SJC gold bar price
As of 9:23 am, SJC gold bar prices were listed by DOJI Group at the threshold of 166-169 million VND/tael (buying - selling), down 2 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 166-169 million VND/tael (buying - selling), down 2 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 166-169 million VND/tael (buying - selling), down 2 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 9:23 am, DOJI Group listed gold ring prices at the threshold of 166-169 million VND/tael (buying - selling), down 2 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 166.5-169.5 million VND/tael (buying - selling), down 2.6 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 Gold and Gems Group listed the price of gold rings at 166-169 million VND/tael (buying - selling), down 2 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 9:23 am, world gold prices were listed around the threshold of 4, 411.2 USD/ounce, a sharp decrease of 79 USD compared to the previous day.
Gold price forecast
World gold prices enter the new week with many mixed signals as they are simultaneously affected by monetary policy, technical factors and geopolitical tensions. After a deep decline last week, the market is facing a sensitive period, when both price decline risks and recovery opportunities are present.
The biggest pressure comes from the US Federal Reserve (Fed)'s stance of maintaining high interest rates, in the context of inflation showing signs of increasing again due to rising energy prices. This has narrowed expectations of monetary policy easing, thereby putting pressure on gold prices in the short term. Some experts believe that the recent decline may not be over, especially when the market has lost important technical support levels.
However, in the opposite direction, many opinions believe that gold still has room for recovery when the fundamental factors have not changed significantly.
Mr. Darin Newsom - senior market analyst at Barchart. com - believes that the decrease in gold prices does not mean that the long-term upward trend has been reversed. According to him, inflation and geopolitical instability will continue to play a "support" role for the precious metal, as investors tend to return to safe-haven assets.
In addition, the analysis group of CPM Group also issued a buy recommendation, with the expectation that gold prices may head towards the 5,000 USD/ounce mark in the short term. Although not excluding the possibility of prices continuing to adjust down to lower areas, this unit believes that the probability of recovery is higher in the context of increasing global risks.
On the market, cash flow is currently showing signs of caution as a part of investors stand aside to observe after a period of strong fluctuations. The price range around 4,400 - 4,500 USD/ounce is considered an important accumulation area, where buying power begins to reappear.
In general, the short-term trend of gold prices still contains many fluctuations, largely dependent on geopolitical developments and monetary policy. However, in the long term, many experts still maintain a positive view, believing that gold will continue to be supported by the need to hedge against risks in the context of a still volatile global economy.
Gold price data is compared to the previous day.
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