SJC gold bar price
As of 9:00 AM, SJC gold bar prices were listed by DOJI Group at the threshold of 168-171 million VND/tael (buying - selling), down 3.3 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 168-171 million VND/tael (buying - selling), down 4.5 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 168-171 million VND/tael (buying - selling), down 3.9 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 gold ring prices at the threshold of 168-171 million VND/tael (buying - selling), down 3.3 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 the threshold of 169.1-172.1 million VND/tael (buying - selling), down 3.7 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 Gold and Gems Group listed gold ring prices at the threshold of 168-171 million VND/tael (buying - selling), down 3.7 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.
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 9:00 AM, world gold prices were listed around the threshold of 4,490.2 USD/ounce, a sharp decrease of 182.5 USD compared to the previous day. Thus, after only three trading sessions, world gold prices have decreased by more than 515 USD/ounce.
Gold price forecast
World gold prices are experiencing a volatile trading week when losing more than 10% of their value in a short period of time, leading to strong adjustment pressure in the domestic market. The fact that precious metals continuously break important support levels shows that market sentiment is leaning towards caution, especially in the context of high interest rates and the rising USD.
According to a Kitco News survey, most Wall Street experts currently have a negative view in the short term. The sell-off took place strongly after central banks signaled tougher monetary policy, while geopolitical tensions have not created the expected momentum.
However, some experts believe that this decline is only temporary. Mr. Adrian Day - Chairman of Adrian Day Asset Management said that market sentiment is focusing too much on negative factors such as interest rates and energy fluctuations. "Gold prices may remain weak in the short term, but fundamental issues of currency and finance will soon return, supporting the upward trend of precious metals.
Sharing the same view, Mr. Darin Newsom - market analyst said that the drop in gold prices does not mean that the long-term trend has reversed. He emphasized that inflation and geopolitical instability are still key factors that can pull money back to the gold market in the near future.
From a technical perspective, many experts warn that gold prices may continue to be under pressure and even retreat to deeper support zones around the 4,000 USD/ounce mark if the sell-off trend has not ended. However, the possibility of short-term recovery is still highly appreciated as the market is falling into a "oversold" state.
In that context, investors are advised to be cautious with short-term decisions, especially when the buying-selling price difference in the country is still maintained at a high level. In the long term, many opinions believe that gold still plays the role of a safe haven channel, especially when economic and geopolitical risks have not shown signs of cooling down.
Gold price data is compared to the previous day.
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