Updated SJC gold price
As of 9:30 a.m., DOJI Group listed the price of SJC gold bars at 148.4-150.4 million VND/tael (buy in - sell out), an increase of 600,000 VND/tael in both directions. The difference between buying and selling prices is at 2 million VND/tael.
The price of SJC gold bars was listed by Bao Tin Minh Chau at 148.9-150.4 million VND/tael (buy in - sell out), unchanged in both directions. The difference between buying and selling prices is at 1.5 million VND/tael.
Phu Quy Jewelry Group listed the price of SJC gold bars at 147.9-150.4 million VND/tael (buy - sell), an increase of 500,000 VND/tael for buying and kept the same for selling. The difference between buying and selling prices is at 2.5 million VND/tael.
9999 round gold ring price
As of 9:30 a.m., DOJI Group listed the price of gold rings at 146.1-149.1 million VND/tael (buy in - sell out), unchanged in both directions. The difference between buying and selling is 3 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at 147.5-150.5 million VND/tael (buy - sell), down 100,000 VND/tael in both directions. The difference between buying and selling is 3 million VND/tael.
Phu Quy Gold and Stone Group listed the price of gold rings at 146.8-149.8 million VND/tael (buy in - sell out), down 200,000 VND/tael in both directions. The difference between buying and selling is 3 million VND/tael.
The buying-selling gap is at a high level, increasing the risk for individual investors. Personal investors, especially those with a "surfing" mentality, need to consider carefully before putting money down.
World gold price
At 9:37 a.m., the world gold price was listed around 4,048.6 USD/ounce, down 15.6 USD compared to a day ago.
Gold price forecast
The recent weekly gold price survey with Wall Street experts shows that the sentiment is gradually shifting to neutral and negativity.
David Morrison - senior market analyst at Trade Nation - expressed optimism about gold in the short term. The outlook for gold is currently quite uncertain. It seems that the MacD (a daily indicator of price movement and trend) needs to decrease to lower levels to attract new buying power.
Although the stock market was sold off due to the group of technology stocks, there is still no sign that investors are looking for gold as a replacement safe-haven asset," he said.
Sean Lusk - co-head of commercial defense at Walsh Trading - said that the market will continue to move sideways or decrease slightly in a short time: "Then, the market will consider whether December will bring a "H Christmas boost"?
I don't know what the Fed will say in December without clear enough data. The minutes of the recent meeting show that if there is no data, it would be unwise to switch to a softer stance until there is convincing evidence."
Similarly, Alex Kuptsikevich - senior market analyst at FxPro - predicted that gold prices will decrease this week. He said he is monitoring the 50-day moving average to see if a breach occurs.
"Gold has maintained a stable price despite the stronger US dollar and rising Treasury yields. Investors expect gold prices to increase or even push prices up in a short time, thanks to positive signals from physical gold demand. However, as the possibility of the Fed cutting interest rates in December fell to 32%, investor confidence in the group weakened and they no longer have enough strength to continue supporting gold prices," said Alex Kuptsikevich.
Kuptsikevich cited Goldman Sachs' estimate that central banks bought 64 tonnes of gold in September, three times as much as in August. TD Securities has seen signs of increased demand from large investors for ETFs, and UBS has raised its 2026 forecast by $300 to $4,500/ounce. About 26% of Bank of America survey respondents believe that gold will outperform commodities and currencies next year, he said.
We still believe that the sharp decline a month ago has ended golds three-year rally. However, gold has held prices quite well in recent weeks, ignoring the stronger USD and the progress of the peace plan for Ukraine. In the past, these factors have clearly affected traders and pulled prices down. But now buyers are holding gold on the trend line, which is the 50-day average. If prices break below this level, the trading trend may reverse, he said.
Note: Gold price data is compared to a day earlier.
See more news related to gold prices HERE...
