The price of gold bars at Saigon Jewelry Company - SJC is currently being bought at 117.8 million VND, sold at 120.3 million VND, an increase of 2.9 million VND for buying and 3.1 million VND for selling compared to the end of last week. However, those who bought gold bars last weekend only made a profit of 500,000 VND/tael after a week because the difference between buying and selling prices increased to 2.5 million VND.
Gold price increased by more than 3 million VND/tael this week (PHOTO: NGOC THANG)
Similarly, the price of 4-9 gold rings at SJC Company increased by 2.5 million VND in buying price after a week, to 113.7 million VND and increased by 2.7 million VND in selling price, to 116.3 million VND. Meanwhile, Bao Tin Minh Chau Company bought gold rings at 116 million VND and sold at 119 million VND, an increase of 3 million VND/tael compared to the end of last week. This company continues to hold the highest selling price of gold rings in the market.
The world gold price reached 3,433.49 USD/ounce at the end of the week, up nearly 40 USD after a week. The world gold price skyrocketed when military tensions in the Middle East escalated around the attacks between Israel and Iran. Investors increased their choice of safe haven assets when the conflict escalated. Therefore, experts and individual investors both predicted that the gold price would continue to rise next week.
Specifically, of the 14 experts participating in Kitco News' survey on the trend of precious metals, 10 people, equivalent to 71%, said that gold prices will increase next week. On the contrary, only 1 person, equivalent to 7%, predicted a decrease and 3 people said that precious metals will move sideways.
Similarly, in an online survey of 253 individual investors, 146 people, or 58%, predicted that gold prices would rise. Conversely, 54 people, or 21%, predicted a fall, and the remaining 53 people, or 21%, thought that gold would move sideways.
Speaking to Kitco News, Mr. Rich Checkan, CEO of Asset Strategies International, affirmed that gold prices will be higher. Because the attack between Israel and Iran has increased global tensions, there is no doubt that gold will go up./.
According to Thanh Nien Newspaper
Source: https://thanhnien.vn/gia-vang-hom-nay-1562025-tang-hon-3-trieu-nhung-nguoi-mua-chi-lai-500000-dong-185250615073415797.htm
Source: https://baolongan.vn/gia-vang-hom-nay-15-6-tang-hon-3-trieu-nhung-nguoi-mua-chi-lai-500-000-dong-a197080.html
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