Specifically, the gold price this afternoon on the domestic market is listed as follows:
DOJI Gold and Gemstone Group's gold bars are trading at 117.7 - 119.7 million VND/tael (buy-sell), down 300,000 VND/tael in both directions.
SJC gold of Saigon Jewelry Company ( SJC ) bought at 117.7 million VND/tael, sold at 119.7 million VND/tael, down 300,000 VND/tael in both buying and selling.
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| Illustration photo: 24h.com.vn |
Similarly, the price of SJC gold bars at Bao Tin Minh Chau Company Limited was traded by the enterprise at 117.7 million VND/tael for buying and 119.7 million VND/tael for selling, down 300,000 VND/tael for both buying and selling.
Plain round gold rings are traded by businesses at 114.5 million VND/tael for buying - 117.5 million VND/tael for selling, down 500,000 VND/tael for both buying and selling.
Meanwhile, Phu Quy Gold and Gemstone Group bought SJC gold bars at VND117.2 million/tael, unchanged from the closing price yesterday afternoon; sold at VND119.7 million/tael, down VND300,000/tael.
PNJ brand gold rings in Hanoi and Ho Chi Minh City are being bought at 113.7 million VND/tael; sold at 116.5 million VND/tael, down 500,000 VND/tael in both buying and selling.
Thus, the domestic price of gold bars and gold rings this afternoon decreased slightly, by 300,000 - 500,000 VND/tael for both buying and selling at most brands.
As of 6:00 a.m. on June 27 (Vietnam time), the spot gold price on the world market was recorded at 3,334 USD/ounce.
Despite a slight decrease, the world gold price was almost flat in the context of the USD weakening to its lowest level since March 2022 and increasing instability after information that US President Donald Trump is considering replacing the position of Chairman of the US Federal Reserve (FED) Jerome Powell, possibly as early as September or October. These speculations have raised concerns about the FED's independence in conducting monetary policy, a key factor in maintaining confidence in the financial market. In that context, investors tend to seek gold as a safe haven.
Meanwhile, the Iran-Israel ceasefire agreement has reduced the attractiveness of this precious metal.
In the coming weeks, gold price movements are likely to be driven primarily by Fed policy expectations and fluctuations in the strength of the US dollar, rather than geopolitical events.
TRUONG AN
* Please visit the Economics section to see related news and articles.
Source: https://baodaknong.vn/gia-vang-chieu-nay-27-6-giam-nhe-257026.html
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