SJC gold price today
9999 gold ring price
The price of gold rings is being adjusted down by businesses to around 600,000-800,000 VND/tael. Currently, the price of plain round gold rings is listed by Bao Tin Minh Chau at 68.38-69.68 million VND/tael (buy in - sell out). Meanwhile, Saigon Jewelry is listed at 67.8-69.1 million VND/tael for buying in - selling out.
Phu Nhuan Jewelry (PNJ) listed at 67.9-69 million VND/tael (buy - sell).
World gold price
World gold prices fell amid an increase in the USD index. Recorded at 8:00 p.m. on March 22, the US Dollar Index, which measures the greenback's fluctuations against six major currencies, stood at 103.905 points (up 0.23%).
Gold Price Forecast
According to some businesses, domestic gold prices are going down, especially for SJC gold, in the context of the market waiting for a new SJC gold bar management policy that could remove the monopoly on SJC gold and grant licenses to produce raw gold to some qualified businesses.
Currently, the world gold price converted according to the listed exchange rate is about 65.4 million VND/tael, nearly 4 million VND/tael lower than gold rings and about 14 million VND/tael lower than SJC gold bars. The difference between domestic and world gold prices narrowed when gold bar prices fell more sharply than the world.
According to Kitco, world gold and silver prices fell in Friday trading session as traders took profits after record gains this week.
A strong recovery in the US dollar has pushed gold prices lower. Meanwhile, Asian and European stock indexes were mixed overnight. US stock indexes are on track to open higher, at or near record highs this week.
Some analysts recommend that new investors entering the gold market and intending to buy gold for accumulation at this time need to closely monitor market developments to make safe buying decisions and avoid losses.
Source
Comment (0)