Domestic gold price today June 1, 2025
As of 2:30 p.m. on June 1, 2025, the domestic gold bar price remained at 118.2 million VND. Specifically:
The price of SJC gold bars listed by DOJI Group is at 115.7-118.2 million VND/tael (buy - sell), the price has not changed in both buying and selling directions compared to yesterday but has decreased by 3.3 million VND in buying direction - decreased by 2.8 million VND in selling direction compared to last week.
At the same time, the price of SJC gold bars was listed by Saigon Jewelry Company Limited - SJC at 115.7-118.2 million VND/tael (buy - sell), the price decrease remained unchanged in both buying and selling directions compared to yesterday. Compared to last week, the price decreased by 3.3 million VND in buying direction - decreased by 2.8 million VND in selling direction.
At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 115.7-117 million VND/tael for buying and selling. Compared to yesterday, the gold price remained unchanged for buying - decreased by 200 thousand VND/tael for selling compared to yesterday. Compared to last week, the price decreased by 3.3 million VND for buying - decreased by 3.5 million VND for selling.
SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 115.7-118.2 million VND/tael (buy - sell), the price remains unchanged in both buying and selling directions compared to yesterday and decreased by 2.8 million VND in buying direction - decreased by 2.6 million VND in selling direction compared to last week.
SJC gold price in Phu Quy is traded by businesses at 115-118.2 million VND/tael (buy - sell), gold price is unchanged in both buying and selling directions compared to yesterday. Gold price decreased by 3 million VND in buying direction - decreased by 2.8 million VND in selling direction compared to last week.
As of the afternoon of June 1, 2025, the price of 9999 Hung Thinh Vuong round gold rings at DOJI was listed at 111-113.5 million VND/tael (buy - sell); the price remained unchanged in both buying and selling directions compared to yesterday; decreased by 2.5 million VND in both buying and selling directions compared to last week.
Bao Tin Minh Chau listed the price of gold rings at 113-116 million VND/tael (buy - sell); down 500 thousand VND/tael in both buying and selling compared to yesterday; down 2.5 million VND in both buying and selling compared to last week.
If buying SJC gold at DOJI Group and Saigon Jewelry Company SJC last weekend and selling it today, gold buyers at DOJI Group and Saigon Jewelry Company SJC will both lose 5.3 million VND/tael.
The latest gold price list today, June 1, 2025 is as follows:
| Gold price today | June 1, 2025 (million dong) | Difference (thousand dong/tael) | ||
| Buy | Sell | Buy | Sell | |
| SJC in Hanoi | 115.7 | 118.2 | - | - |
| DOJI Group | 115.7 | 118.2 | - | - |
| Red Eyelashes | 115.7 | 117 | - | -200 |
| PNJ | 115.7 | 118.2 | - | - |
| Vietinbank Gold | 118.2 | - | ||
| Bao Tin Minh Chau | 115.7 | 118.2 | - | - |
| Phu Quy | 115 | 118.2 | - | - |
| 1. DOJI - Updated: June 1, 2025 14:30 - Source website time - ▼/▲ Compared to yesterday. | ||
| Domestic gold price | Buy | Sell |
| AVPL/SJC HN | 115,700 | 118,200 |
| AVPL/SJC HCM | 115,700 | 118,200 |
| AVPL/SJC DN | 115,700 | 118,200 |
| Raw material 9999 - HN | 107,000 | 111,000 |
| Raw material 999 - HN | 106,900 | 110,900 |
| 2. PNJ - Updated: June 1, 2025 04:30 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| SJC 999.9 gold bar | 11,570 | 11,820 |
| PNJ 999.9 Plain Ring | 11,050 | 11,360 |
| Kim Bao Gold 999.9 | 11,050 | 11,360 |
| Gold Phuc Loc Tai 999.9 | 11,050 | 11,360 |
| 999.9 gold jewelry | 11,000 | 11,250 |
| 999 gold jewelry | 10,989 | 11,239 |
| 9920 jewelry gold | 10,920 | 11,170 |
| 99 gold jewelry | 10,898 | 11,148 |
| 750 Gold (18K) | 7,703 | 8,453 |
| 585 Gold (14K) | 5,846 | 6,596 |
| 416 Gold (10K) | 3,945 | 4,695 |
| PNJ Gold - Phoenix | 11,050 | 11,360 |
| 916 Gold (22K) | 10,065 | 10,315 |
| 610 Gold (14.6K) | 6.128 | 6,878 |
| 650 Gold (15.6K) | 6,578 | 7,328 |
| 680 Gold (16.3K) | 6,915 | 7,665 |
| 375 Gold (9K) | 3,484 | 4,234 |
| 333 Gold (8K) | 2,978 | 3,728 |
| 3. SJC - Updated: 6/1/2025 14:30 - Source website time - ▼/▲ Compared to yesterday. | ||
| SJC Gold 1L, 10L, 1KG | 115,700 | 118,200 |
| SJC gold 5 chi | 115,700 | 118,220 |
| SJC gold 0.5 chi, 1 chi, 2 chi | 115,700 | 118,230 |
| SJC 99.99% gold ring 1 chi, 2 chi, 5 chi | 110,500 | 113,500 |
| SJC 99.99% gold ring 0.5 chi, 0.3 chi | 110,500 | 113,600 |
| Jewelry 99.99% | 110,500 | 112,900 |
| Jewelry 99% | 107,282 | 111,782 |
| Jewelry 68% | 70,029 | 76,929 |
| Jewelry 41.7% | 40,334 | 47,234 |
World gold price today June 1, 2025 and world gold price fluctuation chart in the past 24 hours
According to Kitco, the world gold price recorded at 2:30 p.m. on June 1, Vietnam time, was 3,291.99 USD/ounce. Today's gold price remained unchanged from yesterday but decreased by 59.4 USD/ounce compared to last week. Converted according to the USD exchange rate at Vietcombank (26,200 VND/USD), the world gold price is about 107.86 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 10.34 million VND/tael higher than the international gold price.
