Update SJC gold price
As of 9:35 a.m., the price of SJC gold bars was listed by DOJI Group at 85-87 million VND/tael (buy - sell).
Compared to the beginning of the previous trading session, gold prices at DOJI remained unchanged in both buying and selling directions.
The difference between buying and selling price of SJC gold at DOJI Group is at 2 million VND/tael.
Meanwhile, Saigon Jewelry Company listed the price of SJC gold at 85-87 million VND/tael (buy - sell).
Compared to the beginning of the previous trading session, the gold price at Saigon Jewelry Company SJC remained unchanged in both buying and selling directions.
The difference between buying and selling price of SJC gold at Saigon Jewelry Company is at 2 million VND/tael.
Bao Tin Minh Chau listed SJC gold price at 85.2-87 million VND/tael (buy - sell), unchanged.
Compared to the beginning of the previous trading session, gold price at Bao Tin Minh Chau decreased by 100,000 VND/tael for buying and remained unchanged for selling.
The difference between buying and selling price of SJC gold at Bao Tin Minh Chau is at 1.8 million VND/tael.
Currently, the difference between buying and selling gold prices is listed at around 2 million VND/tael. Although it has decreased compared to the previous trading session, this difference is still very high.
This price difference is a factor that investors need to consider when participating in the gold market. It directly affects the ability to make profits, especially in the short term.
Price of round gold ring 9999
As of 10:50 a.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 85.6-86.6 million VND/tael (buy - sell); both buying and selling prices remain the same compared to early this morning.
Bao Tin Minh Chau listed the price of gold rings at 85.48-86.43 million VND/tael (buy - sell), down 150,000 VND/tael for both buying and selling compared to early this morning.
World gold price
As of 10:50 a.m., the world gold price listed on Kitco was at 2,691.8 USD/ounce, down 24.5 USD/ounce compared to the beginning of the previous trading session.
Gold Price Forecast
World gold prices fell despite the decline of the USD. Recorded at 10:20 a.m. on November 25, the US Dollar Index, which measures the fluctuations of the greenback against 6 major currencies, was at 106.815 points (down 0.65%).
According to the weekly Kitco News survey, market experts have shifted from bearish to strongly bullish. Of the 18 analysts who participated, 89% expect gold prices to rise this week. Similarly, in the online survey, 66% of retail investors also said that gold prices will continue to rise.
With the trading week short due to the Thanksgiving holiday in the US, analysts expect trading volumes to pick up sharply at the start of the week.
"We could see some heavy volume on Monday, Tuesday and Wednesday before the market slows down for the holidays," said Kevin Grady, president of Phoenix Futures and Options.
Analysts at CPM Group expect gold prices to hit $2,730 an ounce in the next two weeks, buoyed by geopolitical and economic events. However, they also warn of potential profit-taking as December approaches.
Gold prices are receiving strong support from both geopolitical factors and market sentiment. If it holds above the $2,700 mark, the precious metal has the potential to continue rising to higher levels in the near future.
Some analysts expect gold prices to hit $3,000 an ounce next year. Earlier this week, Goldman Sachs reaffirmed its forecast for gold prices to hit $3,000 an ounce by the end of 2025.
See more news related to gold prices HERE...
