SJC gold bar price
As of 9:00 AM, SJC gold bar prices were listed by DOJI Group at the threshold of 181.2-84.2 million VND/tael (buying - selling), an increase of 1 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 prices were listed by Bao Tin Minh Chau at the threshold of 181.2-184.2 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 181.2-184.2 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.
9999 gold ring price
As of 9:00 AM, DOJI Group listed the price of gold rings at the threshold of 181.2-184.2 million VND/tael (buying - selling), an increase of 1 million VND/tael in both directions compared to the previous day. The buying - selling difference is at 3 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at 182-185 million VND/tael (buying - selling), an increase of 800,000 VND/tael in both buying and selling directions. The difference between buying and selling prices is at 3 million VND/tael.
Phu Quy Gold and Gems Group listed the price of gold rings at the threshold of 181.2-184.2 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 3 million VND/tael, posing a risk of losses for investors.
World gold price
At 9:05 am, world gold prices were listed around the threshold of 5-175.8 USD/ounce, almost flat compared to the previous day.
Gold price forecast
According to Kitco, world gold prices still receive certain support from safe-haven demand as geopolitical tensions in the Middle East continue to escalate and the prospects of conflict remain uncertain. In the context of increasing risks, a part of investors still maintains the trend of seeking precious metals as a tool to preserve assets.
However, the upward momentum of gold is not completely stable. Compared to the peak in the session, the price of precious metals has narrowed its upward momentum as some short-term traders on the futures contract market proceeded to take profits after the previous strong increase period. This caused the market to enter a state of stalemate, when shelter buying and profit-taking activities coexist.
Technically, experts believe that the trend of gold is still leaning towards positive. According to Kitco's analysis, buyers are aiming to bring the closing price to exceed the important resistance level around 5,200 USD/ounce, further to the 5,250 USD/ounce zone.
If the upward momentum is strengthened, the market may retest higher levels in the near future. In the opposite direction, the noteworthy support zone for gold is currently around 5.982 USD/ounce and the psychological level of 5,000 USD/ounce.
However, not all experts believe that gold will break through soon. Ms. Michele Schneider - market strategist at MarketGauge, said that the precious metal may need more time to accumulate after a period of hot growth.
According to her, some other safe-haven assets, especially bonds, are becoming more attractive to investors in the context of a potentially risky global economy.
Recent developments show that gold may have difficulty overcoming the important resistance zone around 5,400 USD/ounce in the short term," Ms. Schneider said. According to her, the market is currently in a correction and accumulation phase, as cash flow tends to distribute to other safe channels.
In addition, the recovery of the USD is also a factor putting pressure on gold prices. As Middle East tensions increase, some investors prioritize holding cash in USD to ensure liquidity, instead of focusing only on gold as in previous crisis periods.
Although there are still many fluctuations in the short term, many experts still maintain a positive view on the long-term prospects of the precious metal. Factors such as geopolitical instability, energy supply risks and changes in the global financial system are expected to continue to create a supporting foundation for gold prices in the coming time.
Gold price data is compared to the previous day.
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