Gold value as we speak August 26: Combined fluctuations
Friday, August 26, 2022 10:47
Gold value as we speak 26/8, replace the newest gold value information, home and world gold costs have blended fluctuations.
Gold value as we speak, newest gold value information, home and world gold value as we speak, world gold value continued to extend barely whereas home gold value slipped from 67 million VND/tael bought.
World gold value as we speak August 26
The world gold value as we speak, August 26, continued to extend barely with the value of gold for October futures, rising by 8.9 USD to 1,761 USD/ounce.
The world gold value delivered on the final buying and selling day is presently standing at 1,758.2 USD/ounce, up 6.6 USD in comparison with the daybreak of yesterday.
Within the afternoon session of August 25, the value of gold was typically close to $ 1,770 / ounce.
Even so, the valuable steel’s rally was capped by a rally within the buck and rising bond yields and falling crude oil costs.
Home gold value as we speak August 26
The home gold value as we speak, August twenty sixth, has blended fluctuations in comparison with the world gold value.
SJC gold costs in Hanoi and Ho Chi Minh Metropolis are presently listed at 66.00 – 66.80 million VND/tael purchased and bought.
PNJ gold costs in Hanoi and Ho Chi Minh Metropolis are presently listed at 51.70 – 52.70 million VND/tael purchased and bought.
The value of 24K gold is presently listed at 51.30 – 52.10 million VND/tael purchased and bought.
Replace the newest home gold value listing
Gold value forecast as we speak
The buck is claimed to be one of many components that retains gold costs down, however Wells Fargo knowledgeable nonetheless forecast this treasured steel will finish on the finish of the yr at $2,000 an oz.
If the US Greenback Index does not keep at a 20-year excessive, gold shall be about $150 larger than the place it is buying and selling, based on Wells Fargo chief real-asset strategist John LaForge.
This knowledgeable affirmed that the USD is the explanation why gold costs can not escape.
The greenback has turn into a well-liked safe-haven as different economies grapple with considerations about inflation and development.
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