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Gold price today 2.9, unexpectedly decreased in national and world markets. Some experts predict that the price of gold will be sidelined to consolidate after a soaring rise to an all-time high.
Domestic gold prices, Saigon VBDQ Company quoted the price of SJC gold at 56.55 – 57.50 million VND / tael (buy-sell), an increase of 100,000 VND / tael in the buy and sell directions compared to the closing session. day 1.9. The difference between the buy and sell prices is currently 950,000 VND / tael.
At the same time, DOJI Group quoted the price of gold at 56.75 – 57.72 million dong / tael, keeping the price in both the buy and sell directions compared to the closing session of 1.9 . The difference between the sale price is now greater than the purchase price of 970,000 dong / tael.
World price of gold (in Vietnam time) is trading around $ 1965.50 / ounce, $ 18.5 / ounce below the closing session at 1.9. Yesterday, there was a time when gold prices rose to $ 1,992 / ounce, approaching the $ 2,000 threshold. However, the recovery momentum ended last night and fell unchecked today.
According to analysts, $ 2,000 / ounce is the resistance level, so there may be a lot of news around this price that is worth paying attention to. For example, right in the 1.9 trading session, the fluctuation in the current price level has continuously created considerable selling pressure, the market appears to be and will continue to struggle.
It appears that in the near future, the market will continue to witness upward pressure on gold prices in many ways. If the price of gold can exceed $ 2,000 / ounce, the market is likely to continue running to $ 2,100.
In the short term, some experts forecast that gold prices will move sideways to consolidate after a dizzying rise to an all-time high in early August.
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