Tuesday, August 9, 2022 11:33
Gold value at midday on August 9, gold value information at the moment, gold value was pushed by the weakening of the greenback.
Gold value at the moment, replace the newest gold value listing, gold value, home gold value, world gold value at the moment.
World gold value at the moment
World gold value at the moment 9/8 reversed to extend sharply, at present listed at 1,785.3 USD/ounce on Kitco.
Gold futures value elevated by 13.9 USD to 1,786.8 USD/ounce whereas spot gold value is at present buying and selling at 1,787.2 USD/ounce, up 13.8 USD in comparison with daybreak this morning. earlier than.
The valuable metallic gold market this morning was boosted by the weakening of the buck and falling bond yields.
In the meantime, the US Greenback Index (DXY) which measures the volatility of the buck with 6 main currencies (EUR, JPY, GBP, CAD, SEK, CHF) has now dropped 0.23% to 106. ,38.
A weaker buck reduces gold’s attractiveness to patrons holding different currencies.
Home gold value at the moment
Home gold value at the moment was much less risky as a lot of the gold, silver and gem buying and selling institutions remained on the identical buying and selling degree of the day gone by.
The value of SJC gold in Hanoi and Ho Chi Minh Metropolis is at present listed at 66.40 – 67.35 million VND/tael.
PNJ gold value is at present listed at 52.20 – 53.20 million VND/tael purchased and offered.
The value of 24K gold is at present listed at 51.80 – 52.60 million VND/tael purchased and offered.
The value of 18K gold is at present buying and selling at 38.20 – 39.60 million VND/tael purchased and offered.
Replace the newest home gold value listing:
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Gold value forecast
In accordance with analysts, the roles report in July has modified market sentiment as buyers nonetheless anticipate the Fed to take care of a constructive financial coverage stance.
With better-than-expected jobs information, the Fed is more likely to improve by 75 foundation factors after which gold can be overshadowed.
In the meantime, some analysts are nonetheless optimistic as the valuable metallic continues to be holding assist ranges.
In accordance with Jim Wyckoff senior analyst at Kitco Metals, the market nonetheless has some technical costs that might drive gold costs greater this week.
