Cool down after many consecutive gaining sessions
6 am this morning April 15 (Vietnam time), world gold price on the Kitco floor traded at 1,974 USD/ounce, down 3 USD/ounce compared to the early hours of the morning.
Gold prices cooled down after the US announced that total retail sales increased more slowly than forecast. The increase in March was 0.5%, lower than the 0.6% forecast of experts.
The war in Eastern Europe showed signs of tension. Russian President Putin once again stated that if Sweden and Switzerland join the NATO alliance, Russia will deploy its nuclear arsenal in the Baltic Sea.
The price of gold has cooled down today.
In China, the number of new cases of COVID-19 continues to increase, which is still a concern of the market, and also a serious threat to the economy. economy Global.
Domestic gold price
At the end of the trading session on April 14, Saigon Jewelry Company listed the price of SJC gold at 68.95 million dong/tael (buying in) and 69.57 million dong/tael (sold out).
DOJI Group listed the gold price at 69 million dong/tael (buying in) and 69.65 million dong/tael (sold out).
Gold price forecast
Gold rallied and headed towards the key resistance at $2,000/ounce. This item is strongly supported at 1,915 USD/ounce. In the immediate future, gold needs to break through the previous session’s peak of $1,984 per ounce.
According to some experts on Kitco, gold is in an uptrend when world inflation is high in the context of the conflict between Russia and Ukraine showing no signs of cooling down. Gold benefited from safe-haven demand this week.
at Blogtuan.info – Source: vtc.vn – Read the original article here
