SJC gold bar price
As of 9:00 AM, SJC gold bar prices were listed by DOJI Group at the threshold of 185.6-188.6 million VND/tael (buying - selling), an increase of 1.6 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 185.6-188.6 million VND/tael (buying - selling), an increase of 1.6 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 185.6-188.6 million VND/tael (buying - selling), an increase of 1.6 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.
9999 gold ring price
As of 9:00 AM, DOJI Group listed the price of gold rings at 185.4-188.4 million VND/tael (buying - selling), an increase of 1.6 million VND/tael in both directions compared to the previous day. The buying - selling difference is at 3 million VND/tael.
Bao Tin Minh Chau listed gold ring prices at the threshold of 185.6-188.6 million VND/tael (buying - selling), an increase of 1.6 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 the price of gold rings at 185.5-188.5 million VND/tael (buying - selling), an increase of 1.7 million VND/tael in both directions compared to the previous day. The buying - selling difference is at 3 million VND/tael.
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 8:53 AM, world gold prices were listed around 5,329.7 USD/ounce, up 51.5 USD compared to the previous day.
Gold price forecast
World gold prices entered a new trading week in a sensitive state, after strong fluctuations related to US-Iran tensions last weekend. However, according to many Wall Street experts, geopolitical factors are only part of the broader picture dominating the trend of precious metals.
Mr. Adam Button - Currency Strategy Director at Forexlive. com - said that short-term gold prices are in a state of stalemate and are heavily dependent on new developments from the Middle East. "We will follow the direction that US bombings lead," he said.
From a more positive perspective, Mr. Marc Chandler - Managing Director of Bannockburn Global Forex - believes that the risk of military escalation may continue to support gold prices. According to him, if it exceeds the 5,250 USD/ounce mark, the precious metal is likely to move up to the 5,500 USD/ounce zone.
The fact that the yield of 10-year US government bonds is maintained below 4% is also considered a supporting factor, in the context of investors seeking safe assets.
Meanwhile, Mr. Alex Kuptsikevich - senior market analyst at FxPro - gave a more cautious view. He noted that gold has had three consecutive weeks of increase and increased by about 2% in the previous week alone.
Although geopolitical tensions and pressure on the stock market are driving risk hedging demand, in the long term, investors need to prepare for the possibility of adjustment when profit-taking pressure increases.
Analysts at CPM Group also warned of the possibility of a technical correction in the first week of March, although positive expectations are still maintained for the next month. According to this group, if the price exceeds the near peak of USD 5,265/ounce, buying and selling activity may cause the market to increase sharply in a short time.
This week, a series of important US economic data such as manufacturing PMI, the ADP jobs report and especially the non-farm payroll will be key factors orienting gold price trends in the short term.
Gold price data is compared to the previous day.
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