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Gold worth at midday on August 25: Continued sturdy upward momentum

August 25, 2022
in Economy


Thursday, August 25, 2022 11:37

Gold worth at midday on August 25, replace the most recent gold worth information, home and world gold costs continued to extend strongly.

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Gold worth at present, newest gold worth information, replace home gold worth and newest world gold worth.

World gold worth at present 8/25

The world gold worth at present, August 25, listed on the Kitco flooring, rebounded strongly.

World gold worth on August 25 is presently listed by Kitco at $1,756 per ounce.

Earlier than that, the world gold worth closed final week’s session listed on Kitco at $1,754.5 per ounce.

Gold price at noon on August 25: Continuing the strong upward momentum 1
The world gold worth listed on Kitco has a robust upward pattern. Picture: Kitco

The USD stagnation for some time helped the gold worth reverse and reverse the downward pattern.

Based on strategist Bob Haberkorn, the market is presently comparatively quiet as merchants await data on the Jackson Gap convention for extra clues on the trail of the Fed’s fee hike.

Home gold worth at present August 25

Home gold worth at present additionally skilled slight fluctuations when the world gold worth bounced up.

SJC gold costs in Ho Chi Minh Metropolis and Hanoi are presently listed at 66.20 – 67.00 million VND/tael purchased and bought.

Gold price at noon on August 25: Continued strong upward momentum 2
Home gold worth fluctuates strongly in keeping with world gold worth. Picture: Web

PNJ gold worth is presently listed at 51.70 – 52.70 million VND/tael purchased and bought.

The worth of 24K gold is presently listed at 51.30 – 52.10 million VND/tael purchased and bought.

Replace the most recent home gold worth record

Gold price at noon on August 25: Continued strong upward momentum 3

>> MORE: Petrol costs at present on August 25: Proceed to leap to the highest

Gold worth forecast

Forecasting the gold worth within the close to future, a senior market analyst at OAND monetary firm stated that the information exhibits that the economic system is now weakened and factors to the likelihood that the Fed is not going to be drastic in tightening. extra tight financial coverage.

By means of that, the help for gold costs may even be improved.

The economies of Europe and China are presently witnessing a deceleration and gold could have many alternatives to develop into a secure haven for traders.

Tags: gold bar pricegold price newsgold price todaylatest gold priceSJC gold price
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