SJC gold bar price
As of 9:30 am, SJC gold bar prices were listed by DOJI Group at the threshold of 179.5-182.5 million VND/tael (buying - selling), down 2.5 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 180.1-183.1 million VND/tael (buying - selling), down 1.9 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 Jewelry Group listed SJC gold bar prices at the threshold of 180.3-83.1 million VND/tael (buying - selling), down 1.9 million VND/tael in both buying and selling directions. The difference between buying and selling prices is at the threshold of 2.8 million VND/tael.
9999 gold ring price
As of 9:30 am, DOJI Group listed gold ring prices at the threshold of 179.5-182.5 million VND/tael (buying - selling), down 2.5 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 180.1-183.1 million VND/tael (buying - selling), down 1.9 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 180.1-183.1 million VND/tael (buying - selling), down 1.9 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 9:30 am, world gold prices were listed around the threshold of 5,077 USD/ounce, down 95 USD compared to the previous day.
Gold price forecast
In the international market, many experts believe that the developments of gold in the short term are still quite unpredictable as the precious metal is being interspersedly affected by many economic and geopolitical factors.
Although tensions in the Middle East continued to escalate after attacks related to Iran, gold prices did not maintain the strong upward momentum as expected. According to analysts, the main reason comes from the rising USD and bond yields, reducing the attractiveness of the precious metal.
Mr. Marc Chandler - Managing Director of Bannockburn Global Forex - said that recent developments show that geopolitical conflicts are no longer a strong supporting factor for gold as before. According to him, world gold prices have decreased significantly in the past week as the market adjusted expectations for when major central banks cut interest rates. If the important support level of 5,000 USD/ounce is broken, gold prices may continue to fall back to the 4,850 USD/ounce range in the near future.
However, from a long-term perspective, some experts still maintain a positive view on the prospects of precious metals. Mr. Jesse Colombo - independent precious metals analyst and founder of BubbleBubble Report - believes that recent fluctuations are mainly a correction process after a hot period of increase at the end of last year.
According to him, the gold market often experiences "cooldown" after a strong increase and this is a natural development. "No assets can continuously increase in straight line. Current fluctuations only reflect the healthy correction process of the market" - Mr. Colombo said.
This expert also believes that the long-term uptrend of gold has not been broken, as many important technical signals still maintain a positive state. In that context, price decreases may create buying opportunities for long-term investors.
In general, analysts believe that the gold market may continue to fluctuate widely in the coming time. The diễn biến of the USD, the interest rate policy of the US Federal Reserve (Fed) along with the global geopolitical situation will be important factors determining the next trend of the precious metal.
Gold price data is compared to the previous day.
See more news related to gold prices HERE...
