Gold price today April 26, 2024 in the international market turned up slightly due to strong buying force from investors when confidence in the market will improve.
Domestic gold price today April 26, 2024
Closing the session on April 25, the price of 9999 gold bars at SJC Ho Chi Minh City was 82 million VND/tael (buying) and 84.3 million VND/tael (selling).
Doji Hanoi is listed at 81.8 million VND/tael (buy) and 84 million VND/tael (sell). Ho Chi Minh City Doji bought SJC gold at 81.8 million VND/tael, sold it at 84 million VND/tael.
International gold price today April 26, 2024
The price of gold on Kitco at 9:00 p.m. (April 25, Vietnam time) was trading at 2,318 USD/ounce, up 0.09% compared to the beginning of the session. Gold futures price for delivery in June 2024 on the Comex New York floor is trading at 2,342.2 USD/ounce.
At the beginning of the trading session on April 25 (US time), gold prices increased slightly. Investor buying power increased due to confidence that the market will continue to improve in the near future.
Domestic demand for gold is still high. Photo: Chi Hieu
According to Ole Hansen, market analyst at Saxo Bank, gold prices dropped sharply in previous sessions due to sell-off. But these same investors increased their purchases again, causing gold to go up. Although gold prices may decrease in the short term, experts still maintain optimism in the long term.
According to Jonathan Rose, CEO of Genesis Gold Group, gold prices will increase even more when a series of countries conduct elections this year, in addition to persistent military conflicts in many parts of the world. .
Mr. Jonathan Rose said that central banks around the world have huge demand for gold, making it difficult for precious metal prices to decrease.
Gold price forecast
Ole Hansen predicts that in the near future, gold prices may return to the range of 2,255-2,260 USD/ounce.
Meanwhile, Matt Simpson, senior analyst at City Index, predicts the precious metal will soon return to a price range of 2,330-2,350 USD/ounce.
Jonathan Rose, CEO of Genesis Gold Group, predicts that in 2024, with the US election and many geopolitical conflicts, gold prices will have many new records.
