The price of gold bars at Saigon Jewelry Company - SJC is currently being bought at 114.9 million VND, sold at 117.2 million VND, down 800,000 VND for buying and 1 million VND for selling compared to the end of last week. Combined with the difference between buying and selling prices , gold buyers after a week continued to lose 3.3 million VND.
Thus, domestic gold prices have recorded two consecutive weeks of decline, pushing buyers' losses after half a month to nearly VND9 million/tael.
Gold prices continue to fall, causing heavy losses for buyers. PHOTO: NGOC THANG
On the contrary, the 4-number-9 gold ring price at SJC Company increased by 700,000 VND in buying price after a week, up to 111.2 million VND, and the selling price increased by only 100,000 VND, up to 113.6 million VND. Bao Tin Minh Chau Company bought gold rings at 113 million VND, and sold them down to 116 million VND, unchanged from the end of last week. This is also the highest selling price of gold rings on the market.
The world gold price at the end of the week reached 3,307.67 USD/ounce, up 19.37 USD/ounce after a week. Converted according to Vietcombank exchange rate, the world gold price is equivalent to 104.5 million VND/tael (excluding taxes and fees). Currently, each tael of SJC gold bar is 12.7 million VND more expensive than the world price.
This week, 14 experts participated in the Kitco News gold survey, but they were divided on the direction of the precious metal. Seven, or 50%, expect gold prices to rise next week. Meanwhile, six, or 43%, predict gold prices will fall, and one sees the precious metal moving sideways.
Meanwhile, an online survey of 256 individual investors showed increasing positive sentiment, with 169 people, or 66%, expecting gold prices to rise. Conversely, 39 people, or 15%, predicted a fall, and the remaining 48 people, or 19%, thought gold would fluctuate sideways.
Speaking to Kitco News, James Stanley, senior market strategist at Forex.com, said that gold prices will rise. Mr. Stanley said that gold is currently testing support around the old resistance level of $ 3,325 / ounce, and the highlight of the past week was that gold set a new short-term high when it briefly broke above the $ 3,350 / ounce level. "I do not rule out the possibility of buyers coming back. I am watching deeper support levels at $ 3,300 and $ 3,280 / ounce," he added... /.
According to Thanh Nien Newspaper
Source: https://thanhnien.vn/gia-vang-hom-nay-862025-nguoi-mua-sau-nua-thang-lo-gan-9-trieu-dong-185250608053235764.htm
Source: https://baolongan.vn/gia-vang-hom-nay-08-6-nguoi-mua-sau-nua-thang-lo-gan-9-trieu-dong-a196717.html
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