SJC gold bar price
As of 9:25 am, SJC gold bar prices were listed by DOJI Group at the threshold of 182.3-185.3 million VND/tael (buying - selling), an increase of 700,000 VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.
SJC gold bar price was listed by Bao Tin Minh Chau at the threshold of 182.3-185.3 million VND/tael (buying - selling), an increase of 700,000 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 Jewelry Group listed SJC gold bar prices at 182.3-185.3 million VND/tael (buying - selling), an increase of 700,000 VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.
9999 gold ring price
As of 9:00 AM, DOJI Group listed the price of gold rings at 182.2-185.2 million VND/tael (buying - selling), an increase of 600,000 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 the price of gold rings at 182.3-185.3 million VND/tael (buying - selling), an increase of 700,000 VND/tael in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.
Phu Quy Jewelry Group listed the price of gold rings at 181.8-184.8 million VND/tael (buying - selling), an increase of 200,000 VND/tael in both directions. The buying - selling difference 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 9:12 am, world gold prices were listed around the threshold of 5,185.7 USD/ounce, up 16.7 USD compared to the previous day.
Gold price forecast
The diễn biến of world gold prices continues to show strong fluctuations as the global financial market intertwines between monetary policy expectations and information related to geopolitics.
After the increase exceeding the 5,000 USD/ounce mark, gold is entering a sideways phase as safe-haven buying pressure and profit-taking activities continuously change the correlation.
According to Bernard Dahdah - a precious metals analyst at Natixis, gold is often very sensitive to risk shocks. He believes that if the US-Iran confrontation scenario escalates into a military conflict, gold prices could increase by about 15% thanks to safe-haven demand returning.
Most of the increase usually takes place in the first weeks. In the context of the market accumulating, gold may head towards the 5,500 - 5,800 USD/ounce range in the short term after the incident occurs," Mr. Dahdah said.
However, this expert also emphasized the familiar characteristic of increases due to shelter factors: Large amplitude but difficult to maintain for long. When information is gradually reflected fully and investors assess the consequences more clearly, gold prices tend to adjust.
Strong surges may be eliminated after just a few days or weeks, even if instability lasts longer," he warned.
From a more cautious perspective, Jen Bawden - founder and CEO of Bawden Capital believes that investors should not overreact to short-term fluctuations. According to her, the recent increase in gold partly reflects psychological factors rather than fundamental changes in physical supply and demand.
If signs of cooling tensions or diplomatic breakthroughs appear, safe-haven trading may reverse quickly. Then, the market will return to fundamentals" - Ms. Bawden said.
However, she still maintains a positive view of the long-term outlook for the precious metal. Structural risks such as high public debt, inflationary pressure and the risk of credit tightening in the financial system are seen as factors that continue to support gold. In case a sufficiently large boost appears, gold prices may quickly return to the peak and challenge new highs.
Analysts assess that in the current period, gold is likely to maintain a state of strong fluctuation, interspersed between increases due to defensive psychology and technical adjustments. Investors should therefore carefully consider trading strategies, risk management and avoid chasing the psychology of the crowd when prices fluctuate abnormally.
Gold price data is compared to the previous day.
See more news related to gold prices HERE...
