Gold worth at midday on March 29: Uncontrollably plunging when the USD dropped
thamnguyen99 29-03-2022, 11:23


Gold worth at the moment, the newest gold worth information, home and worldwide gold costs plummeted below the affect of the USD.



World gold worth

World gold worth on the afternoon of March 29, the world gold worth is at the moment buying and selling across the threshold of 1,929 USD/ounce.

Gold futures in April fell $15.9 to $1,938.2. Through which, the spot gold worth within the final transaction at the moment stands at 1,923.1 USD/ounce, down 33.2 USD/ounce in comparison with the day past.

Gold worth at midday on March 29: Uncontrollably plunging when the USD dropped
The world gold worth plummeted after the greenback dropped. Photograph: Kitco

The decline in crude oil costs is attributed to the affect of Chinese language authorities’ choice to blockade Shanghai to conduct large-scale Covid-19 testing within the face of an growing variety of infections.

The value of gold can also be affected by the sturdy upward development in bond yields.

Home gold worth

Home gold worth on the afternoon of March 29 has a slight downward development when most gold, silver and gem enterprise institutions have barely decreased the gold worth.

PNJ gold worth is at the moment listed at 55.10 – 56.20 million VND/tael purchased and offered.

SJC gold worth is at the moment buying and selling across the threshold of 68.65 – 69.35 million VND/tael purchased and offered.

The value of 24K gold jewellery is at the moment listed at 54.50 – 55.30 million VND/tael purchased and offered.

The value of 18K gold jewellery is at the moment buying and selling across the threshold of 40.23 – 41.63 million VND/tael purchased and offered.

Replace the home gold worth checklist at midday on March 29

Gold worth forecast

Gold worth forecast: Specialists predict that gold continues to be thought-about a sexy commodity amid escalating inflation in addition to heightened geopolitical tensions in lots of areas of the world.

Analysts and surveyors in addition to buyers count on gold costs to extend additional subsequent week.

Gold worth is forecasted to plunge uncontrollably after the greenback dropped. Photograph: Web

Many individuals count on the gold worth might quickly regain the realm of ​​$ 2,000/ounce.

Many forecast that gold’s rally can be hindered by the US Federal Reserve’s means to speed up the tempo of rate of interest hikes.

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