Gold price today 11/27: Gold rings and gold bars increase simultaneously

Updated SJC gold price

As of 11:45 a.m., DOJI Group listed the price of SJC gold bars at VND151.4-153.4 million/tael (buy in - sell out), an increase of VND500,000/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 151.9-153.4 million VND/tael (buy - sell), an increase of 500,000 VND/tael 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 150.9-153.4 million VND/tael (buy - sell), an increase of 500,000 VND/tael in both directions. The difference between buying and selling prices is at 2.5 million VND/tael.

9999 round gold ring price

As of 11:45 a.m., DOJI Group listed the price of gold rings at 149.4-152.4 million VND/tael (buy - sell), an increase of 700,000 VND/tael 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 150-153 million VND/tael (buy - sell), an increase of 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 149.7-152.7 million VND/tael (buy - sell), an increase of 500,000 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 11:45 a.m., the world gold price was listed around 4,151 USD/ounce, down 9.1 USD compared to a day ago.

Gold price forecast

In a recent interview, Daan Struyven - Head of Petroleum Research at Goldman Sachs - one of the world's largest and most influential investment banks and financial service institutions said that this investment bank still maintains a strong optimistic view on the precious metal.

We expect gold to increase by nearly 20% by the end of 2026, at around $4,900/ounce. Not as fast as this year - prices have increased by nearly 60% since the beginning of the year - but two drivers driving the increase in 2025, in our opinion, will continue to repeat in 2026 - he said.

The first driving force is the structural purchases of central banks. Since the central banks reserves have frozen in 2022, emerging market reserve managers have realized that they need to diversify to gold the only safe haven for domestic warehouses, the expert said.

The second driver is the US Federal Reserve's interest rate cutting cycle. Gold is a non-interest-bearing asset, so every time the Fed cuts interest rates, cash flows flow into gold ETFs, Struyven explained. Our economists predict the Fed will cut another 75 basis points. Combining two factors - buying from central banks and capital flows from private investors - gold is strongly supported".

Meanwhile, Deutsche Bank has raised its 2026 gold price forecast to $3,950-4.950/ounce, based on expectations of persistent buying from central banks and ETFs to continue to reduce supply from the jewelry market, thereby causing demand to far exceed supply.

However, Deutsche Bank also notes many risks that could put pressure on precious metals, including the possibility of a strong correction in the stock market, a less loose Fed than expected, and a near-term sell-off to reduce demand; Reserve managers may slow down buying after the acceleration phase, while strong increases in gold prices are often accompanied by major corrections.