Gold price today 30.8: buyers have confused losses after 1 week of buying | Online work | LAODONG.VN



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The price of gold today 30.8 registered a sharp increase in the world market. In the country, buyers lose up to 550,000 VND / tael due to the large difference between the gold trading companies.

Domestic gold prices At the end of the weekend session, Doji Jewelry Group was trading at: 55.6 million VND / tael (bought) and 56.5 million VND / tael (sold), unchanged since opening. session yesterday morning. The difference between buying and selling is still 900,000 dong / tael.

Illustrative photo: Phan Anh
The price of gold is receiving a positive forecast next week. Illustrative photo: Phan Anh

Saigon Jewelry Company quoted the price of SJC gold at 55.8 million dong / tael (purchased) and 56.92 million dong / tael (sold) in Hanoi. The SJC gold price in Ho Chi Minh City in the afternoon was sold at 56.9 million VND / tael.

Therefore, if you buy gold from Saigon Jewelry Company at the beginning of the week (24.8) and sell in the closing session of the week today, the buyer has a loss of 550,000 VND / tael. It is worth mentioning, although there were many deep declines last week, gold overall still rose around 400,000 VND / tael.

According to experts, the loss of gold buyers is mainly due to the fact that national business units adjust too much their buying and selling differences. The security recommended by the experts is less than 300,000 VND / tael. In fact, most gold trading units still adjust the difference between buying and selling up to millions of dong.

World price of gold The closing session in the United States increased $ 35.7 to $ 1,964.3 / ounce. Gold futures for September delivery on Comex New York increased $ 39.3 to $ 1,961.6 / ounce.

According to some analysts, after a historic rally since the beginning of the year, gold has entered the required consolidation period. This is considered a healthy correction and will help gold maintain its long-term uptrend.

Many experts are optimistic about gold in the near future, when the Federal Reserve chooses to support the labor market to overcome inflation.

Charlie Nedoss, senior market strategist at LaSalle Futures Group, said: “For the Fed, low interest rates are not the problem, unemployment is and that means what they are going to do. to support the job market and that will be good for gold.

At the same point, Afshin Nabavi, head of the trading division of MKS (Switzerland) SA, shared optimism with gold when the price has maintained a significant support level above $ 1,900 / oz for the past time.

“Since the dollar fails to break through critical resistance, it looks like gold will move higher and rise to $ 2,000 an ounce soon. Looking at what’s happening in the world, everything shows the price. Gold is higher.” Afshin Nabavi added.

Meanwhile, gold’s upward trajectory is likely to accelerate as the dollar returns to its downtrend and equity markets turn down. Gold could reach $ 4,000 an ounce by 2023, according to Bloomberg Intelligence.



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