SJC gold bar price
As of 9:00 AM, SJC gold bar prices were listed by DOJI Group at the threshold of 168.4-171.4 million VND/tael (buying - selling), down 1.4 million 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 168.4-171.6 million VND/tael (buying - selling), down 1.4 million VND/tael on the buying side and down 1.2 million VND/tael on the selling side. The difference between buying and selling prices is at the threshold of 3.2 million VND/tael.
Phu Quy Jewelry Group listed SJC gold bar prices at the threshold of 168.4-171.4 million VND/tael (buying - selling), down 1.4 million 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 the threshold of 168.4-171.4 million VND/tael (buying - selling), down 1.4 million VND/tael 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 168.4-171.4 million VND/tael (buying - selling), down 1.4 million 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 Gold and Gems Group listed the price of gold rings at the threshold of 168.4-171.4 million VND/tael (buying - selling), down 1.4 million VND/tael 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 3 million VND/tael, posing a risk of losses for investors.
World gold price
At 9:00 AM, world gold prices were listed around the threshold of 4,468.2 USD/ounce, down 24.8 USD compared to the previous day.
Gold price forecast
World gold prices entered this week with cautious market sentiment, but the upward trend has not been broken. After a strong correction, the precious metal has shown signs of recovery, showing that buying power is still present when prices fall deeply.
The latest survey by Kitco News shows that Wall Street analysts are having a more balanced view, but the trend towards the possibility of gold prices going up still prevails. Among the 16 experts surveyed, 8 people, equivalent to 50%, predict gold prices will increase this week; 3 people think prices will decrease, and 5 people predict the market will move sideways in a narrow range.
In the group of individual investors, the psychology is also quite similar when 53% of respondents expect gold prices to increase, 23% forecast to decrease and 24% believe that gold will accumulate.
Mr. James Stanley - senior market strategist at Forex. com - said that last week's developments were a positive sign for buyers. According to him, although gold prices have just undergone a large amplitude correction, the current macroeconomic context is still not enough to weaken the long-term upward trend. Recent correction can be seen as a necessary retreat in a larger trend.
Sharing the same view, Mr. Marc Chandler - Managing Director of Bannockburn Global Forex - said that spot gold has maintained the 200-day moving average, an important technical signal to help the market avoid falling into a more negative state.
According to this expert, if the price exceeds the near resistance zone, the room for increase will still expand. Conversely, geopolitical fluctuations, especially tensions in the Middle East, can still cause gold prices to return to testing a lower support zone.
This week, the market will also focus on a series of US economic data and statements from US Federal Reserve (FED) officials. These are considered factors that could strongly impact the USD, bond yields and thereby dominate the trend of gold prices. In the context of intertwined risks, gold is likely to continue to fluctuate strongly, but the short-term upward trend is still being maintained.
Gold price data is compared to the previous day.
See more news related to gold prices HERE...
