🌍 World (Spot Gold –
Gold is trading around 4,500–4,700 USD, down sharply 200–300 USD from last week.
Price briefly dipped below 4,500 USD due to heavy profit-taking after record highs.
🇻🇳 Vietnam Domestic Market
SJC gold bars:
Buy ~164–165 million VND/tael
Sell ~167–168 million VND/tael
9999 gold rings:
Trading at similar levels after a sharp drop
Premium over world price remains high at ~17–21 million VND/tael
📉 Short-Term Outlook (Feb 2–6)
High volatility expected
Continued downward pressure or sideways movement amid massive profit-taking
Kitco / Wall Street surveys show mixed sentiment:
~39% expect a rebound toward 5,000 USD
~39% predict further decline
The rest remain neutral
Key support: 4,500 USD — a break could trigger deeper correction
📈 Long-Term Outlook (2026)
Despite short-term weakness, the long-term trend remains bullish.
Major banks forecast 5,500–6,000+ USD/ounce, supported by:
Safe-haven demand
Global economic uncertainty
Persistent inflation