Gold price today, update the latest gold price list, how much is SJC gold, how much is the price of gold bars, 9999 gold prices, the latest SJC gold.
Table of Contents
World gold price
World gold price on the morning of May 26 is currently listed around the threshold of 1,853 USD/ounce.
Previously, the world gold price suddenly slipped compared to the June gold futures price, which dropped by 12.9 USD to 1,851.6 USD/ounce.
The price of spot gold for the last transaction is currently standing at 1,853.5 USD/ounce, down 11.9 USD/ounce compared to the dawn of the previous day.
Gold price this morning dropped sharply due to pressure from the recovery of USD.
After hitting a 4-week low, due to strong selling pressure, the US Dollar Index (DXY) measures the greenback’s movements in 6 major currencies (EUR, JPY, GBP, CAD, SEK, CHF) in the early morning session recovered again.
Domestic gold price
The domestic gold price today suddenly plummeted when it dropped 1.1 million dong/tael bought and 1 million dong/tael sold.
Gold price SJC in Hanoi and Ho Chi Minh City are currently listed at 54.20 – 55.30 million VND/tael bought and sold.
SJC gold price is currently trading around the threshold of 68.00 – 69.00 million VND/tael bought and sold.
The price of 24K gold jewelry is currently trading around the threshold of 53.60 – 54.40 million VND/tael bought and sold.
The price of 18K gold jewelry is currently trading around the threshold of 39.55 – 40.95 million VND/tael bought and sold.
Latest domestic gold price update
Gold price forecast
Currently, interest rate expectations of the US Federal Reserve (Fed) are in line with market expectations.
The market is looking for 3 consecutive 50 basis point increases.
According to forecasters, the gold price is forecasted to continue to decline due to the pressure of the “hawkish” stance from the Fed in monetary policy.
There are many opinions that the Fed is more likely to sacrifice economic growth to bring inflation under control.
“There is a shift in sentiment and the precious metals market still has some technical hurdles to overcome,” said Ole Hansen, head of commodity strategy at Saxo Bank.
According to this expert, for gold to break out, it must break the next important barrier at $1,868 an ounce.