SJC gold bar price
As of 9:40 am, SJC gold bar prices were listed by DOJI Group at the threshold of 166.3 - 168.8 million VND/tael (buying - selling), unchanged in both buying and selling directions. The difference between buying and selling prices is at the threshold of 2.5 million VND/tael.
SJC gold bar price was listed by Bao Tin Minh Chau at the threshold of 166.3 - 168.8 million VND/tael (buying - selling), unchanged in both buying and selling directions. The difference between buying and selling prices is at the threshold of 2.5 million VND/tael.
Phu Quy Jewelry Group listed SJC gold bar prices at the threshold of 166.3 - 168.8 million VND/tael (buying - selling), unchanged in both buying and selling directions. The difference between buying and selling prices is at the threshold of 2.5 million VND/tael.
9999 gold ring price
As of 9:40 am, DOJI Group listed gold ring prices at the threshold of 165.8-168.8 million VND/tael (buying - selling), unchanged in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at the threshold of 165.8-168.8 million VND/tael (buying - selling), unchanged 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 the price of gold rings at the threshold of 165.8-168.8 million VND/tael (buying - selling), unchanged in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.
Currently, the buying - selling price difference of gold is at a very high level, around 2.5 to 3 million VND/tael, posing a risk of losses for investors.
World gold price
At 9:40 am, world gold prices were listed around the threshold of 4,707 USD/ounce, down 1.8 compared to the previous day. Early this morning, world gold prices suddenly fell sharply to 4, 671.6 USD/ounce but then quickly recovered.
Gold price forecast
World gold prices are entering an unpredictable volatility phase as the market lacks clear trends. After many strong increases before that, the precious metal showed signs of slowing down, in the context that investors are simultaneously monitoring geopolitical developments, monetary policy of central banks and the strength of the stock market.
According to a Kitco News survey, the psychology of Wall Street analysts is currently quite divided. Among the 16 experts participating in the survey, 5 people predict gold prices will increase this week, 5 people think prices will decrease, while the remaining 6 experts believe the market may continue to move sideways. This result shows that investors do not have a high consensus on the short-term direction of gold prices.
Mr. Rich Checkan - Chairman and CEO of Asset Strategies International - believes that gold prices may be under downward pressure this week.
According to him, the market is reacting quite negatively to geopolitical factors, especially tensions related to the US and Iran. In addition, the policy meeting of the US Federal Reserve (FED) is also a factor that investors are paying attention to. Although the market expects interest rates to remain unchanged, concerns that gold is less attractive when interest rates have not decreased are still affecting the price of precious metals.
From a more cautious perspective, Mr. Adrian Day - Chairman of Adrian Day Asset Management - said that gold prices are likely to continue to fluctuate in a narrow range as the geopolitical situation has not been resolved definitively. According to this expert, the market may have passed the short-term bottom after a period of tension, but to set a new peak, gold prices need more momentum from monetary and fiscal concerns.
Meanwhile, some experts still maintain a positive view. Mr. Darin Newsom - senior analyst at Barchart. com - believes that the fundamental foundation of gold is still supportive, especially as central banks continue to increase their holdings of precious metals. However, the short-term trend still largely depends on speculative cash flow and the diễn biến of risky assets.
This week, the market will monitor a series of important US economic data, along with policy decisions from the FED, the European Central Bank, the Bank of England, the Bank of Canada and the Bank of Japan. This information may cause gold prices to continue to fluctuate strongly in the short term.
Gold price data is compared to the previous day.
See more news related to gold prices HERE...
