Holding breath waiting for new data

SJC gold bar price

9999 gold ring price

As of 6:00 a.m., the price of 9999 Hung Thinh Vuong round gold rings at DOJI was listed at 77.5 - 78.6 million VND/tael (buy - sell); unchanged.

Saigon Jewelry Company listed the price of gold rings at 77.3 - 78.6 million VND/tael (buy - sell); unchanged.

Bao Tin Minh Chau listed the price of gold rings at 77.43 - 78.63 million VND/tael (buy - sell); down 30,000 VND/tael for both buying and selling compared to the closing price of last week's trading session.

In recent sessions, the price of gold rings has often fluctuated in the same direction as the world market. Investors can refer to the world market and expert opinions before making investment decisions.

World gold price

As of 9:30 p.m. on September 2, the world gold price listed on Kitco was at 2,499.4 USD/ounce, down 4 USD/ounce.

Gold Price Forecast

World gold prices fell last night amid a slight increase in the USD index. Recorded at 9:30 p.m. on September 2, the US Dollar Index, which measures the greenback's fluctuations against six major currencies, stood at 101.652 points (up 0.03%).

The US dollar index has shown strength considering recent data, but gold traders remain optimistic that gold prices will continue to move higher as the precious metal has remained above key levels over the past week.

Traders are calm on the first trading day of the week as some economic data is coming up that will impact gold prices, according to Kitco.

The market is now awaiting the US ISM Manufacturing PMI for August due today. Tomorrow (Wednesday) will be the Bank of Canada monetary policy decision and the US JOLTS Employment Opportunities.

Then on Thursday, traders will keep an eye on the ADP employment index for August, the weekly jobless claims report and the US ISM services PMI.

However, the most attention-grabbing event next week will be the US non-farm payrolls report for August, due out on Friday morning. Some market experts believe the report could increase the Federal Reserve's expected interest rate cut in September from 25 basis points to 50 basis points.

Source: https://laodong.vn/tien-te-dau-tu/cap-nhat-gia-vang-sang-39-nin-tho-cho-du-lieu-moi-1388465.ldo