SJC gold bar price
As of 9am this morning, the SJC gold price was listed by DOJI Group at 81.5-83.5 million VND/tael (buy – sell).
Compared to the opening session yesterday morning, the gold price at DOJI increased by 1.9 million VND/tael of buying and increased by 1.4 million VND/tael of selling. The difference in buying and selling price of SJC gold at DOJI decreased to 2 million VND/tael.
Meanwhile, Bao Tin Minh Chau listed SJC gold price at 81.75-83.75 million VND/tael (buy – sell). The difference in buying and selling price of SJC gold is at 2 million VND/tael.
Compared to the opening session yesterday morning, the price of gold at Bao Tin Minh Chau increased by 1.6 million VND/tael for buying and increased by 1.5 million VND/tael for selling.
The difference between buying and selling gold increased at a high level, causing investors to face the risk of loss.
Gold ring price 9999
As of 9 a.m. today, April 24, Bao Tin Minh Chau listed the gold ring price at 73.68-75.38 million VND/tael (buy – sell).
Compared to yesterday morning’s opening session, the price of gold rings was adjusted by Bao Tin Minh Chau to decrease by 200,000 VND/tael for both buying and selling directions.
The price of 9999 Hung Thinh Vuong round gold ring at DOJI is listed at 73.8-75.45 million VND/tael (buy – sell).
Compared to yesterday morning’s opening session, DOJI kept the price of gold rings unchanged on the buying side and decreased by 50,000 VND/tael on the selling side.
Phu Nhuan Jewelry (PNJ) is listed at 73-74.7 million VND/tael (buy – sell).
Compared to yesterday morning’s opening session, PNJ’s gold ring price was adjusted down by 500,000 VND/tael for buying and 600,000 VND/tael for selling.
World gold price
As of 9am, the world gold price listed on Kitco was at 2,319 USD/ounce, an increase of 12.4 USD/ounce compared to the opening of the previous trading session.
Gold price forecast
After two bad trading sessions, world gold prices are recovering. Experts say that some US economic data combined with “bottom-scraping” buying is supporting precious metals.
“Gold and silver have lost momentum but remain technically solid,” Kitco.com senior market analyst Jim Wyckoff said. “This week’s sell-off in gold and silver markets was only is an adjustment during major price increases.
If strong selling pressure continues this week, near-term technical damage is likely to begin. Gold and silver trading activities for the remainder of this week will be extremely important” – Jim Wyckoff shared.
Meanwhile, Neils Christensen – an analyst at Kitco News – commented that the market has escaped its low level due to activity in both the US service and manufacturing sectors losing momentum.
S&P Global said its preliminary Purchasing Managers’ Index for the US services sector fell to 50.9 (compared with 51.7 in March). The report said activity in the services sector fell to a five-month low.
At the same time, activity in the manufacturing sector fell to 49.9 (compared with a downwardly revised 51.9 in March). The report also said that this index has dropped to its lowest level in 4 months.
Gold prices recovered amid a decline in the USD index. Recorded at 9:10 a.m. on April 24, the US Dollar Index measuring the fluctuation of the greenback with 6 major currencies was at 105,450 points (down 0.05%).
According to experts on Kitco, many countries’ central banks and long-term investors still hold gold and have no intention of selling it soon.
