SJC gold bar price
As of 9:00 AM, SJC gold bar prices were listed by DOJI Group at 170-173 million VND/tael (buying - selling), an increase of 1.5 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.
SJC gold bar price was listed by Bao Tin Minh Chau at 170-173 million VND/tael (buying - selling), an increase of 1.5 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.
Phu Quy Jewelry Group listed SJC gold bar prices at 170-173 million VND/tael (buying - selling), an increase of 1.5 million 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 gold ring prices at 170-173 million VND/tael (buying - selling), an increase of 1.5 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 the threshold of 169.7-172.7 million VND/tael (buying - selling), an increase of 1.2 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.
Phu Quy Jewelry Group listed the price of gold rings at the threshold of 169.7-172.7 million VND/tael (buying - selling), an increase of 1.2 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.
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 9:00 AM, world gold prices were listed around 4,761.1 USD/ounce, up 39.6 USD compared to the previous day.
Gold price forecast
World gold prices are being interspersedly affected by many factors, notably geopolitical developments, fluctuations in oil prices and monetary policy expectations of the US Federal Reserve (Fed). Although gold is considered a safe haven asset during the period of instability, recent developments show that this precious metal no longer increases inertically whenever a major shock occurs on the market.
According to Mr. Robin Brooks - senior expert at the Brookings Institution, gold currently shows signs of moving like a higher-risk asset rather than a traditional defense.
He believes that in the past weeks of fluctuations, gold prices have not shown a good "basement" role as usual, even the adjustment level is much stronger than many other financial assets. This assessment shows that speculative sentiment in the previous period of hot gold increase may have made the market more sensitive to short-term sell-offs.
However, some experts still believe that the current decline is not necessarily too negative a signal for the long-term trend. According to the SP Angel analysis group, the decline due to war-related factors may help the gold market "compress" some speculation, thereby creating a more stable foundation for the next phase.
In other words, the withdrawal of short-term cash flow may make gold prices less volatile and return to more clearly reflect basic factors.
In the short term, the market is still particularly sensitive to information related to the conflict in the Middle East. Oil prices rose sharply after the US-Iran talks broke down, raising concerns about inflation returning.
As inflationary pressure increases, the possibility of the Fed early cutting interest rates will be narrowed. This is a disadvantageous factor for gold, because maintaining high interest rates often reduces the attractiveness of non-performing assets.
In general, gold prices may continue to fluctuate strongly in the coming time as investors must simultaneously monitor geopolitical risks, oil price trends and messages from the Fed.
In the long term, gold still receives certain attention as a risk hedging channel, but in the short term, the possibility of volatility is still high and investors need to be especially cautious with too rapid ups and downs.
Gold price data is compared to the previous day.
See more news related to gold prices HERE...
