The price of SJC gold bars increased by 200,000 VND per tael, Saigon Jewelry Company - SJC bought for 116 million VND, sold for 118 million VND. Mi Hong Company increased the price of buying gold bars by 500,000 VND, up to 116.5 million VND, selling increased by 300,000 VND, up to 117.8 million VND. Phu Quy Company increased each tael of gold bars by 200,000 VND, up to 115.5 million VND for buying, selling for 118 million VND.
Meanwhile, the price of gold rings increased sharply by 700,000 VND per tael, Phu Quy Company bought at 111.5 million VND, sold at 114.5 million VND; SJC Company bought at 111.5 million VND, sold at 114 million VND... The price of gold rings is 8 - 8.3 million VND/tael higher than the world price ; while SJC gold bars are 12 million VND/tael more expensive.
The price of gold rings is 3 - 4 million VND/tael lower than that of SJC gold bars. PHOTO: NGOC THANG
World gold prices fell by $17 to $3,366 an ounce after a sharp increase. In the US trading session (night of June 2), the precious metal rose to $3,394 an ounce (up more than $100 an ounce). Safe-haven demand for gold increased as trade tensions between the world's two largest economies , the US and China, increased. Risk-off sentiment started the trading week after US President Donald Trump accused China of violating a recent trade agreement. Mr. Trump also said that US tariffs on steel and aluminum would increase this week. Another important factor supporting the rising gold price is the weakening of the US dollar. The greenback fell against other currencies after Mr. Donald Trump announced plans to double import tariffs on steel and aluminum to 50%.
In addition, the Russia-Ukraine conflict continues to escalate, increasing pressure on risky assets and supporting gold prices. Mr. Tim Waterer, Chief Market Analyst at KCM Trade Company, commented that with increasing trade and geopolitical concerns, it is not surprising that gold started the new week with an upward trend./.
According to Thanh Nien Newspaper
Source: https://thanhnien.vn/gia-vang-hom-nay-362025-vang-mieng-sjc-cao-hon-the-gioi-12-trieu-dong-luong-185250603084843184.htm
Source: https://baolongan.vn/gia-vang-hom-nay-03-6-vang-mieng-sjc-cao-hon-the-gioi-12-trieu-dong-luong-a196464.html
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