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Gold worth at midday on June 3: SJC gold fluctuated strongly

June 3, 2022
in Economy


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Gold value at midday on June 29: Combined fluctuations

Gold value at midday on June 28: The primary plunge fell sharply

Gold worth at this time, replace the most recent gold worth information, how a lot is SJC gold, how a lot is gold bar, 9999 gold, how a lot is PNJ gold?

World gold worth

The world gold worth is presently anchored at a excessive degree when listed at $1,867/ounce.

Spot gold in Asia continued to fluctuate at $1,870, including $2.90 (0.16%) to $1,872.40 per ounce.

Gold’s achieve was supported by a decline within the US greenback index in addition to a pointy enhance in authorities bond yields.

Gold price at noon on June 3: SJC gold fluctuated strongly 1
The world gold worth is presently standing at a excessive threshold. Picture: Kitco

As well as, the US job market lacks optimism in addition to help for valuable metals.

One of many causes for the sharp enhance in producer costs in Europe is principally because of the sharp enhance in power prices.

Excluding power, the enter worth index on this space elevated by 15.6% over the identical interval final yr.

Home gold worth

Home gold worth at midday on June 3 has many fluctuations.

SJC gold costs in Hanoi and Ho Chi Minh Metropolis are presently listed at 68.80 – 69.70 million VND/tael purchased and bought.

Gold price at noon on June 3: SJC gold fluctuated strongly 2
The home gold worth fluctuated strongly within the afternoon session on June 3. Picture: Web

PNJ gold worth is presently listed at 54.10 – 55.20 million VND/tael purchased and bought.

The value of 24K gold jewellery is presently listed at 53.50 – 54.30 million VND/tael purchased and bought.

The value of 18K gold jewellery is buying and selling at 39.48 – 40.88 million VND/tael purchased and bought.

Replace the most recent home gold worth record at midday on June 3

Gold price at noon on June 3: SJC gold fluctuated strongly 3

Gold worth forecast

Gold Technical Forecast: The downtrend will persist for two.5 months on the every day chart and the downtrend continues to take care of the general near-term technical benefit.

Accordingly, the subsequent upside goal is to create a detailed above resistance at $1,900 an oz.

In the meantime, the subsequent near-term draw back worth goal is to push gold costs under stable technical help, additionally the Could low of $1,785 an oz.

Gold worth sooner or later is forecasted to interrupt out after leaping above the edge of 1,850 USD/ounce.

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