Today's gold price 18.3: Stuck around the 5,000 USD/ounce mark

Khương Duy |

Today's gold price 18.3: The world market is still stuck around the 5,000 USD/ounce mark, showing a sideways trend and risks still present.

SJC gold bar price

As of 9:00 AM, SJC gold bar prices were listed by DOJI Group at 180-183 million VND/tael (buying - selling), an increase of 400,000 VND/tael in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.

Diễn biến giá vàng SJC những phiên giao dịch gần đây. Biểu đồ: Khương Duy
SJC gold price movements in recent trading sessions. Chart: Khuong Duy

SJC gold bar price was listed by Bao Tin Minh Chau at 180-183 million VND/tael (buying - selling), an increase of 400,000 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 180-183 million VND/tael (buying - selling), an increase of 400,000 VND/tael in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.

Giá vàng miếng SJC tại một số đơn vị kinh doanh. Đơn vị: đồng/lượng. Bảng: Khương Duy
SJC gold bar price at some business units. Unit: VND/tael. Table: Khuong Duy

9999 gold ring price

As of 9:00 AM, DOJI Group listed the price of gold rings at 180-183 million VND/tael (buying - selling), an increase of 400,000 VND/tael in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.

Diễn biến giá vàng nhẫn những phiên giao dịch gần đây. Biểu đồ: Khương Duy
Gold ring price movements in recent trading sessions. Chart: Khuong Duy

Bao Tin Minh Chau listed the price of gold rings at 180-183 million VND/tael (buying - selling), an increase of 400,000 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 the threshold of 179.8-182.8 million VND/tael (buying - selling), an increase of 200,000 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.

Giá vàng nhẫn trơn tại một số đơn vị kinh doanh. Đơn vị: đồng/lượng. Bảng: Khương Duy
Price of plain gold rings at some business units. Unit: VND/tael. Table: Khuong Duy

World gold price

At 8:33 am, world gold prices were listed around the threshold of 5,006.4 USD/ounce, down 19.1 USD compared to the previous day.

Diễn biến giá vàng thế giới những phiên giao dịch gần đây. Biểu đồ: Khương Duy
Developments in world gold prices in recent trading sessions. Chart: Khuong Duy

Gold price forecast

World gold prices continue to maintain a state of stalemate as a clear trend has not yet been formed in the context of many intertwined macroeconomic factors. This precious metal is currently fluctuating around the 5,000 USD/ounce threshold, while silver is also fluctuating in the 80 - 81 USD/ounce range, reflecting the cautious sentiment of investors.

Experts believe that although geopolitical tensions in the Middle East have not cooled down, the "safe haven" role of gold is being somewhat overshadowed by the strength of the USD. The greenback index remains around a high threshold, causing cash flow not to return strongly to the precious metals market.

Mr. David Morrison - senior analyst at Trade Nation - said that technical signals currently do not support gold's upward momentum. "The MACD indicator on the daily chart is trending downwards, although the level is not large. This shows that gold does not have a clear momentum to break through, and safe-haven attractiveness is also decreasing as the USD becomes a priority choice" - he said.

In addition, inflationary pressure returning due to oil prices maintaining above high levels is causing US bond yields, especially 10-year term, to remain above 4%.

This increases the possibility that the US Federal Reserve (Fed) will maintain a cautious monetary policy longer than expected, thereby putting pressure on gold prices. The market has also adjusted expectations, as the possibility of interest rate cuts in 2026 is significantly narrowed.

From another perspective, Mr. Daniel Pavilonis - senior commodity broker at RJO Futures warned that market developments in the coming time will largely depend on the yield trajectory and energy prices. "As long as yields continue to increase, gold and silver will continue to be under pressure. Precious metals currently tend to fluctuate in the same direction as stocks, while stocks go against bond yields" - he said.

Despite facing many short-term resistances, some opinions still believe that the long-term outlook for gold has not been broken. In the scenario of prolonged conflict or a stronger escalation than expected, safe-haven demand may return, creating new momentum for gold prices. However, in the short term, the market is likely to maintain a narrow accumulation state, waiting for more clear signals from monetary policy and geopolitical developments.

Gold price data is compared to the previous day.

See more news related to gold prices HERE...

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