Update SJC gold price
As of 9:30 a.m., the price of SJC gold bars was listed by Saigon Jewelry Company at VND82.5-84.5 million/tael (buy - sell); an increase of VND200,000/tael in both directions.
The difference between buying and selling price of SJC gold at Saigon Jewelry Company is at 2 million VND/tael.
Meanwhile, the price of SJC gold bars listed by DOJI Group is at 82.5-84.5 million VND/tael (buy - sell); an increase of 200,000 VND/tael in both directions.
The difference between buying and selling prices of SJC gold at DOJI Group is at 2 million VND/tael.
Bao Tin Minh Chau listed SJC gold price at 82.5-84.5 million VND/tael (buy - sell); increased 200,000 VND/tael in both directions.
The difference between buying and selling price of SJC gold at Bao Tin Minh Chau is at 2 million VND/tael.
Currently, the difference between buying and selling gold prices is listed at around 2 million VND/tael. Experts say this difference is still very high. The difference between buying and selling prices is a factor that investors need to consider when participating in the gold market. It directly affects the ability to make a profit, especially in the short term.
Price of round gold ring 9999
As of 9:30 a.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 83.5-84.5 million VND/tael (buy - sell); an increase of 200,000 VND/tael for both buying and selling compared to early this morning.
Bao Tin Minh Chau listed the price of gold rings at 82.7-84.5 million VND/tael (buy - sell), an increase of 200,000 VND/tael for both buying and selling compared to early this morning.
World gold price
As of 9:30 a.m., the world gold price listed on Kitco was at 2,626.2 USD/ounce, up 9.4 USD/ounce compared to the beginning of the previous trading session.
Gold Price Forecast
World gold prices increased slightly as the USD decreased. Recorded at 9:35 a.m. on December 26, the US Dollar Index, which measures the greenback's fluctuations against six major currencies, was at 107.940 points (down 0.08%).
According to the World Gold Council (WGC), central bank demand for gold has reached its highest level in more than ten years, a clear testament to gold’s strong position as a safe-haven asset, especially as the global geopolitical and economic situation continues to be uncertain. At the same time, loose monetary policies and slower rate hikes from central banks have also contributed to the positive momentum for gold prices.
Zain Vawda, an analyst at OANDA, said that in the absence of major geopolitical shocks, gold prices in 2025 could remain stable around $2,800/ounce.
Meanwhile, George Milling-Stanley - strategist of State Street Global Advisors - predicts that gold prices have a 50% chance of fluctuating between 2,600-2,900 USD/ounce, and a 30% chance of surpassing the threshold of 3,100 USD/ounce.
However, some are concerned that the yield on the 10-year US Treasury note, which is forecast to exceed 5%, could put short-term pressure on gold prices. Tom Bruce, a strategist at Tanglewood Total Wealth Management, predicts that gold prices will rise about 10% next year, but it is unlikely to surpass $3,000 an ounce.
However, the long-term outlook for the gold market remains positive. Demand from central banks, coupled with global financial and geopolitical uncertainties, continues to reinforce gold’s position as one of the top safe-haven investments.
2025 is expected to witness strong fluctuations, but also promises significant growth potential for this precious metal.
See more news related to gold prices HERE...
