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Update on domestic and world gold prices June 2, 2025: Mixed increases and decreases for the first time in 2025

Update on domestic and world gold prices June 2, 2025: Gold bar prices fell sharply while gold rings increased sharply, the difference with world gold was 9.1 million VND

Báo Nghệ AnBáo Nghệ An02/06/2025

Domestic gold price today June 2, 2025

Gold price update as of 10:30 am on June 1, 2025, gold bar price decreased sharply while gold ring price increased. Specifically:

DOJI Group listed the price of SJC gold bars at 116-118 million VND/tael (buy - sell), an increase of 300 thousand VND in buying price - a decrease of 200 thousand VND in selling price compared to yesterday.

At the same time, the price of SJC gold bars was listed by Saigon Jewelry Company Limited - SJC at 115.5-117.5 million VND/tael (buy - sell), a decrease of 200 thousand VND in buying price - a decrease of 700 thousand VND in selling price compared to yesterday.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 115.5-117 million VND/tael for buying and selling. Compared to yesterday, the gold price decreased by 200 thousand VND/tael for buying - unchanged for selling compared to yesterday.

SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 115.5-117.5 million VND/tael (buy - sell), the price decreased by 200 thousand VND in buying direction - decreased by 700 thousand VND in selling direction compared to yesterday.

SJC gold price at Phu Quy is traded by businesses at 115-117.5 million VND/tael (buy - sell), gold price is unchanged in buying direction - decreased 700 thousand VND in selling direction compared to yesterday.

Gold price June 2, 2025 fluctuates for the first time this year

As of 10:30 a.m. on June 2, 2025, the price of 9999 Hung Thinh Vuong round gold rings at DOJI was listed at 111.2-113.7 million VND/tael (buy - sell); the price increased by 200,000 VND/tael in both buying and selling directions compared to yesterday.

Bao Tin Minh Chau listed the price of gold rings at 113.3-116.3 million VND/tael (buy - sell); an increase of 300 thousand VND/tael in both buying and selling directions compared to yesterday.

The latest gold price list today, June 2, 2025 is as follows:

Gold price today
June 2, 2025
(Million VND)
Difference
(thousand dong/tael)
Buy
Sell ​​out
Buy
Sell ​​out
SJC in Hanoi
115.5 117.5
-200 -700
DOJI Group
116
118
+300
-200
Mi Hong
115.5 117
-200 -
PNJ
115.5
117.5
-200 -700
Vietinbank Gold
117.5

-700
Bao Tin Minh Chau
115.5
117.5
-200 -700
Phu Quy 115 117.5
- -700
1. DOJI - Updated: June 2, 2025 10:30 - Source website time - ▼/▲ Compared to yesterday.
Domestic gold price Buy Sell
AVPL/SJC HN 116,000 ▲300K 118,000 ▼200K
AVPL/SJC HCM 116,000 ▲300K 118,000 ▼200K
AVPL/SJC DN 116,000 ▲300K 118,000 ▼200K
Raw material 9999 - HN 107,200 ▲200K 111,200 ▲200K
Raw materials 999 - HN 107,100 ▲200K 111,100 ▲200K
2. PNJ - Updated: June 2, 2025 10:30 - Website supply time - ▼/▲ Compared to yesterday.
Type Buy Sell ​​out
SJC 999.9 gold bar 11,550 11,750
PNJ 999.9 Plain Ring 11,120 11,380
Kim Bao Gold 999.9 11,120 11,380
Gold Phuc Loc Tai 999.9 11,120 11,380
999.9 gold jewelry 11,070 11,320
999 gold jewelry 11,059 11,309
9920 gold jewelry 10,989 11,239
99 gold jewelry 10,967 11,217
750 Gold (18K) 7,755 8,505
585 Gold (14K) 5,887 6,637
416 Gold (10K) 3,974 4,724
PNJ Gold - Phoenix 11,120 11,380
916 Gold (22K) 10,129 10,379
610 Gold (14.6K) 6,170 6,920
650 Gold (15.6K) 6,623 7,373
680 Gold (16.3K) 6,963 7,713
375 Gold (9K) 3,510 4,260
333 Gold (8K) 3,001 3,751
3. SJC - Updated: June 2, 2025 10:30 - Source website time - ▼/▲ Compared to yesterday.
SJC Gold 1L, 10L, 1KG 115,500 ▼200K 117,500 ▼700K
SJC gold 5 chi 115,500 ▼200K 117,520 ▼700K
SJC gold 0.5 chi, 1 chi, 2 chi 115,500 ▼200K 117,530 ▼700K
SJC 99.99% gold ring 1 chi, 2 chi, 5 chi 111,200 ▲700K 113,700 ▲200K
SJC 99.99% gold ring 0.5 chi, 0.3 chi 111,200 ▲700K 113,800 ▲200K
99.99% jewelry 111,200 ▲700K 113,100 ▲200K
99% Jewelry 107,480 ▲198K 111,980 ▲198K
Jewelry 68% 70,165 ▲136K 77,065 ▲136K
Jewelry 41.7% 40,417 ▲83K 47,317 ▲83K

World gold price today June 2, 2025 and world gold price fluctuation chart in the past 24 hours

According to Kitco, the world gold price recorded at 10:30 on June 2, Vietnam time, was 3,307.29 USD/ounce. Today's gold price is unchanged from yesterday but increased by 15.11 USD/ounce compared to last week. Converted according to the USD exchange rate at Vietcombank (26,210 VND/USD), the world gold price is about 108.4 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 9.1 million VND/tael higher than the international gold price.

Domestic gold prices and world gold prices today fluctuated in opposite directions, leading to a price gap of 9.1 million VND/tael, equivalent to nearly 7.7%.

Expert Tran Duy Phuong said that to reduce the gap between domestic and international gold prices to 1-2% as directed by the Prime Minister, it is necessary to increase the supply sharply. Otherwise, it will be difficult to achieve a domestic gold price below 100 million VND/tael in the short term.

Mr. Nguyen Quang Huy, CEO of Finance - Banking at Nguyen Trai University, said that to bring domestic and world prices closer together, it is necessary to allow the expansion of gold import rights in a controlled manner. In addition, developing more domestic gold bar brands under close supervision, along with the establishment of a transparent electronic gold trading floor.

Source: https://baonghean.vn/cap-nhat-gia-vang-trong-nuoc-va-the-gioi-2-6-2025-tang-giam-trai-chieu-lan-dau-trong-nam-2025-10298714.html


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