The price of SJC gold bars increased by 300,000 VND per tael. Saigon Jewelry Company - SJC bought 116 million VND and sold 118.5 million VND. Phu Quy Company increased the price of buying gold bars by 500,000 VND/tael, up to 115.5 million VND; and sold 118.5 million VND, up 300,000 VND. Mi Hong Company bought gold bars for 115.7 million VND after increasing 200,000 VND, and sold 700,000 VND, up to 117.7 million VND... The difference between the buying and selling price of gold bars is from 2.5 - 3 million VND/tael.
Similarly, the price of gold rings also increased by 300,000 VND per tael, SJC Company bought for 110.5 million VND, sold for 113.6 million VND; Phu Quy Company bought for 110.8 million VND, sold for 113.8 million VND... The rate of increase in domestic gold prices is slower than the world , so SJC gold bars are higher at 14 million VND/tael, and gold rings are higher at 9.3 million VND/tael.
Domestic and foreign gold prices increased simultaneously. PHOTO: NGOC THACH
The world gold price skyrocketed from 2,288 USD/ounce to 3,321 USD/ounce. The rising tension between Russia and Ukraine supported the gold price to increase by nearly 1% in just a few hours, equivalent to 30 USD/ounce.
The sharp increase in gold prices is also due to the news that the US is increasing tariffs on aluminum and steel. Last weekend, during a visit to the US Steel factory in West Mifflin, Pennsylvania (USA), President Donald Trump announced that he would increase tariffs to protect workers and the US steel industry. The import tariff on aluminum and steel into the US will increase from 25% to 50%, effective from June 4. That will help the US aluminum and steel industry recover stronger than ever. The European Union (EU) criticized US President Donald Trump's decision to double the import tariff on steel. This move not only increases tensions in the transatlantic trade war but also makes the global economy more unstable. The EU affirmed that it is ready to respond if a suitable trade agreement is not reached between the two sides./.
According to Thanh Nien Newspaper
Source: https://thanhnien.vn/gia-vang-hom-nay-262025-tang-vot-dau-tuan-185250602084206137.htm
Source: https://baolongan.vn/gia-vang-hom-nay-02-6-tang-vot-dau-tuan-a196391.html
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