SJC Gold Price
At 9h, SJC Gold Price is listed by DOJI Group at 76.5-78.5 million VND/lượng (buy in - sell out). Compared to the previous trading session, the gold price at DOJI remains unchanged.
The price difference between buying and selling SJC gold at DOJI is 2 million VND/lượng. This level is quite high, causing investors to face the risk of loss.
Meanwhile, Sài Gòn SJC Gold Company lists the SJC gold price at 76.5-78.5 million VND/lượng (buy in - sell out). Compared to the beginning of the trading session, the gold price at Sài Gòn SJC Gold Company decreased by 500,000 VND/lượng.
The price difference between buying and selling SJC gold at Sài Gòn SJC Gold Company is also 2 million VND/lượng.
9999 Gold Ring Price
As of 9h, 9999 Gold Ring Price at Hưng Thịnh Vượng at DOJI Group is listed at 76.30-77.50 million VND/lượng (buy in - sell out); increasing by 250,000 VND/lượng in both buying and selling.
Sài Gòn Gold Company lists the 9999 gold ring price at 76.15-77.5 million VND/lượng (buy in - sell out); increasing by 250,000 VND/lượng in buying and 200,000 VND/lượng in selling.
Bảo Tín Minh Châu lists the 9999 gold ring price at 76.28-77.48 million VND/lượng (buy in - sell out); increasing by 250,000 VND/lượng compared to the beginning of the trading session.
In recent sessions, the 9999 gold ring price has often fluctuated in the same direction as the global market. Investors can refer to the global market and expert opinions before making investment decisions.
Global Gold Price
As of 9h45, Global Gold Price is listed on Kitco at 2,424.8 USD/ounce; increasing by 37.9 USD/ounce compared to the previous trading session.
Gold Price Forecast
The global gold price has increased when the US Dollar Index remains stable. At 9h15 on August 9, the US Dollar Index, which measures the fluctuation of the US dollar against 6 major currencies, is at 103.027 points (increasing by 0.01%).
Alex Ebkarianv - Director of Operations at Allegiance Gold said: "Gold is benefiting from the increasing number of investors recognizing this tool as a stable asset. They are shifting from risky assets to safer ones".
This expert is optimistic about the prospects for gold. The market is supported by strong demand for safe-haven assets and investors' expectations of a significant interest rate cut by the Federal Reserve in September.
However, the precious metal may experience significant fluctuations, depending on the impact of the interest rate cut policy. "If the FED actually cuts interest rates by 50 basis points (0.5%), the price will increase significantly" - he predicts.
Mr. Yeap Jun Rong - market strategist at IG, the precious metal is also supported by ongoing geopolitical tensions in the Middle East and prolonged concerns about a global economic downturn.
