Saigon Jewelry Company - SJC kept the price of SJC gold bars unchanged at 118.7 million VND, selling at 120.7 million VND. Mi Hong Company reduced the buying price of gold bars by 200,000 VND per tael, down to 119 million VND, while the selling price remained at 120.5 million VND. Doji Group bought at 118.7 million VND, selling at 120.7 million VND. Phu Quy Company bought at 118.1 million VND, selling at 120.7 million VND...
Similarly, gold rings have not changed much. Phu Quy Company reduced the price by 100,000 VND per tael, buying at 114.2 million VND, selling at 117.2 million VND. SJC Company bought at 114.3 million VND, selling at 116.9 million VND... The buying price of gold rings is 2.6 - 3 million VND/tael lower than the selling price, while gold bars are 2 million VND/tael. This shows that the risk level for gold ring buyers is currently higher.
The difference between buying and selling prices of gold rings is up to 2.6 - 3 million VND/tael. PHOTO: NGOC THANG
World gold prices increased by 5 USD, to 3,343 USD/ounce. In the US trading session (night of July 1), the world precious metal increased to 3,359 USD/ounce. The upward trend of gold prices in the first days of July has helped the increase in the past year to more than 1,000 USD, equivalent to 44%, and since the beginning of the year, gold prices have increased by more than 25%. Gold increased when the USD price fell to the lowest level in 3.5 years and the US Treasury bond yield fell to the lowest level in 2 months. The activity of hunting for cheap goods caused gold to increase strongly again.
According to precious metals analysts at the World Bank, the outlook for gold prices is bullish over the next 18 months, while silver and platinum are expected to continue rising through 2026. Gold prices rise as geopolitical tensions escalate, driving demand for safe havens. A sharp increase in inflows into gold exchange-traded funds (ETFs) in the first quarter of 2025 pushed investment demand to its highest level since 2022. Central bank purchases continue to provide support, reflecting reserve management strategies.
Experts say that strong demand is expected to continue in the near term, supported by rising global uncertainty and geopolitical risks. Gold prices are expected to rise by around 35% in 2025 (year-on-year), before moderating in 2026 as some of the prevailing uncertainties begin to ease. However, prices are expected to remain well above historical norms – around 150% above the 2025-2026 average. Risks to the outlook are tilted to the upside, with geopolitical developments expected to remain the main source of uncertainty supporting gold prices./.
According to Thanh Nien Newspaper
Source: https://thanhnien.vn/gia-vang-hom-nay-272025-rui-ro-khi-mua-vang-nhan-185250702084650009.htm
Source: https://baolongan.vn/gia-vang-hom-nay-02-7-rui-ro-khi-mua-vang-nhan-a198018.html
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