SJC gold bar price

At 9:00 a.m., DOJI Group listed SJC gold price at 78-80 million VND/tael (buy - sell). Compared to the beginning of the previous trading session, DOJI gold price increased by 1.5 million VND/tael for both buying and selling.

The difference between the buying and selling price of SJC gold at DOJI is 2 million VND/tael. This threshold is quite high, causing investors to face the risk of loss.

Meanwhile, Saigon Jewelry Company SJC listed the price of SJC gold at 78-80 million VND/tael (buy - sell). Compared to the beginning of the previous trading session, the gold price at Saigon Jewelry Company SJC increased by 1.5 million VND/tael for both buying and selling.

The difference between buying and selling price of SJC gold at Saigon Jewelry Company is also at 2 million VND/tael.

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 76.65-77.90 million VND/tael (buy - sell), an increase of 350,000 VND/tael for both buying and selling.

Saigon Jewelry Company listed the price of gold rings at 76.6-77.9 million VND/tael (buy - sell), an increase of 400,000 VND/tael in both directions.

Bao Tin Minh Chau listed the price of gold rings at 76.68-77.88 million VND/tael (buy - sell), an increase of 360,000 VND/tael for both buying and selling.

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 9:15 a.m., the world gold price listed on Kitco was at 2,466.3 USD/ounce; an increase of 37 USD/ounce compared to the beginning of yesterday's trading session.

Gold Price Forecast

World gold prices increased as the USD index decreased. Recorded at 9:15 a.m. on August 13, the US Dollar Index, which measures the greenback's fluctuations against six major currencies, was at 102.925 points (down 0.04%).

Experts say the market is rising due to safe-haven demand as investors await US inflation data this week to get a more accurate forecast of the Federal Reserve's interest rate cut plan.

Jim Wyckoff, senior analyst at Kitco Metals, said technical buying pressure emerging as the chart trended up also supported the gold and silver markets.

Gold demand also increases as geopolitical tensions escalate.

Investors are now waiting for the US producer price index (PPI) and consumer price index (CPI) reports to be released this week, to get a clearer assessment of inflation.

The CME FedWatch tool shows that the market is now pricing in a 49% chance of the Fed cutting rates by 50 basis points (0.5%) in September. Gold is considered a hedge against economic and political uncertainty and tends to rise when interest rates are low.