SJC gold bar price
As of 9:25 am, SJC gold bar prices were listed by DOJI Group at the threshold of 161.3-133.8 million VND/tael (buying - selling), an increase of 800,000 VND/tael on the buying side and an increase of 300,000 VND/tael on the selling side. The difference between buying and selling prices is at the threshold of 2.5 million VND/tael.
Bao Tin Minh Chau listed SJC gold bar prices at 161.3-133.8 million VND/tael (buying - selling), an increase of 800,000 VND/tael on the buying side and an increase of 300,000 VND/tael on the selling side. The difference between buying and selling prices is at 2.5 million VND/tael.
Phu Quy Jewelry Group listed SJC gold bar prices at 160.8-163.8 million VND/tael (buying - selling), an increase of 300,000 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 9:25 am, DOJI Group listed the price of gold rings at 160.8-163.8 million VND/tael (buying - selling), an increase of 300,000 VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.
Bao Tin Minh Chau listed SJC gold bar prices at 160.8-163.8 million VND/tael (buying - selling), an increase of 1.3 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 the price of gold rings at the threshold of 160.6-63.6 million VND/tael (buying - selling), an increase of 100,000 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 to 4 million VND/tael, posing a risk of losses for investors.
World gold price
At 9:28 am, world gold prices were listed around the threshold of 4, 557.9 USD/ounce, an increase of 22 USD compared to the previous day.
Gold price forecast
The new trading week opens with differentiated developments in the gold market. Pressure from high bond yields, strong USD and oil price fluctuations continue to impact the precious metal. Meanwhile, US-Iran geopolitical tensions in the Strait of Hormuz still maintain risk factors, boosting safe-haven demand. This development makes gold a risk hedging channel, but also puts the precious metal under pressure from global economic factors.
Expert Fawad Razaqzada from FOREX. com commented that gold is still "weakening as oil, yields and the USD put pressure".
He emphasized that although gold prices rebounded from support levels, the recovery momentum is not strong enough to neutralize inflation risks from energy and high real yields. This shows that the precious metals market is in a cautious state, easily affected by energy and exchange rate fluctuations.
Despite short-term pressures, many large banks still maintain a positive view of medium and long-term prospects. JPMorgan, although lowering its average forecast due to weak short-term investment demand, still expects gold to recover strongly in the second half of the year as energy tensions ease and demand from investors and central banks increases again.
ANZ also maintains an optimistic view on the medium term, saying that pressure from yields and the USD will not change the long-term outlook for the precious metal.
According to technical assessments, gold is facing important resistance zones, and at the same time has low support levels to limit fluctuations. If support is broken, the precious metal may fall deeper, but shelter demand from geopolitics still protects gold from too strong fluctuations.
In general, this week, gold is forecast to continue to fluctuate, investors should closely monitor geopolitical risks and energy inflation developments to make appropriate decisions.
Gold price data is compared to the previous day.
See more news related to gold prices HERE...
