02.08.2022, 12:42

Gold worth at midday on August 2: SJC “flipped” and skyrocketed




Gold worth at present 2/8, newest gold worth information, replace home gold worth listing, newest world gold worth.

World gold worth at present

World gold worth at present 2/8 within the afternoon session on Kitco flooring is at present listed at 1,773 USD/ounce.

The world gold worth continues to extend by 6.5 USD/ounce, to 1,779 USD/ounce.

Gold worth at midday on August 2: SJC “flipped” and skyrocketed
The world gold worth fluctuates strongly. Photograph: Kitco

As well as, the US financial data introduced at present nonetheless doesn’t make buyers really feel much less apprehensive concerning the recession.

The world gold worth surged sharply and hit the very best stage previously 3 weeks due to the enhance of the dollar.

The dollar just lately continued to fall deeply after a collection of US financial knowledge was launched, particularly the US Federal Reserve’s choice to boost rates of interest by 75 foundation factors.

Home gold worth at present

Home gold worth at present, SJC gold bar continues to extend to 50,000 – 400,000 VND per tael.

SJC gold bar worth is at present listed at 64.70 – 68.40 million VND/tael purchased and bought.

PNJ gold worth is at present listed at 52.50 – 53.50 million VND/tael purchased and bought.

The value of 24K gold is at present buying and selling across the threshold of 52.10 – 52.90 million VND/tael purchased and bought.

The value of 18K gold was buying and selling across the threshold of 29.70 – 31.10 million VND/tael purchased and bought.

Replace the newest home gold worth listing

Gold worth forecast

Gold costs may gain advantage from safe-haven flows if international locations slip into recession and central banks are pressured to decide on between curbing inflation, senior market analyst Craig Erlam stated. improvement and financial development.

Gold is forecasted to have many fluctuations within the close to future. Photograph: Web

Sharing the identical view, senior market strategist at RJO Futures thinks that gold has extra room to rise, due to main issues with Russia and Ukraine when the greenback faces many resistances.

Presently, speculative gold costs are nonetheless “holding their breath” ready for different financial knowledge to be launched, to see if the Fed will probably be much less “hawkish”. The subsequent course of gold can be forecasted to rely closely on financial knowledge.