9999 gold ring price
As of 9:10 am, Ancarat listed the price of 9999 Tich Tai Gold Ring at the threshold of 146.4-149.4 million VND/tael (buying - selling), an increase of 1.7 million VND/tael in both buying and selling directions. The buying - selling difference is at 3 million VND/tael.
Phu Quy Gold and Gems Group listed the price of gold rings at the threshold of 145.8-149.1 million VND/tael (buying - selling), an increase of 1.4 million VND/tael and an increase of 1.7 million VND/tael on the selling side. The buying - selling difference is at 3.3 million VND/tael.
DOJI Group listed the price of gold rings at 146-150 million VND/tael (buying - selling), an increase of 1 million VND/tael in both buying and selling directions. The buying - selling difference is at 4 million VND/tael.
The price of gold rings is listed by Bao Tin Minh Chau at the threshold of 146.5-150.5 million VND/tael (buying - selling), an increase of 1.2 million VND/tael in both buying and selling directions. The difference between buying and selling is at 4 million VND/tael.
SJC gold bar price
As of 9:05 am, Phu Quy listed SJC gold bar prices at the threshold of 145.8-149.1 million VND/tael (buying - selling), an increase of 1.4 million VND/tael and an increase of 1.7 million VND/tael on the selling side. The buying - selling difference is at 3.3 million VND/tael.
At the same time, SJC gold bar prices were listed by DOJI at the threshold of 146.1-149.1 million VND/tael (buying - selling), an increase of 1.7 million VND/tael in both buying and selling directions. The difference between buying and selling was at 3 million VND/tael.
SJC gold bar price was listed by Bao Tin Minh Chau at the threshold of 146.5-150.5 million VND/tael (buying - selling), an increase of 1.2 million VND/tael in both buying and selling directions. The buying - selling difference is at 4 million VND/tael.
Jewelry gold price
As of 9:10 am, Ancarat listed the price of 24K 9999 Gold Jewelry at 141.4-149.4 million VND/tael (buying - selling), an increase of 1.7 million VND/tael in both buying and selling directions.
DOJI listed 9999 jewelry gold at 144-148 million VND/tael (buying - selling), an increase of 1 million VND/tael in both buying and selling directions.
Bao Tin Minh Chau listed Thang Long 9999 Dragon Gold Jewelry at the threshold of 144.5-149.5 million VND/tael (buying - selling), an increase of 1.2 million VND/tael in both buying and selling directions.
World gold price
At 9:10 am, world gold prices were listed around the threshold of 4, 476.5 USD/ounce, up 66.4 USD compared to the previous day.
Gold price forecast
World gold prices continue to receive support as the USD weakens, US bond yields fall, and expectations for the monetary policy of the US Federal Reserve (Fed) show signs of changing to a more cautious direction. New signals from the views of some Fed officials show the agency's ability to maintain interest rate stability if inflation data continues to cool down.
The decrease in US Treasury bond yields has reduced the opportunity cost of holding gold - an uninterested asset. Meanwhile, the weakening greenback also makes the precious metal more attractive to investors holding other currencies. These are factors that help gold prices quickly recover after a previous strong correction.
However, the market is still waiting for more important US economic data, especially the jobs report and consumer price index in the near future. These figures will play a decisive role in shaping expectations for the Fed's interest rate roadmap.
If the labor market shows clearer signs of weakening, expectations that the Fed maintains a soft monetary policy may continue to support gold prices. Conversely, if job and wage data remain positive, the USD and bond yields may rise again, putting pressure on the precious metal.
Besides the monetary factor, geopolitical instability is still an important support for gold. Risks related to tensions in the Middle East region, especially developments around the important energy transportation route, are maintaining demand for safe-haven assets. However, the impact of this factor has not yet created too much momentum as the market is still focusing more on signals from US monetary policy.
Technically, the upward momentum of gold is being strengthened as prices return to highs after a deep decline. In the short term, the area around 4,490 USD/ounce is considered an important resistance level.
Gold price data is compared to the previous day.
The information in the article is for reference only, reflecting market developments at the time of recording and not an investment recommendation. Investors need to carefully consider their financial capacity, personal goals and related risks before making a decision to buy or sell gold.
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