Gold price today April 13: SJC skyrockets, experts predict gold will "go to the moon"

Saigon Jewelry Company (SJC) listed gold bars at 103 - 106.5 million VND/tael (buy - sell), an increase of 800,000 VND/tael for buying and 1.3 million VND/tael for selling compared to yesterday. The difference between the buying and selling prices is 3.5 million VND/tael.

Similarly, 103 - 106.5 million VND/tael (buy - sell) is also the price listed by DOJI Group, Phu Nhuan Jewelry Company (PNJ) and Bao Tin Minh Chau brand for SJC gold bars. Today's gold price increased by 800,000 VND/tael for buying and 1.3 million VND/tael for selling compared to the most recent trading session. The difference between the two buying and selling prices is 3.5 million VND/tael.

For gold rings, Saigon Jewelry Company listed the price at 101.4 - 104.9 million VND/tael for buying and selling. This price was adjusted by SJC to increase by 300,000 VND/tael for buying and 500,000 VND/tael for selling compared to the end of the most recent trading session.

DOJI Group listed Hung Thinh Vuong 9999 round gold rings at 101.2 - 104.8 million VND/tael (buy - sell); increased by 500,000 VND/tael for buying and 500,000 VND/tael for selling compared to yesterday.

Meanwhile, gold rings at Bao Tin Minh Chau are listed at 101.6 - 105.1 million VND/tael (buy - sell); an increase of 700,000 VND/tael for buying and 600,000 VND/tael for selling. The difference between buying and selling is 3.5 million VND/tael.

Globally , according to Kitco News' latest weekly gold survey, bullish sentiment on gold among experts and retail investors is stronger than ever, amid weakening macro factors.

“Gold? It’s all the way to the moon. It’s hard to pinpoint where the next resistance level is, but long-term targets of $3,300 and $3,500 an ounce are certainly doable,” said Marc Chandler, CEO of Bannockburn Global Forex.

Sharing a positive view, Adrian Day - Chairman of Adrian Day Asset Management said that despite the recent corrections, the upward trend of gold is still very clear. "The latest pullback, like the previous ones, was very short-lived. Gold is clearly gaining momentum, with more and more buyers pouring in," he commented.

James Stanley, senior market strategist at Forex.com, said he remains bullish on gold. “This is not the time to think about reducing gold exposure. I have been bullish in previous surveys and see no reason to change that now,” Stanley said.

Adding further support to gold prices, Daniel Pavilonis, senior commodities broker at RJO Futures, said that developments in the bond market over the past week have helped push the price of this precious metal up sharply in the short term.

Amid rising geopolitical uncertainty, a weakening US dollar and volatile bond yields, gold continues to cement its role as a “safe haven” in global financial markets.

Source kinhtedothi

Source: https://baotayninh.vn/gia-vang-hom-nay-13-4-sjc-tang-vot-chuyen-gia-du-bao-vang-len-mat-trang--a188762.html