Specifically, at 1:00 p.m. on July 28, Saigon Jewelry Company (SJC) listed the buying and selling price of SJC gold bars at 119.6-121.1 million VND/tael, unchanged from yesterday's closing price. The difference between buying and selling is 1.5 million VND/tael.
The price of SJC 9999 gold ring is 114.5 million VND/tael for buying and 117 million VND/tael for selling, unchanged from yesterday's closing price.
DOJI gold bar prices in Hanoi and Ho Chi Minh City were traded at 119.6 million VND/tael for buying and 121.1 million VND/tael for selling, unchanged from the previous session.
This brand listed the buying and selling price of Doji Hung Thinh Vuong 9999 gold ring at 116-118.5 million VND/tael. The buying and selling difference is 2.5 million VND/tael.
PNJ Gold is currently buying at 116 million VND/tael and selling at 118.8 million VND/tael, unchanged from the previous session.
Currently, converted according to the exchange rate at Vietcombank , the world gold price is lower than the price of SJC gold bars by more than 15 million VND per tael.
As of 13:00 on July 28 (Vietnam time), gold price World prices fell 1.9 USD compared to the previous session's close to 3,334.1 USD/ounce.
Kitco News' latest weekly gold survey shows that industry experts are currently divided between bearish and neutral, while retail traders remain bullish on gold in the short term.
There is no reason to believe that gold will collapse at this point, although prices could fall further as buying demand shifts to silver and copper, said Darin Newsom, senior market analyst at Barchart.com. But the fundamental reason for the strength of gold as a safe haven from global uncertainties remains unchanged.
Analysts at Commerzbank maintain a neutral stance in the short term, believing that gold prices have now peaked.
For his part, Rich Checkan, chairman and CEO of Asset Strategies International, said that today's sell-off sets the stage for an uptrend next week.
Gold prices are likely to continue trading in a fairly narrow range as they have been since mid-April, waiting for a breakout, said Adrian Day, chairman of Adrian Day Asset Management.
Fourteen Wall Street analysts participated in the Kitco News Gold Survey this week. Only two analysts, or 14%, see gold prices rising this week, while five analysts, or 36%, see prices falling. The remaining seven, or 50%, see prices moving sideways.
Meanwhile, 135, or 66%, of 206 Main Street retail investors who participated in Kitco News' online poll see gold prices rising this week, while 40, or 19%, see the precious metal falling. Thirty-one, or 15%, see gold prices remaining steady this week.
This morning, the USD-Index increased slightly to 97.69 points; the yield on 10-year US Treasury bonds was at 4.400%; US stocks rose in a perfect week; oil prices edged up slightly, trading at 68.02 USD/barrel for Brent oil and 65.51 USD/barrel for WTI oil.
Source: https://baoquangninh.vn/gia-vang-ngay-28-7-vang-mieng-sjc-van-cao-hon-vang-the-gioi-khoang-15-trieu-dong-luong-3368841.html
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