SJC gold bar price
As of 9:10 am, SJC gold bar prices were listed by DOJI Group at the threshold of 163.6-166.6 million VND/tael (buying - selling), an increase of 600,000 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 prices were listed by Bao Tin Minh Chau at the threshold of 163-166 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 SJC gold bar prices at the threshold of 163.6-166.6 million VND/tael (buying - selling), an increase of 600,000 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 9:15 am, DOJI Group listed the price of gold rings at the threshold of 163.6-166.6 million VND/tael (buying - selling), an increase of 600,000 VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 3 million VND/tael.
Bao Tin Minh Chau listed gold ring prices at the threshold of 163-166 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 Gold and Gems Group listed the price of gold rings at 163-166 million VND/tael (buying - selling), unchanged in both buying and selling directions. The difference between buying and selling prices 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 9:10 am, world gold prices were listed around the threshold of 4,608.5 USD/ounce, down 4.9 USD compared to the previous day.
Gold price forecast
This week's gold survey shows that market sentiment is still differentiated, but the trend is slightly inclined towards an upward scenario. Among 16 Wall Street experts participating in the Kitco News survey, 8 people (accounting for 50%) predict gold prices will increase this week, 5 people (31%) predict prices will decrease, while the remaining 3 experts (19%) believe the market will move sideways.
In the group of individual investors, the diễn biến is also not much different when the majority are still divided between increasing, decreasing and accumulating scenarios. This reflects the lack of clear orientation of the market after a series of recent strong fluctuations.
Mr. Rich Checkan - Chairman and COO of Asset Strategies International - believes that gold prices may recover in the short term after the adjustment due to the impact of the meeting of the US Federal Reserve (Fed).
According to him, the precious metal may record a moderate increase this week, especially as geopolitical tensions in the Middle East have not yet cooled down completely. However, this expert also noted that a sustainable upward trend will only form when geopolitical risks, especially related to Iran, are resolved more clearly.
Sharing the same view, Mr. James Stanley - senior market strategist at Forex. com - said that the upward trend is still being maintained, although not really clear. He believes that buying power still maintains its position after a period of volatility, showing that market sentiment has not completely leaned towards a negative scenario.
Meanwhile, Mr. Daniel Pavilonis - senior commodity broker at RJO Futures - assessed that gold prices are likely to continue to be affected by the developments of oil prices and financial markets. According to him, gold may maintain its recovery momentum if oil prices stabilize or cool down, but remain cautious due to unexpected geopolitical risks.
From a technical perspective, some experts warn that if important support levels are broken, gold prices may face deeper correction pressure. However, fundamental factors such as central bank stockpiling demand, inflation risk and global economic instability are still considered important support for precious metals in the medium and long term.
Gold price data is compared to the previous day.
See more news related to gold prices HERE...
