Gold value right this moment, the most recent gold value information, home and world gold costs are paired most shortly and precisely.
Home gold value
Home gold value Not too long ago, the home gold value this morning on January 21 continued to extend in keeping with the world market.
Gold value SJC in Ho Chi Minh Metropolis market is at the moment listed at 61.15-61.75 million dong/tael, a slight improve of fifty,000 dong in each instructions in comparison with the identical interval within the earlier session.
In the meantime, the worth of Doji gold in Hanoi market at the moment elevated by 50 thousand dong in each shopping for and promoting instructions at 61.05-61.65 million dong/tael.
Gold value 24K Dragon Thang Lengthy Bao Tin Minh Chau’s value elevated extra strongly when including 100 thousand dong in each instructions 52.81-53.46 million dong/tael.
The strongest improve was the worth of 9999 NPQ gold when including 150 thousand dong in each shopping for and promoting instructions 52.80-53.50 million dong/tael.
World gold value
World gold value right this moment 21/1, the world gold value continued to extend when it elevated by 2 USD (0.11%) to 1,843.30 USD/ounce.
In the meantime, in 3 consecutive gaining classes, the world gold value within the final 30 classes elevated to 53.20 USD (2.97%).
February gold futures are additionally buying and selling at a excessive of $1,843.10 and March Comex silver costs are at $24.26 an oz.
China’s charge reduce comes as different main central banks all over the world want to tighten financial coverage to restrict inflation.
In the meantime, Europe’s client value index in December elevated by 5.0% over the identical interval final 12 months.
Pattern forecast
Pattern forecast, gold futures are technically held by February gold futures bulls having a strong near-term total technical benefit amid a 5-week uptrend on the every day chart.
One of many subsequent upside targets is to provide a detailed above strong resistance additionally the November excessive of $1,881.90.
Analysts stated that the gold value is at the moment strongly supported by China’s choice to decrease rates of interest.
In the meantime, on January 20, the Folks’s Financial institution of China introduced to decrease the 1-year lending prime charge (LPR) by 10 foundation factors to three.7% from 3.8% and decrease the 5-year LPR by 5 foundation factors. foundation level to 4.6% from 4.65%.
As well as, gold costs are additionally forecast to learn from the escalating tensions between Russia and Ukraine.
