery of the USD also contributed to the weakening of the precious metal in the short term, as investors temporarily shifted cash flow to other assets.
According to analysts, the current decline does not reflect a major change in the long-term trend of gold. Many economic and geopolitical risk factors are still present, which may continue to support demand for safe-haven assets.
Jim Wyckoff – senior market analyst at Kitco Metals – believes that the decline in gold and silver prices is mainly due to profit-taking after a period of strong growth. According to him, the recovery of the USD index also puts more pressure on the precious metals market in the short term. However, Wyckoff believes that the fundamentals of gold are still quite solid as investor sentiment has not declined significantly.
Some other experts also warn of potential risks to the global financial system. A report from Unicus Research suggests that the private credit market is accumulating many risks, which could trigger a prolonged period of economic recession if debt problems arise. In this scenario, gold is often seen as an asset with better value preservation than many other types of assets.
In addition, geopolitical factors are also closely monitored. Some analysts believe that if serious disruptions occur to the important energy transport route in the Middle East, the global financial market may be greatly affected. In the context of increasing instability, demand for gold may continue to be strengthened.
In addition to risk factors, gold investment demand is still maintained significantly. Some investment organizations and businesses in the digital asset sector have recently recorded large profits from gold-related transactions, showing that precious metals still attract capital flows during a volatile market period.
In the short term, the diễn biến of the USD and profit-taking activities may cause gold prices to fluctuate strongly. However, many experts believe that if economic and geopolitical risks continue to increase, gold is still likely to maintain its role as an important haven channel for investors.
Gold price data is compared to the previous day.
See more news related to gold prices HERE...
