SJC gold bar price
As of 9:00 AM, SJC gold bar prices were listed by DOJI Group at the threshold of 168.5-171.5 million VND/tael (buying - selling), down 900,000 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 the threshold of 168.5-171.5 million VND/tael (buying - selling), down 900,000 VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.
Phu Quy Jewelry Group listed SJC gold bar prices at 168.5-171.5 million VND/tael (buying - selling), down 900,000 VND/tael in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.
9999 gold ring price
As of 9:00 AM, DOJI Group listed the price of gold rings at the threshold of 168.5-171.5 million VND/tael (buying - selling), down 900,000 VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at the threshold of 168.5-171.5 million VND/tael (buying - selling), down 900,000 VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.
Phu Quy Jewelry Group listed the price of gold rings at the threshold of 168.5-171.5 million VND/tael (buying - selling), down 700,000 VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 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 8:58 AM, world gold prices were listed around the threshold of 4, 721.5 USD/ounce, down 25.7 USD compared to the previous day.
Gold price forecast
Under profit-taking pressure after a period of strong increase, world gold prices are forecast to continue to fluctuate unpredictably in the short term. Many opinions on the international market show that cautious sentiment is prevailing, especially when the precious metal continuously fluctuates strongly in the face of information related to geopolitics, inflation and interest rate expectations.
Some Wall Street experts believe that gold is facing the risk of technical correction after a series of hot rallies. Notably, Mr. Darin Newsom - senior market analyst at Barchart. com - said that gold futures are approaching the area where short-term peaks could form.
According to this view, if the buying force is not strong enough to support the market, gold prices are likely to face additional adjustment pressure next week.
From the same cautious perspective, Mr. Colin Cieszynski - chief market strategist at SIA Wealth Management - believes that gold shows signs of shifting from a strong upward state to a wide-band accumulation phase.
This means that gold prices may continue to fluctuate strongly, but there is no clear enough basis to establish a sustainable new upward trend in the short term.
However, the gold market is not completely without support. One of the factors supporting prices is the stable buying demand from central banks. In the context of global geopolitical instability still existing, gold continues to be considered a highly defensive reserve asset.
Unlike many other types of financial assets, gold is not associated with partner risk and is not easily affected by cross-border sanctions or financial controls.
This is what makes the gold buying activity of central banks still maintained, even when the price is anchored at a high level. This is considered an important support for the market, helping gold limit the risk of deep decline whenever corrections appear.
Overall, gold prices in the coming time may continue to be interspersedly affected by short-term profit-taking pressure and long-term support from stockpiling demand. For investors, the current period requires higher caution, especially closely monitoring geopolitical developments, inflation data and cash flow trends to correctly assess the prospects of this precious metal.
Gold price data is compared to the previous day.
See more news related to gold prices HERE...
