SJC gold bar price
As of 9:00 AM, SJC gold bar prices were listed by DOJI Group at the threshold of 175.4-178.4 million VND/tael (buying - selling), down 4.6 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.
SJC gold bar price was listed by Bao Tin Minh Chau at the threshold of 175.4-178.4 million VND/tael (buying - selling), down 4.6 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 SJC gold bar prices at 175.4-178.4 million VND/tael (buying - selling), down 4.6 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 the price of gold rings at the threshold of 175.4-178.4 million VND/tael (buying - selling), down 4.6 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.
Bao Tin Minh Chau listed the price of gold rings at 175.4-178.4 million VND/tael (buying - selling), down 4.6 million 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 175.4-178.4 million VND/tael (buying - selling), down 4.4 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at 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 9:11 am, world gold prices were listed around the threshold of 4,846.9 USD/ounce, a sharp decrease of 159.5 USD compared to the previous day.
Gold price forecast
World gold prices are under strong downward pressure as macroeconomic factors are simultaneously unfavorable. The latest US inflation report shows that the producer price index (PPI) in February increased by 0.7%, much higher than expected. This is the strongest increase in 7 months, showing that price pressure has not cooled down as expected by the market.
This development further weakens expectations that the US Federal Reserve (Fed) will soon cut interest rates. The rising USD along with US bond yields maintained around 4.2% have put significant pressure on gold - a non-performing asset.
After the latest policy meeting, the Fed kept interest rates unchanged in the range of 3.5% - 3.75% and signaled that it could still ease in 2026. However, the agency has not made clear commitments, in the context of persistent inflation risks, especially from geopolitical tensions in the Middle East.
Mr. Jamie Cox - managing partner at Harris Financial Group commented: "The Fed is choosing a cautious approach to the instability from the conflict. The central bank will not rush to adjust policies in the context of the supply shock.
From a technical perspective, gold prices are sending negative signals as they break important support levels. The price drop below the 5,000 USD/ounce mark has triggered a sell wave, pulling the precious metal down to its 6-week low.
According to Mr. Ole Hansen - Commodity Strategy Director at Saxo Bank, the gold market is facing a "perfect storm" as both technical and fundamental factors are unfavorable. He believes that energy price increases due to conflict have pushed inflation expectations up, forcing central banks to maintain tight monetary policy for longer, thereby putting pressure on gold.
In addition, cash flow tends to shift to USD-valued assets in the context of global instability, making gold's "safe haven" role competitive.
In the short term, experts believe that gold prices may continue to fluctuate strongly and face the risk of deep decline if important support levels are not recovered. However, in the long term, gold is still assessed to have a supporting foundation from risk hedging needs and future loose monetary policy.
Gold price data is compared to the previous day.
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