Gold worth in the present daygold worth information on the afternoon of February 26, the newest gold worth replace, home and world gold costs concurrently “cooled down” sharply after the risky session of the week.

World gold worth

The world gold worth on the afternoon of February 26 was listed at $1,885 per ounce, a pointy drop from the earlier time, nearing $1,900 per ounce.

The world gold worth dropped beneath the $1,900 mark after tense developments in Ukraine.

Nevertheless, within the final buying and selling session of the week, the gold worth nonetheless skilled a disaster when witnessing the value fluctuations.

The value of gold for April futures on Comex was final traded at $1,885.40, down 2.12% on the day.

Home gold worth

The home gold worth in the present day afternoon of February 26 is at the moment the best at 65.5 million dong/tael, dropping sharply after touching the historic threshold of 67.5 million dong/tael.

Accordingly, in contrast with the morning session, the home gold worth continued to chill down because the gold, silver and gems buying and selling institutions all adjusted their reductions to solely 80,000 – 1.9 million VND/tael.

PNJ gold worth at the moment stands at 54.60 – 55.35 million VND/tael purchased and bought.

SJC gold worth at the moment stands at 64.20 – 65.50 million VND/tael purchased and bought.

The value of 24K gold jewellery is at the moment listed at 54.30 -55.10 million VND/tael.

The value of 18K gold jewellery is at the moment listed at 40.08 – 41.48 million VND/tael.

Home gold worth checklist on the afternoon of February 26

Gold worth forecast

Gold worth forecast, gold worth pattern: Based on analysts, one of many the reason why the gold worth fell is because of the sanctions imposed by the US and different international locations on Russia.

Analysts say that gold continues to be thought of one of many good protected haven property in opposition to geopolitical tensions.

Consultants additionally give recommendation when saying that buyers ought to take a look at gold from a long-term perspective as a substitute of specializing in the dear metallic’s day-to-day fluctuations to make funding selections with little hope. extra dangerous.

As well as, analysts additionally don’t rule out the chance that gold will return to $ 1,850 / ounce subsequent week as a result of the dear metallic has elevated quickly from $ 1,800 to $ 1,900 / ounce just lately.