According to data from Kitco, the price of gold is currently trading around $4,139 per ounce; compared to 30 days ago, the precious metal has decreased by approximately $247 per ounce, equivalent to 5.6%.

In Vietnam, at Bao Tin Manh Hai, SJC gold is commonly listed at 140 - 143 million VND/ounce (buying price - selling price).

At Bao Tin Manh Hai, round gold rings are priced around 13.9 million VND/tael; 24K gold jewelry is traded in the range of 13.8 - 14.2 million VND/tael. Some products such as the 24K "Little Gold Cat" are traded in the range of 13.9 - 14.3 million VND/tael.

Gold products at Bao Tin Manh Hai are attracting much customer interest amidst the continued volatility of the gold market. Photo: Hai Ngoc

On the market, SJC gold bars are listed at 141.1 - 144.1 million VND/ounce (buying price - selling price), a decrease of 200,000 VND/ounce in both directions.

The price of SJC gold rings is currently at 140.6 - 143.6 million VND/ounce, also down 200,000 VND/ounce in both buying and selling prices compared to early yesterday morning.

Senior analyst Achilleas Georgolopoulos at XM Trading believes that risk aversion and expectations of a reduced likelihood of Fed interest rate hikes are supporting gold prices. However, the short-term trend is not yet truly positive.

According to Georgolopoulos, if the US jobs report is stronger than expected, gold prices could face further pressure and retest the $4,000/ounce level.

Some experts also believe that expectations of rising interest rates and high US bond yields could push gold prices back to the $4,000/ounce range this week.

Conversely, although the prospect of price increases faces more obstacles, some experts still believe that gold could head towards $5,000 per ounce within the next six months.

Silver and Precious Treasures - Gift suggestions to send best wishes to parents.

The Silver Gia Bao design features symbols of pine, chrysanthemum, bamboo, and plum blossom, conveying wishes for health, blessings, perseverance, and complete happiness. The Dong Son bronze drum motif evokes a sense of origin and the connection between generations.

Customers can choose to purchase Gia Bao Silver through Bao Tin Manh Hai's online channel, with various denominations from 1 tael to 1 kg, suitable for different needs and budgets.

When ordering online, customers are guaranteed the price at the time of payment and can choose free nationwide delivery or pick up their order directly at our offices in Hanoi and Ho Chi Minh City.

Silver and Precious Treasures is a gift choice that conveys filial piety, expressing affection and best wishes to parents.

Source: https://thanhtra.com.vn/tieu-dung-AA9F50895/gia-vang-chiu-suc-ep-co-the-quay-lai-4000-usdounce-980159558.html