Holding our breath waiting for new data.

Illustration photo: Linh Trang

SJC gold bar price

SJC gold bar prices at the beginning of the morning on September 3rd. Unit: Million VND/ounce.

Recent SJC gold bar prices. Source: Rong Viet Online Services Joint Stock Company (VDOS).

Price of 9999 gold rings

As of 6:00 AM, the price of 9999 Hung Thinh Vuong gold rings at DOJI was listed at 77.5 - 78.6 million VND/ounce (buying price - selling price); unchanged.

Saigon Jewelry Company listed the price of gold rings at 77.3 - 78.6 million VND/ounce (buying price - selling price); unchanged.

Bao Tin Minh Chau listed the price of gold rings at 77.43 - 78.63 million VND/ounce (buying price - selling price); a decrease of 30,000 VND/ounce in both buying and selling prices compared to the closing price of last week's trading session.

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

World gold prices

As of 9:30 PM on September 2nd, the world gold price listed on Kitco was at $2,499.4 per ounce, down $4 per ounce.

World gold price trends. Source: Kitco

Gold price forecast

World gold prices fell last night amid a slight increase in the US dollar index. At 9:30 PM on September 2nd, the US Dollar Index, which measures the fluctuations of the greenback against six major currencies, stood at 101.652 points (up 0.03%).

The USD index has shown strength given recent data, but gold traders remain optimistic that gold prices will continue to rise higher as the precious metal has remained above key price levels over the past week.

According to Kitco, traders are calm on the first trading day of the week as several economic data releases are expected to impact gold prices.

The market is currently awaiting the US ISM manufacturing PMI for August today. Tomorrow (Wednesday) will see the Bank of Canada's monetary policy decision and the US JOLTS employment figures.

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

However, the most anticipated event next week is the US August non-farm payrolls report, released Friday morning. Some market experts believe this report could potentially increase the Federal Reserve's (FED) expected interest rate cut in September from 25 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