Gold prices were volatile this week as investors grappled with conflicting news about tariffs and related legal rulings. However, many investors ultimately shrugged off the news and focused on technical analysis, which suggested the market was not as dramatic as the headlines.
Sean Lusk, co-head of commercial hedging at Walsh Trading, said the market has gotten used to the tariff news and is not reacting nearly as strongly as it used to. He said such news has been priced into the gold price and is no longer a big surprise to investors.
As for the gold price action, he said it was largely due to month-end book-closing activity. While the US dollar has risen slightly and bond yields have fallen in recent sessions, investor risk appetite remains unclear. Lusk noted that gold is currently in “overbought” territory, meaning it has risen too much in a short period of time and may be in the midst of a technical correction.
He also said that gold prices have not yet reacted clearly. The previous day's slight increase was followed by a similar decrease the next day, and still maintained an important support zone around the moving average of $3,257/ounce of the August contract.
The developments of the past week show that gold prices are still dominated by psychology and short-term cash flows, with the resistance level of $3,300 playing a key role. Despite the constant changes in market information, this level remains the central price zone that investors will closely monitor in the coming time.
The upcoming trading week is expected to be very active as a series of important economic data will be released that will affect gold prices. The focus will be on a series of reports on the US labor market, including the number of open jobs (JOLTS) on Tuesday, the ADP employment report on Wednesday, the number of unemployment benefits on Thursday and the May non-farm payrolls on Friday.
In addition, the market will also monitor the manufacturing PMI (ISM Manufacturing) index released on Monday and the services PMI (ISM Services) on Wednesday. In addition, the interest rate decisions from the Bank of Canada (BoC) and the European Central Bank (ECB), on Wednesday and Thursday respectively, will also greatly affect global market sentiment and may indirectly impact gold prices.
According to the assessment of the expert group at CPM Group, now is the right time for investors to consider buying gold. They predict that the price of gold may increase to 3,385 USD/ounce before June 13. The main reason is that concerns about the economic and political situation in the US as well as globally are gradually returning after a period of lull.
Gold Price Forecast
According to the latest survey by Kitco News, experts and investors are quite divided on the price movement of gold next week, after the precious metal had a quiet trading week.
Of the 14 Wall Street experts surveyed, 43% said gold prices would rise, 29% predicted a fall, and the remaining 29% expected gold prices to move sideways, suggesting a “wait and see” mentality is taking hold after gold prices showed signs of a slight correction.
Among retail investors, with 2,490 people participating in the online survey, the optimists still hold the majority but only by a narrow margin. Specifically, 56% expect gold prices to increase, 24% think it will decrease, while 20% think prices will remain flat next week.
Adrian Day, chairman of Adrian Day Asset Management, said gold prices could continue to fluctuate up and down next week. However, he did not think prices would fall too much or last long, as there was still buying power waiting for any correction in gold.
While the market has recently reacted strongly to President Donald Trump’s trade moves, the main factors driving gold prices predate Trump and have not gone away, according to Day. Issues like the Russia-Ukraine war, the conflict in Gaza, and tariff policy are just “spices” to the long-term trend.
Gold prices have been rising significantly since the fall of 2022, even before Trump returned to politics. One of the fundamental drivers of gold’s price increase has been the trend of central banks reducing their holdings of US dollars amid concerns about the US “weaponizing” the currency.
Looking ahead, Day said that economic data such as the US jobs report is no longer as influential on gold prices as it once was, as the Federal Reserve has largely put monetary policy on hold. Unless the jobs data is so bad that the Fed has to cut rates early, neutral data will not cause a strong reaction in the gold market.
The factor that could push gold back to its record high of $3,500 an ounce is developments related to the Trump administration’s big budget bill. If the Senate rejects or the bill stalls, it could raise market concerns about a fiscal crisis by the end of the summer. This is a risk independent of Trump, but it has a strong impact on gold prices.
Source: https://baonghean.vn/gia-vang-chieu-nay-1-6-2025-gia-vang-trong-nuoc-va-the-gioi-lo-hon-5-trieu-dong-tuan-qua-10298681.html
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