Update SJC gold price
As of 9:30 a.m., DOJI Group listed the price of SJC gold bars at VND82.3-84.8 million/tael (buy - sell); down VND700,000/tael in both directions compared to the opening of the trading session yesterday morning.
The difference between buying and selling price of SJC gold at DOJI Group is at 2.5 million VND/tael.
Meanwhile, Saigon Jewelry Company listed the price of SJC gold at 82.3-84.8 million VND/tael (buy - sell); down 700,000 VND/tael in both directions compared to the opening of the trading session yesterday morning.
The difference between buying and selling price of SJC gold at Saigon Jewelry Company is at 2.5 million VND/tael.
Bao Tin Minh Chau listed SJC gold price at 82.3-84.8 million VND/tael (buy - sell); down 700,000 VND/tael in both directions compared to the opening of the trading session yesterday morning.
The difference between buying and selling price of SJC gold at Bao Tin Minh Chau is at 2.5 million VND/tael.
Currently, the difference between buying and selling gold prices is listed at around 2.5 million VND/tael. Experts say this difference is still very high. The difference between buying and selling prices is a factor that investors need to consider when participating in the gold market. It directly affects the ability to make a profit, especially in the short term.
Price of round gold ring 9999
As of 9:30 a.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 82.8-83.9 million VND/tael (buy - sell); down 500,000 VND/tael for buying and down 600,000 VND/tael for selling compared to early this morning.
Bao Tin Minh Chau listed the price of gold rings at 82.88-83.98 million VND/tael (buy - sell), down 400,000 VND/tael for both buying and selling compared to early this morning.
World gold price
As of 9:40 a.m., the world gold price listed on Kitco was at 2,622.39 USD/ounce, down 25 USD/ounce compared to the beginning of the previous trading session.
Gold Price Forecast
World gold prices fell amid an increase in the US dollar. Recorded at 9:40 a.m. on December 6, the US Dollar Index, which measures the greenback's fluctuations against six major currencies, was at 105.792 points (up 0.08%).
Gold prices fell after the US released weekly jobless claims data. The number of people filing new claims for unemployment benefits rose slightly last week, suggesting the labor market continues to cool gradually.
In addition, the yield on 10-year US government bonds increased by 0.3%, and the price of bitcoin surpassed the $100,000 mark for the first time in the session on December 5. The market is also waiting for US non-farm payrolls data to get more information about the US Federal Reserve's stance on interest rate cuts.
Early this morning, the world gold price suddenly dropped sharply after many sessions of tug-of-war. According to Kitco, the victory of US President Donald Trump and his focus on "America First" policies, to support the economy and a stronger USD, has caused global gold investors to reduce their participation in this precious metal.
In its monthly ETF flows report, the WGC noted that the global gold market experienced a strong liquidation, with 28.6 tonnes of gold worth $2.1 billion withdrawn from the ETF market in November.
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