Risk reduced, should I buy now?

Illustration: Phan Anh

SJC gold bar price

Recorded at 9:00 a.m., DOJI Group listed SJC gold price at 78.3-79.8 million VND/tael (buy - sell).

Compared to the beginning of the previous trading session, gold price at DOJI increased by 500,000 VND/tael for buying and remained unchanged for selling.

The difference between the buying and selling price of SJC gold at DOJI is at 1.5 million VND/tael. This threshold is quite high, causing investors to face the risk of loss.

Domestic gold price developments. Source: Rong Viet Online Service Joint Stock Company VDOS

Meanwhile, Saigon Jewelry Company listed the price of SJC gold at 78.3-79.8 million VND/tael (buy - sell).

The difference between the buying and selling price of SJC gold at Saigon Jewelry Company SJC has decreased from VND2 million/tael to VND1.5 million/tael. This helps investors reduce the risk of loss when investing in the short term.

9999 gold ring price

As of 9:00 a.m., the price of 9999 Hung Thinh Vuong round gold rings at DOJI Gold and Gemstone Group was listed at 76.40-77.55 million VND/tael (buy - sell); increased by 100,000 VND/tael for buying and remained unchanged for selling.

Saigon Jewelry Company listed the price of gold rings at 76.15-77.55 million VND/tael (buy - sell); down 100,000 VND/tael for buying and down 50,000 VND/tael for selling.

Bao Tin Minh Chau listed the price of gold rings at 76.32-77.52 million VND/tael (buy - sell); unchanged.

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 9:00 a.m., the world gold price listed on Kitco was at 2,443.1 USD/ounce; down 11.7 USD/ounce compared to the beginning of yesterday's trading session.

Gold prices ended the trading week at $2,443.1/ounce. Source: Kitco

Gold Price Forecast

World gold prices increased sharply when the USD index decreased. Recorded at 9:00 a.m. on August 3, the US Dollar Index, which measures the fluctuations of the greenback against 6 major currencies, was at 102.999 points (down 1.16%).

Gold had one of its strongest price gains of the year this week. The latest Kitco News weekly gold survey found that a majority of investors expect the precious metal to continue rising next week. Meanwhile, experts are also confident in gold’s upward trajectory.

This week, 14 analysts participated in the Kitco News Gold Survey. Wall Street’s optimism about gold surged after stocks were rocked by economic and geopolitical threats.

Eleven experts predict gold prices will rise further next week. Meanwhile, only one predicts prices will fall. The remaining two analysts predict gold prices will be flat next week.

Meanwhile, 191 votes were cast in Kitco's online poll. 140 investors expect gold prices to rise next week. Another 28 predict gold prices will fall. Meanwhile, only 23 predict gold prices will remain unchanged.

Source: https://laodong.vn/tien-te-dau-tu/gia-vang-hom-nay-38-rui-ro-giam-bot-co-nen-mua-ngay-1375314.ldo