(NLDO) – The world gold price jumped during the day, pushing the price of SJC gold bars and gold rings to increase simultaneously.
On the evening of December 10, the world gold price continued to increase, reaching 2,677 USD/ounce, a total increase of about 50 USD/ounce compared to the lowest level in the previous session. The world gold price is also heading towards the 2,680 USD/ounce area and is expected to continue to increase to reach 2,700 USD/ounce.
Gold prices are currently at their highest level in two weeks. Demand for gold as a safe haven has pushed prices higher.
The world gold price continuously increased, pushing the domestic gold price to also close at the highest level of the day. The price of SJC gold bars was bought by SJC Company at 83.6 million VND/tael, sold at 85.6 million VND/tael, the selling price was stable but the buying price increased by half a million VND/tael compared to this morning.
This is also the transaction price at PNJ, DOJI, Eximbank, Sacombank. Meanwhile, ACB raised the buying price of SJC gold bars to a higher level of VND84.4 million/tael, the selling price is the same as SJC at VND85.6 million/tael.
Price of 99.99 gold ring approaches 85 million VND/tael
Similarly, the price of 99.99 gold rings increased even more strongly, approaching the 85 million VND/tael mark. At the end of the day, the price of plain gold rings was listed by SJC Company at 83.5 million VND/tael for buying and 84.8 million VND/tael for selling, with the buying price increasing by 400,000 VND while the selling price increased by 200,000 VND. In just 1 day, the price of gold rings increased by about 600,000 VND.
DOJI Group pushed the price of plain gold rings up to 84.9 million VND/tael for sale. This is the highest price of gold rings in the past 2 weeks.
In its latest report on the gold market, Bank of America experts predicted that gold prices could reach $3,000 per ounce by 2025. The precious metal was supported in the new year by economic and geopolitical uncertainty, boosting safe-haven demand. Bank of America forecasts gold prices to average around $2,750 per ounce next year.
However, in the short term, investors need to be patient because the adjustment period, the fluctuation of gold price below the $3,000/ounce mark can last for several months when the demand for gold from China remains weak. Gold price is also under pressure in the short term due to high US bond interest rates and a stronger USD.
Currently, the world gold price converted according to the listed exchange rate is about 82.2 million VND/tael.
Source: https://nld.com.vn/toi-10-12-ca-gia-vang-the-gioi-lan-vang-nhan-9999-deu-tang-nhanh-196241210203249687.htm
Comment (0)