SJC gold bar price
As of 9:03 am, SJC gold bar prices were listed by DOJI Group at 166.7-169.2 million VND/tael (buying - selling), down 500,000 VND/tael in both buying and selling directions. The difference between buying and selling prices is at 2.5 million VND/tael.
SJC gold bar price was listed by Bao Tin Minh Chau at the threshold of 166.7-169.2 million VND/tael (buying - selling), down 500,000 VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 2.5 million VND/tael.
Phu Quy Jewelry Group listed SJC gold bar prices at 166.7-169.2 million VND/tael (buying - selling), down 500,000 VND/tael in both buying and selling directions. The difference between buying and selling prices is at 2.5 million VND/tael.
9999 gold ring price
As of 9:05 am, DOJI Group listed the price of gold rings at the threshold of 166.2-169.2 million VND/tael (buying - selling), down 500,000 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 the price of gold rings at the threshold of 166.2-169.2 million VND/tael (buying - selling), down 500,000 VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.
Phu Quy Gold and Gems Group listed the price of gold rings at the threshold of 166.2-169.2 million VND/tael (buying - selling), down 500,000 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 million VND/tael, posing a risk of losses for investors.
World gold price
At 8:38 am, world gold prices were listed around 4,730.4 USD/ounce, down 21 USD compared to the previous day.
Gold price forecast
World gold prices are entering a sensitive phase when short-term fluctuations are strong, but the medium-term trend has not been completely broken. Current developments show that the tug-of-war between buyers and sellers is clearly increasing, especially when the market continuously tests important price zones.
Technically, the June gold futures contract still maintains a relatively positive state, but profit-taking pressure has appeared after previous strong increases.
According to Kitco, the next target of the buying side is to bring the price to exceed the very strong resistance level of 5,000 USD/ounce. In the opposite direction, the selling side is aiming to pull the price below the hard support zone of 4,500 USD/ounce.
In the short term, the nearest resistance level for gold is determined at 4,800 USD/ounce, followed by the week's peak at 4,854.8 USD/ounce. Meanwhile, the first support zone is at 4,733.1 USD/ounce, followed by the 4,700 USD/ounce mark. Wyckoff's market rating index is currently at 6/10, showing that buyers still hold a certain advantage but are not really overwhelming.
Not only gold, the silver market is also closely monitored because it often reflects more clearly speculative sentiment in the precious metal market. With the May silver futures contract, the next upward goal of the buying side is to bring the closing price above the strong resistance level of 85 USD/ounce.
Conversely, the selling side wants to pull prices below the support level of 70 USD/ounce. Nearby resistance zones are respectively at the weekly peak of 80.755 USD/ounce and the weekly peak of 83.245 USD/ounce. On the support side, the noteworthy level is 75.38 USD/ounce, followed by the round threshold of 75 USD/ounce. Wyckoff also scored silver at 6/10, reflecting that the uptrend is still there but the market is facing significant adjustment pressure.
In general, gold prices are forecast to fluctuate strongly in the coming sessions as investors are cautious in the face of opposing technical signals. If it surpasses the 4,800 - 4,854.8 USD/ounce range, gold may extend its upward momentum. Conversely, if it loses the 4,700 USD/ounce mark, downward pressure may increase significantly.
Gold price data is compared to the previous day.
The world gold and silver market operates through two main pricing mechanisms. The first is the spot market, where the buying and selling and immediate delivery prices are listed. The second is the futures market, where prices are set for future delivery.
Due to the impact of year-end position restructuring and market liquidity, the December gold futures contract is currently the most actively traded contract on the CME exchange.
See more news related to gold prices HERE...
