Gold worth in the present day, replace the newest gold worth information, SJC gold worth, gold worth 9999, how a lot is the world gold?

World gold worth

World gold worth on the morning of Could 18 is at present listed at 1,813 USD/ounce.

The world gold worth is at present below robust strain from the ‘hawk’ stance of the US (Fed).

Subsequently, on this morning’s buying and selling session, the gold market misplaced the momentum gained within the earlier days after Fed Chairman Jerome Powell stated that tightening financial coverage could develop into extra drastic sooner or later. sooner or later if inflation doesn’t decline.

At present, the worth of gold for June futures has misplaced 10.6 USD and is at present buying and selling at 1,813 USD.

Home gold worth

The home gold worth on the morning of Could 18 was barely fluctuating after the gold, silver, and gem buying and selling institutions concurrently adjusted to maintain the buying and selling worth unchanged at daybreak the day earlier than.

Particularly: The worth of SJC gold in Hanoi and Ho Chi Minh Metropolis is at present buying and selling across the threshold of 68.30 – 69.25 million VND/tael purchased and bought.

PNJ gold worth in Hanoi is at present listed at 53.70 – 54.80 million VND/tael purchased and bought.

The worth of 24K gold jewellery is at present listed at 53.10 – 53.90 million VND/tael purchased and bought.

The worth of 18K gold jewellery is at present buying and selling across the threshold of 39.18 – 40.58 million VND/tael purchased and bought.

The worth of 14K gold jewellery is at present listed at 30.28 – 31.68 million VND/tael purchased and bought.

Replace the newest home gold worth record

Gold worth forecast

Whereas the gold market is at present discovering some help round $1,800 an oz, Rob Haworth, senior funding strategist at US Financial institution Wealth Administration, stated the valuable steel market is at present dealing with a headwind. a contemporary competitors for the remainder of the yr because the Fed raises rates of interest aggressively.

In response to this knowledgeable, though inflation has peaked, there are lots of indicators that core inflation will proceed to extend till the tip of 2022 and create a difficult atmosphere for the economic system. economic system in addition to monetary markets.

Within the present atmosphere, plant belongings are seen as a lovely hedge in opposition to inflation and market volatility.

Nonetheless, this knowledgeable doesn’t see gold as a extremely enticing asset and forecasts that the valuable steel is prone to face difficulties till the tip of 2022.