Gold price today 06/17/2025
At the time of survey at 4:30 a.m. on June 17, 2025, the gold price was listed by some businesses specifically as follows:
The price of SJC gold bars was listed by Saigon Jewelry Company, Bao Tin Minh Chau, DOJI Group and PNJ at 117.6-119.6 million VND/tael (buy - sell), a decrease of 200,000 VND/tael for buying and 700,000 VND/tael for selling compared to yesterday.
SJC gold price at Phu Quy is traded by businesses at 117-119.6 million VND/tael (buy - sell), gold price remains unchanged in buying direction and decreases 400,000 VND/tael in selling direction.
At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 118.5-119.5 million VND /tael for buying and selling. Compared to yesterday, the gold price decreased by 500,000 VND/tael for both buying and selling.
World gold price today June 17, 2025 and world gold price fluctuation chart in the past 24 hours
According to Kitco, the world gold price recorded at 4:30 a.m. today, Vietnam time, was at 3,392.22 USD/ounce. Today's gold price decreased by 1.21% compared to yesterday. