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Gold worth at midday on February 28: Immediately rose sharply on the finish of the month

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February 28, 2022
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Gold worth at midday on February 28: Immediately rose sharply on the finish of the month

February 28, 2022
in Economy


Gold worth at this timenewest gold worth information, 24h gold worth replace, newest home and world gold worth, SJC gold, 9999 gold value?

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World gold worth

World gold worth At midday on February 28, the world gold worth traded on the Kitco flooring is at the moment listed at $1,918.30 per ounce, up $29.3 in comparison with the early hours of yesterday.

Gold worth on the earth market has risen sharply and is at the moment on the high after the Ukraine disaster escalated.

In response to Kitco inside the final 30 days, the world market gold worth elevated by 126.7 USD per ounce, equal to 7.07%.

Gold price at noon on February 28: Suddenly rose sharply in the last session of January
The world gold worth elevated sharply regardless of the tense state of affairs in Ukraine. Picture: Kitco

The world gold worth has now damaged out to the very best degree since September 2020 at 1,976.5 USD/ounce.

Nevertheless, this treasured metallic was unable to take care of its upward momentum and all of a sudden plunged beneath the extent of 1,900 USD/ounce regardless of receiving many supportive components regardless of the dearth of an answer to the stress in Ukraine and the dearth of an answer to the tensions in Ukraine. as inflation is on the rise.

Home gold worth

Home gold worth At midday on February 28, the home gold worth additionally fluctuated strongly underneath the affect of the world gold worth.

SJC gold worth in Hanoi and Da Nang space is at the moment standing at 64.55 million dong/shopping for quantity and 65.77 million dong/promoting quantity.

In the meantime, the worth of SJC gold in Ho Chi Minh Metropolis is at the moment being purchased on the identical worth as the 2 areas above, even decrease than 20,000 VND.

PNJ gold worth remains to be the unit with the bottom shopping for and promoting worth of gold available in the market.

In Hanoi, PNJ gold is at the moment being purchased at 54.6 million dong/tael and bought at 55.35 million dong.

Replace the most recent home gold worth checklist at midday on February 28:

Gold price at noon on February 28: Sudden rise in the last session of February
Home gold worth checklist at midday on February 28

Gold worth forecast

Forecasting gold costs within the close to future, specialists say that gold costs have eased tensions rapidly, though the warmth in Ukraine has not cooled down but. Nevertheless, buyers realized that danger aversion available in the market was at its peak, so that they restricted their funding.

Gold price at noon on February 28: Suddenly rose sharply in the last session of March
Gold costs are forecasted by specialists to proceed to rise sharply. Picture: Web

As well as, concerning the inflation state of affairs, specialists assess that inflation is sort of a double-edged sword that has had an excellent impression on treasured metals, placing strain on the Fed to boost rates of interest, negatively impacting costs. yellow.

Though gold costs haven’t saved the identical momentum as final time, analysts are nonetheless optimistic that gold costs falling from 1.5-year highs is solely a technical profit-taking.

Most buyers assume that the latest drop is seen as a sign for a robust breakout of the gold market within the close to future.

Tags: domestic gold pricegold bar pricegold price 9999gold price todaySJC gold priceworld gold price
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