On the morning of June 7, the price of gold bars at Saigon Jewelry Company - SJC was bought at 114.9 million VND, sold at 117.2 million VND, down 1.1 million VND in the buying direction and down 800,000 VND in the selling direction compared to yesterday. The buying direction decreased more sharply, so the difference in the buying and selling price of SJC gold bars increased to 2.3 million VND/tael instead of 2 million VND/tael like yesterday. Gold buyers lost 3.1 million VND per tael after only one day.
Similarly, SJC Company reduced the 4-number-9 gold ring price by 800,000 VND, bringing the buying price down to 111.2 million VND and the selling price down to 113.5 million VND; Phu Nhuan Jewelry Company (PNJ) reduced the buying price by 1 million VND, down to 111 million VND, but the selling price decreased by 800,000 VND, down to 113.6 million VND...
Gold price plummeted on the morning of June 7 (PHOTO: NGOC THANG)
The world gold price plunged to $3,307.67 an ounce, down nearly $60 from yesterday. The precious metal fell as the US Bureau of Labor Statistics reported yesterday that the US economy created 139,000 jobs in May, higher than the Dow Jones forecast of 125,000 jobs but lower than the revised increase of 147,000 jobs in April. The unemployment rate remained unchanged at 4.2%. The jobs report was better than expected. That shows the labor market is holding up despite some slowing growth trends.
A slew of data released earlier this week signaled a possible recession, raising doubts about the impact of multilateral tariff negotiations, according to CNBC. President Donald Trump also offered some hope on trade when he announced yesterday that talks between the U.S. and China would take place next weekend in London.
The above information is a negative signal for gold because the US Federal Reserve (Fed) may keep interest rates unchanged for a short time./.
According to Thanh Nien Newspaper
Source: https://thanhnien.vn/gia-vang-hom-nay-762025-boc-hoi-hon-1-trieu-dong-khien-nguoi-mua-lo-nang-185250607070754727.htm
Source: https://baolongan.vn/gia-vang-hom-nay-07-6-boc-hoi-hon-1-trieu-dong-khien-nguoi-mua-lo-nang-a196681.html
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