Today (May 15), gold prices fell slightly, ending a week of strong fluctuations and erratic increases and decreases. However, investors are still optimistic about gold prices next week.

According to the latest news on gold prices today (May 15), domestic and world gold prices both decreased slightly, ending a week of erratic fluctuations and recording the first week of decrease in the past 3 weeks (down 1.1%).

Domestic and world gold prices slightly decreased at the end of the week

Specifically, at 9:30 a.m. on May 15, the buying and selling price of SCJ gold was listed by Saigon Jewelry Company at 33.84 - 34.07, down 20,000 VND/tael compared to the previous session. The difference between buying and selling prices of gold in Ho Chi Minh City remained at 230,000 VND/tael.

At the same time, DOJI Group also listed the buying and selling price of SJC gold bars, down 30,000 VND/tael compared to yesterday, currently at 33.92 - 34.02 million VND/tael. The difference between buying and selling prices remained unchanged compared to the previous session, still 100,000 VND/tael.

On the world market, the price of gold futures for June 2016 on the Comex floor is 1,272.70 USD/ounce, according to Kitco News.

Kitco’s survey of 26 analysts and traders for gold next week found that half of them expect prices to fall, while nine (35%) said they expect prices to rise, while four (15%) said they were neutral.

In Kitco’s online survey of 663 investors, 458 participants (69%) predicted that gold prices will rise next week. 124 people (equivalent to 19%) said that gold prices will fall, and 81 people (12%) said that gold prices will be flat./.