SJC gold bar price
At the end of the weekly trading session, DOJI Group listed the price of SJC gold at 83.8-86.3 million VND/tael (buy - sell).
Compared to the closing price of last week's trading session, the price of SJC gold bars at DOJI increased by 1.1 million VND/tael for both buying and selling.
The difference between buying and selling price of SJC gold at DOJI Group is at 2.5 million VND/tael.
Meanwhile, Saigon Jewelry Company listed the price of SJC gold at 83.8-86.3 million VND/tael (buy - sell).
Compared to the closing price of last week's trading session, the price of SJC gold bars at Saigon Jewelry Company increased by VND 1.1 million/tael for both buying and selling.
The difference between buying and selling price of SJC gold at DOJI Group is at 2.5 million VND/tael.
If you buy SJC gold at DOJI Group on December 8 and sell it today (December 15), you will lose 1.4 million VND/tael. Similarly, those who buy gold at Saigon Jewelry Company SJC will also lose 1.4 million VND/tael.
Currently, the difference between the buying and selling price of gold is listed at around 2 million VND/tael. Experts say this difference is very high, causing investors to face the risk of losing money when investing in the short term.
9999 gold ring price
This morning, the price of 9999 Hung Thinh Vuong round gold ring at DOJI was listed at 83.5-84.6 million VND/tael (buy - sell); an increase of 500,000 VND/tael for buying and 600,000 VND/tael for selling compared to the closing price of last week's trading session.
Bao Tin Minh Chau listed the price of gold rings at 83.63-85.38 million VND/tael (buy - sell); an increase of 650,000 VND/tael for buying and an increase of 1.3 million VND/tael for selling compared to the closing price of last week's trading session.
After a week of decline, if you buy gold rings in the session of December 8 and sell them today (December 15), the loss that investors will have to accept when buying at DOJI and Bao Tin Minh Chau is VND500,000/tael and VND400,000/tael, respectively.
In recent sessions, the price of gold rings has often fluctuated in the same direction as the world market. Investors can refer to the world market and expert opinions before making investment decisions.
World gold price
At the close of the weekly trading session, the world gold price listed on Kitco was at 2,648.6 USD/ounce, up 15.3 USD/ounce compared to the close of the previous week's trading session.
Gold Price Forecast
World gold prices are falling sharply as the USD index increases. Recorded at 9:00 a.m. on December 15, the US Dollar Index, which measures the greenback's fluctuations against six major currencies, was at 106.680 points (up 0.04%).
The latest Kitco News weekly gold survey found that industry experts are mixed between bullish and bearish. The majority of participants remain neutral, while retail sentiment remained unchanged from last week.
Fourteen analysts participated in the Kitco News gold survey. Wall Street sentiment was evenly split between bullish and bearish on gold. Four analysts, or 29%, predicted gold prices would rise next week. Six analysts expected prices to trade sideways, while four analysts predicted prices would fall.
Meanwhile, 144 votes were cast in Kitco’s online poll, with the majority of investors remaining bullish on the precious metal after a volatile week.
87 traders expect gold prices to rise next week. There are 24 who predict gold prices will fall. The remaining 33 investors expect gold prices to move sideways in the short term.
In the coming week, in addition to the monetary policy decision on Wednesday, the market is also waiting for important economic data that could influence the easing cycle.
Economists point out that November retail sales figures will provide an important look at the health of the US consumer during the holiday season. In addition, markets will be watching important manufacturing data and the final release of third-quarter GDP.
See more news related to gold prices HERE...
