Update SJC gold price
Price of round gold ring 9999
As of 6:00 p.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 77.20-78.40 million VND/tael (buy - sell).
Saigon Jewelry Company listed the price of gold rings at 77.1-78.4 million VND/tael (buy - sell).
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 6:30 p.m., the world gold price listed on Kitco was at $2,512/ounce.
Gold Price Forecast
World gold prices increased in the context of the USD index decreasing. Recorded at 5:45 p.m. on August 24, the US Dollar Index, which measures the greenback's fluctuations against 6 major currencies, was at 100.61 points (down 0.78%).
This week, 12 analysts participated in the Kitco News gold survey, with a majority predicting higher prices. Seven analysts expect gold prices to rise next week. Meanwhile, two analysts forecast a decline. The remaining three analysts see the precious metal falling sideways.
There were 225 votes cast in Kitco’s online poll. 146 traders expect gold prices to rise next week. Another 41 expect the yellow metal to trade lower, while 38 respondents see prices consolidating next week.
Gold is set to rise further and there is nothing that can stop the precious metal's rise, said Adam Button, head of currency strategy at Forexlive.com.
Kevin Grady, president of Phoenix Futures and Options, said the gold market is focused on the expected interest rate cut by the US Federal Reserve (FED) and this could be a new opportunity for gold prices to increase. "I think new highs are ahead for gold," Adam Button emphasized.
Source: https://laodong.vn/tien-te-dau-tu/cap-nhat-gia-vang-chot-phien-248-vang-nhan-tang-cao-but-pha-1384300.ldo
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