Good News for Buyers! Global Gold Prices Fall Below $4,000 per Ounce
6 Articles
6 Articles
Gold prices declined slightly today Thursday, influenced by US inflation data, and projections of US interest raising next December.
Good News for Buyers! Global Gold Prices Fall Below $4,000 per Ounce
NEW YORK: Gold prices declined in the global bullion market on Thursday, pushing the metal’s per-ounce price below the $4,000 mark. Spot gold fell by 0.2% to $3,977.99 per ounce in the international market. During the trading session, prices also touched their lowest level since November 4. Meanwhile, US gold futures for December delivery dropped […]
The sell-off in gold prices, which has lasted for two days, accelerated with the loss of the critical $4,000 level. On the morning of November 12th, the price of gold per ounce fell to $3,976, while US inflation and expectations of a Fed interest rate hike are putting pressure on the markets. All eyes are now on the critical data to be released.
This morning, the price of SJC gold decreased by 1 million VND/ounce, falling to 139 million VND/ounce for the selling price. Gold rings at Phu Quy also decreased by 1 million VND/ounce, while at Bao Tin Minh Chau they decreased by 800,000 VND/ounce. World gold prices continued to slide as US inflation exceeded forecasts. The overestimated US inflation data caused gold prices to fall by nearly 3%. The price of SJC gold increased to 141.5 million…
(Dan Tri Newspaper) - World and domestic gold prices have once again reversed course and fallen sharply. World gold prices have dropped below the $4,000/ounce mark, and domestic gold prices have also fallen to 136-139 million VND/ounce.
World gold prices fell by more than $43/ounce, dropping below the $4,000 mark due to pressure from the US dollar and expectations of a Fed interest rate hike. Domestically, SJC gold bars and gold rings both decreased by 900,000 VND/ounce.
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