Gold price today, October 15: All increased

Updated SJC gold price

As of 9:00 a.m., DOJI Group listed the price of SJC gold bars at 145.3-147.3 million VND/tael (buy - sell), an increase of 1.2 million VND/tael for buying and an increase of 900,000 VND/tael for selling. The difference between buying and selling prices is at 2 million VND/tael.

The price of SJC gold bars was listed by Bao Tin Minh Chau at 144.9-146.4 million VND/tael (buy - sell), moving sideways in the buying direction and down 500,000 VND/tael in the selling direction. The difference between buying and selling prices is at 1.5 million VND/tael.

Phu Quy Gold and Stone Group listed the price of SJC gold bars at VND 144.5-147.3 million/tael (buy - sell), an increase of VND 400,000/tael for buying and an increase of VND 900,000/tael for selling. The difference between buying and selling prices is at 2.8 million VND/tael.

9999 round gold ring price

As of 9:00 a.m., DOJI Group listed the price of gold rings at 143.5-146.5 million VND/tael (buy - sell), an increase of 300,000 VND/tael for buying and an increase of 1 million VND/tael for selling. The difference between buying and selling is 3 million VND/tael.

Bao Tin Minh Chau listed the price of gold rings at 143.6-146.6 million VND/tael (buy - sell), down 300,000 VND/tael in both directions. The difference between buying and selling is 3 million VND/tael.

Phu Quy Gold and Stone Group listed the price of gold rings at 143.8-146.8 million VND/tael (buy - sell), an increase of 1.4 million VND/tael in both directions. The difference between buying and selling is 3 million VND/tael.

The buying-selling gap is pushed up too high, increasing the risk for individual investors. Personal investors, especially those with a "surfing" mentality, need to consider carefully before putting money down.

World gold price

At 8:56, the world gold price was listed around 4,179.4 USD/ounce, up 37.7 USD.

Gold price forecast

World gold prices increased due to receiving support when trade tensions showed signs of escalating. On October 15 (US time), international media reported that China has issued a number of restrictions on units in the US of the Korean shipping group Hanwha Ocean Co., and warned that there may be more similar moves in the coming time.

This information makes investors more cautious, dragging the global stock market down points as expectations of a temporary reduction in trade tensions between the two major economies weaken.

Meanwhile, the US government has entered its 14th day in a closed state, investors are waiting for the speech of Chairman of the US Federal Reserve (FED) Jerome Powell at the Annual Meeting of the National Association for Business Economics (NABE) in Philadelphia.

Mr. Powell is expected to present the US economic outlook and monetary policy. Analysts predict the Fed will continue to cut interest rates by 0.25 percentage points this month, after making similar cuts in September, and may cut again in December.

Despite the risk of short-term fluctuations and the possibility of regulation, Bank of America (BofA - one of the largest banks in the US and the world) believes that gold and silver are still in a strong uptrend, with the forecast that gold prices could reach 5,000 USD/ounce and silver could reach 65 USD/ounce next year.

According to the bank's forecast, the average gold price in 2026 will be around 4,438 USD/ounce, while silver will average around 56.25 USD/ounce.

Bank of America is one of the first organizations to predict gold will reach the $4,000/ounce mark, and after this target became a reality, the bank's analysis team continued to raise expectations.