Gold bars broke the peak, gold rings increased dramatically

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Illustration photo: Phan Anh

Update SJC gold price

Domestic SJC gold price closed on April 26, 2024.
Unit: Million VND/tael. Chart: Khuong Duy
Unit: Million VND/tael. Chart: Khuong Duy

9999 gold ring

As of 6:00 p.m. today, April 26, the price of gold rings at Bao Tin Minh Chau was listed at 74.58-76.18 million VND/tael.

Compared to yesterday’s closing session, the gold ring price was adjusted by Bao Tin Minh Chau to increase by 960,000 VND/tael for buying and increasing by 860,000 VND/tael for selling.

9999 Hung Thinh Vuong round ring at DOJI is listed at 75.05-76.70 million VND/tael (buy – sell).

Compared to yesterday’s closing session, the gold ring price was adjusted by DOJI to increase by 1.25 million VND/tael for both buying and selling directions.

Phu Nhuan Jewelry (PNJ) is listed at 73.45-75.20 million VND/tael (buy – sell).

Compared to yesterday’s closing session, the price of gold rings was adjusted by PNJ to increase by 450,000 VND/tael for buying and increasing by 500,000 VND/tael for selling.

World gold price

World gold price developments. Unit: USD/ounce. Chart: Khuong Duy
World gold price developments. Unit: USD/ounce. Chart: Khuong Duy

Gold price forecast

World gold prices increased despite the strengthening of the USD index. Recorded at 5:00 p.m. on April 26, the US Dollar Index measuring the fluctuation of the greenback with 6 major currencies was at 105,510 points (up 0.06%).

Ole Hansen – market analyst at Saxo Bank said that gold prices dropped sharply in previous sessions due to sell-off. But these same investors increased their purchases again, causing gold to go up. Although gold prices may decrease in the short term, experts still maintain optimism in the long term. Ole Hansen predicts that in the near future, gold prices may return to the range of 2,255-2,260 USD/ounce.

Meanwhile, Jonathan Rose – CEO of Genesis Gold Group said that gold prices will increase even more when a series of countries conduct elections this year, in addition to persistent military conflicts in many countries. place in the world.

This expert said that central banks around the world have huge demand for gold, making it difficult for precious metal prices to decrease.

Matt Simpson – senior analyst at City Index, predicts the precious metal will soon return to the price range of 2,330-2,350 USD/ounce.


The article is in Vietnamese

Tags: Gold bars broke peak gold rings increased dramatically

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