Gold price at noon on April 8: Volatility is mixed

Gold price today, latest gold price news, how much is gold in the country and the world, how much is SJC gold, 9999 gold bars?

World gold price

The world gold price on the afternoon of April 8 was volatile due to many external factors affecting US bond yields as well as the sell-off in the stock market.

Gold price at noon on April 8: Mixed fluctuations 1
Gold price in the world market tends to prosper. Photo: Kitco

World gold price at noon on April 8 is currently trading around the threshold of 1,930 USD/ounce.

The volatility of the virtual market increased and decreased at the weekend, creating more momentum for the world gold market.

The price of gold for delivery in June rose to $ 16.40 to $ 1,939.40 and Comex silver in May increased $ 0.202 to $ 24,655 an ounce.

Domestic gold price

The domestic gold price in the noon trading session on April 8 did not have too many fluctuations.

PNJ gold is currently listed at 54.70 – 55.80 million VND/tael bought and sold.

Gold price at noon on April 8: Mixed fluctuations 2
The domestic gold price is currently not too volatile. Photo: Internet

SJC gold prices in Hanoi and Ho Chi Minh City are currently listed at 68.30 – 68.90 million VND/tael bought and sold.

The price of 24K gold jewelry is currently listed at 54.10 – 54.90 million VND/tael bought and sold.

The price of 18K gold jewelry is currently listed at 39.93 – 41.33 million VND/tael bought and sold.

Update the domestic gold price list at noon on April 8

Gold price at noon on April 8: Mixed fluctuations 3

Gold price forecast

Gold price forecasters say the Fed is now starting a cycle of tightening monetary policy and in that context a French bank has advised investors to maximize their investment level.

In a report released, the bank confirmed it is currently allocating up to 5% of gold in its multi-asset investment.

SocGen experts also say that the conflict between Russia and Ukraine is still the main factor affecting the global economy, as it creates more political instability and pushes commodity inflation. go higher.

Despite heightened risks, analysts do not see a recession or stagnant inflation ahead.

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By Nguyen Manh Cuong

Nguyen Manh Cuong is the author and founder of the tvtoolsalteria blog. With over 14 years of experience in Online Marketing, he now runs a number of successful websites, and occasionally shares his experience & knowledge on this blog.

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