Gold value on the morning of Might 16: Gloomy buying and selling within the final session of the week
Gold value at present, home gold value, world gold value, newest gold value replace, home and world gold
Gold value in the present day 23/5, newest gold value information, gold value on the earth and within the nation has slight fluctuations when it tends to lower proper within the first session of the week.
World gold value
World gold value on the morning of Could 23 tended to lower barely after 2 days of standing nonetheless.
At present, world gold is buying and selling at 1,851 USD/ounce.
World gold value final week closed the buying and selling week with a rise of 1.*%, ending the 4-week collection of the bottom prior to now 13 weeks.
The inventory market sell-off is more likely to proceed subsequent week because the S&P 500 is at present 20% under its January all-time excessive. .
Home gold value
The home gold value within the early hours of this morning stood nonetheless when the gold, silver, and gems buying and selling institutions all stored the identical buying and selling stage of Sunday.
SJC gold costs in Hanoi and Ho Chi Minh Metropolis are at present listed at 68.90 – 69.90 million VND/tael purchased and bought.
PNJ gold value is at present listed at 54.40 – 55.50 million VND/tael purchased and bought.
The worth of 24K gold jewellery is at present listed at 53.80-54.60 million VND/tael purchased and bought.
The worth of 18K gold jewellery is buying and selling across the threshold of 39.70 – 41.10 million VND/tael purchased and bought.
Replace the newest gold value checklist in the present day
Gold value forecast
Newest Gold Worth Forecast: Gold is at present trending decrease within the US inventory market which has boosted demand for different asset courses.
As well as, falling bond yields have additionally partly supported gold costs, as rising yields improve the chance value of holding non-yielding property resembling gold.
In response to senior analyst Ipek Oz Kardeskaya of Swissquote Financial institution (Switzerland), falling bond yields solely help the metallic within the brief time period.
In response to this professional, the value of gold is at present at 200-day common resistance close to $1,837 per ounce. In response to her, if the value breaks out of this stage, the gold value can transfer to the value vary of 1,880 – 1,900 USD/ounce.
