Domestic gold ring prices early this morning were adjusted up by some brands following the trend in the world market.
| Buy (VND/tael) | Increase/decrease | Sell (VND/tael) | Increase/decrease | |
| SJC | 113,700,000 | + 200,000 | 116,200,000 | + 200,000 |
| Doji | 115,000,000 | 0 | 117,000,000 | 0 |
SJC and Doji gold ring price list updated on the morning of June 14
Opening the trading session on June 14, the price of SJC 9999 gold was adjusted up 300 thousand VND/tael in both buying and selling compared to the closing price of yesterday's trading session, to 117.8-120.3 million VND/tael (buying - selling).
| Buy (VND/tael) | Increase/decrease | Sell (VND/tael) | Increase/decrease | |
| SJC HCMC | 117,800,000 | + 300,000 | 120,300,000 | + 300,000 |
| Doji Hanoi | 117,800,000 | + 300,000 | 120,300,000 | + 300,000 |
| Doji HCMC | 117,800,000 | + 300,000 | 120,300,000 | + 300,000 |
SJC and Doji gold bar price list updated on the morning of June 14
The central exchange rate on June 14 announced by the State Bank was 24,975 VND/USD, unchanged from the previous trading session. The USD price at commercial banks today (June 14) is commonly listed at 25,833 VND/USD (buy) and 26,223 VND/USD (sell).
At 9:05 a.m. today (June 14, Vietnam time) , the world spot gold price was at 3,430.49 USD/ounce, up 11.49 USD/ounce compared to last night.
On the morning of June 14 , the world gold price converted to USD bank price was nearly 109.5 million VND/tael, including tax and fees, about 10.8 million VND/tael lower than the domestic gold price.
The spot gold price on Kitco at 7 p.m. (June 13, Vietnam time) was trading at $3,419/ounce, up 1.4% on the day. The gold futures price for August 2025 delivery on the Comex New York floor was trading at $3,442/ounce.
Israel said on June 13 it had targeted Iran's nuclear facilities, ballistic missile factories and military commanders, the start of what it warned would be a long-term campaign to prevent Iran from building atomic weapons.
President Donald Trump expressed concern that Israel's actions could damage the chances of reaching an ongoing diplomatic deal, further complicating efforts to stabilize the region.
Mr Trump said some US personnel had begun leaving the Middle East, saying it could be a “dangerous place” and the US would not allow Iran to have nuclear weapons. Officials from both countries are expected to meet in Oman on Sunday for a sixth round of nuclear talks.
Gold prices broke above the $3,400/ounce resistance level as news of the airstrikes broke.
Gold has long been considered a traditional safe-haven asset. As a result, when tensions in the Middle East escalate, demand for gold increases, pushing prices higher.
In times of political instability, armed conflict or military attacks, investors often tend to seek assets considered safe to protect asset value.
The US Dollar Index (DXY), which measures the greenback's movements against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), stood at 98.45 points.
Nymex crude oil futures were lower, trading around $68 a barrel. The yield on the benchmark 10-year U.S. Treasury note is currently at 4.361%.
At the end of the trading session on June 12, the price of gold bars at SJC closed at 117.5-120 million VND/tael (buy - sell), an increase of 500,000 VND/tael for buying and 1 million VND for selling compared to the previous session.
The price of 1-5 chi SJC gold rings is listed at 113.5-116 million VND/tael (buy - sell), an increase of 1 million VND/tael. Meanwhile, the price of 9999 gold rings at Doji is listed at 115-117 million VND/tael, an increase of 1 million VND/tael compared to the closing price of the previous session.
Gold Price Forecast
Gold prices rose for a second straight session, largely due to heightened geopolitical concerns. Gold ETFs saw outflows, according to Jan Van Eck, CEO of VanEck and Associates. Last year, gold prices had a good run but still saw outflows from U.S. bullion ETFs due to hedging short sales by banks.
Much of the demand for gold comes from international sources, especially central banks concerned about US tariff policies. However, US investors are largely unaware that gold has hit an all-time high. He believes that gold prices still have a positive outlook in the near future.
Although gold has risen more than 25% in the past year, retail investors are still very limited, said John Ciampaglia, CEO of Sprott Asset Management. Central banks are the main drivers, part of a de-dollarization strategy that China is pushing.
Ciampaglia highlighted a shift in investor behavior. While gold has surged, U.S. Treasury bonds, traditionally considered a safe haven, have lost their lead. “The DXY index has fallen 9%, which is unusual in a time of financial turmoil,” he said.
He said more than $1 billion has flowed into the Sprott physical gold trust, and about $500 million into the silver fund. Attention is shifting to silver and platinum as gold becomes more expensive.
Van Eck said a new contender that is gaining strong investor interest is digital gold. “One study found that 50 million Americans own Bitcoin, while only 37 million own gold,” he said.
In the eyes of investors, both are stores of value. But recently, hot money has been pouring into Bitcoin because of its potential for faster price increases.
If gold breaks above $3,400 an ounce, it could face some minor resistance at $3,417 and $3,431 an ounce, but the chances of gold breaking above those levels to reach a new record high are high, said Peter Grant, vice president and senior metals strategist at Zanier Metals.
Source: https://vietnamnet.vn/gia-vang-hom-nay-14-6-2025-the-gioi-tang-soc-vang-mieng-sjc-vot-len-120-trieu-2411315.html
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