The price of SJC gold bars decreased by 1.2 million VND per tael, losing 150 million VND/tael. Saigon Jewelry Company - SJC bought at 147.8 million VND, sold at 149.8 million VND. Phu Quy Company also reduced the buying price to 146.8 million VND, sold at 149.8 million VND. Phu Nhuan Jewelry Joint Stock Company (PNJ) reduced the buying price to 147.8 million VND, sold at 149.8 million VND... Compared to the high price reached at the end of October, SJC gold bars decreased by 4.8 million VND per tael and buyers lost 7 million VND/tael.
Similarly, gold rings also decreased by 1.2 million VND per tael, SJC Company bought at 145.3 million VND, sold at 147.9 million VND. Phu Quy Company reduced by 1 million VND, bought at 146.5 million VND, sold at 149.5 million VND. PNJ Company reduced the buying price to 146 million VND, sold at 149 million VND...
SJC gold bar price lost 150 million VND/tael. PHOTO: NGOC THACH
The world gold price fell another 5 USD per ounce, down to 4,041 USD. During the US trading session (night of November 17), the world precious metal fell to 4,027 USD, equivalent to a loss of 63 USD in less than a day. The gold price fell due to the lack of support. Precious metal traders are looking forward to the US government's economic data being released again. The US Bureau of Labor Statistics (BLS) has announced that it will release the September employment report on November 20, after being delayed due to the government shutdown. BLS will also release inflation-adjusted September earnings on Friday (November 21) and will be released later. The new data will help shed light on the US economic situation, although the data will be more retrospective than usual.
According to Dilin Wu, research strategist at Pepperstone, the gold price trend remains uncertain as expectations of a December interest rate cut weaken, putting downward pressure on prices, while concerns about a slowing US economy and the independence of the US Federal Reserve (Fed) support safe-haven demand. Gold prices have followed a classic "rise and fall" pattern, with both buyers and sellers active. On the one hand, growing uncertainty about the US economic outlook and doubts about the independence of the Fed have supported safe-haven demand. On the other hand, with the government reopening, some bulls taking profits, and continued hawkish signals from Fed officials, along with market expectations of easing, the upside momentum has been limited. The $4,050 and $4,000 per ounce levels are support levels as gold prices fall.
Source: https://thanhnien.vn/gia-vang-hom-nay-18112025-giam-nhanh-mat-moc-150-trieu-dong-luong-185251118084511809.htm






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