Gold price today, the latest gold price news, domestic and international gold prices plummeted under the influence of the USD.
Table of Contents
World gold price
World gold price on the afternoon of March 29, the world gold price is currently trading around the threshold of 1,929 USD/ounce.
Gold futures in April fell $15.9 to $1,938.2. In which, the spot gold price in the last transaction currently stands at 1,923.1 USD/ounce, down 33.2 USD/ounce compared to the previous day.
The decline in crude oil prices is attributed to the influence of Chinese authorities’ decision to blockade Shanghai to conduct large-scale Covid-19 testing in the face of an increasing number of infections.
The price of gold is also affected by the strong upward trend in bond yields.
Domestic gold price
Domestic gold price on the afternoon of March 29 has a slight downward trend when most gold, silver and gem business establishments have slightly reduced the gold price.
PNJ gold price is currently listed at 55.10 – 56.20 million VND/tael bought and sold.
SJC gold price is currently trading around the threshold of 68.65 – 69.35 million VND/tael bought and sold.
The price of 24K gold jewelry is currently listed at 54.50 – 55.30 million VND/tael bought and sold.
The price of 18K gold jewelry is currently trading around the threshold of 40.23 – 41.63 million VND/tael bought and sold.
Update the domestic gold price list at noon on March 29
Gold price forecast
Gold price forecast: Experts predict that gold is still considered an attractive commodity amid escalating inflation as well as heightened geopolitical tensions in many regions of the world.
Analysts and surveyors as well as investors expect gold prices to increase further next week.
Many people expect the gold price may soon regain the area of $ 2,000/ounce.
Many forecast that gold’s rally will be hindered by the US Federal Reserve’s ability to accelerate the pace of interest rate hikes.
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