DNVN – At the end of the trading day on December 14, the price of gold bars remained unchanged at 12 million VND/tael, while the price of gold rings continued to decline, falling below the threshold of 86.3 million VND/tael.
Currently, gold brands display the specific prices as follows: Brand gold bar prices are sold at 86.3 million.
VND/Tael.
On the buyers’ side, most gold prices are quoted at 83.8 million VND/tael,
Phu Quy SJC alone recorded lower buying and selling levels of VND 300.000 respectively.
and 200.000 VND compared to the common level.
The price of the SJC 9999 gold ring is currently listed at 83.3 million VND/tael.
purchase and 84.7 million VND/sale, down 500.000 VND in both directions compared to
the day before in the morning.
DOJI in Hà Nội and Ho Chi Minh City have adjusted their purchase and sale prices to lower them.
300,000 VND, or 83,5 million VND/tael and 84,6 million VND/tael respectively.
PNJ listed the price of gold rings at 83.5 million VND/tael of purchase
and 84.7 million VND/tael sold, recording a decrease of 500.000 VND in both directions.
Bao Tin Minh Chau reduced the price of simple round rings by VND 150.000 each
afternoon, currently at 83.68 million VND/purchase amount and 85.43 million VND/sale amount.
ra.
Phu Quy SJC reduced the price of gold rings to 83.4 million VND/tael
purchases and 84.8 million VND/tael sold, down 500.000 VND in both buyer and seller directions.
to forbid.
World gold prices
According to Kitco, as of 5 a.m. on December 15, Vietnam time, the price
Global spot gold reached USD 2,649,77/ounce, a slight increase of 0,03% from yesterday.
via. Converted according to the USD exchange rate in the open market, it amounts to 25.660 VND/USD, the price of gold.
Internationally, approximately VND81.9 million/tael, excluding taxes and fees. So, the price
SJC gold bars are still 4.4 million VND/tael higher than the world gold price.
Over the past week, global gold prices have fluctuated significantly
The amplitude was large, but at the end of the week the price was almost unchanged from the closing session
last week. Experts say last week’s developments reflect potential
significant quantity of this precious metal.
Gold prices hit a high over the past 5 weeks, driven by
Information that the People’s Bank of China has increased its gold reserves by 5 tons. Despite
This level of addition is lower than previous times, but still attracts great interest from
this country for gold. This motivation has been instrumental in helping gold prices reach all-time highs.
era in recent times.
Some analysts expect the Central Bank
The increase in gold reserves in the United States could push prices to 3.000 USD per ounce by 2025.
Wells Fargo also predicts that this factor will play an important role in the growth
affect gold prices in the new year.
Experts say motivation is pushing countries to increase their intake
Gold reserves have not disappeared, due to concerns about geopolitical instability and danger
global trade war. This trend is expected to continue to strengthen
demand for gold.
This information is considered a positive signal for investors
gold, especially when other sectors of the market are not very optimistic. During the week
The US Federal Reserve (Fed) plans to hold a monetary policy meeting next
end of 2024. There is a strong possibility that the Fed will cut interest rates by 25 basis points, but
The prospects for monetary easing in 2025 remain uncertain.
Recent reports show that inflation remains a major challenge,
forcing the Fed to shorten the easing cycle. Wells Fargo only predicts 2025
there is a drop in interest rates, while Bank of America expects two cuts
interest rate.
Higher interest rates could continue to support the dollar, causing pressure
power over gold. However, despite similar conditions over the past year, prices
Gold is up almost 30%. Neils Christensen, an expert at Kitco News, said that
Even if gold prices do not soar in the near term, the outlook is optimistic.
The long term remains very promising.
Cao Thong (t/h)
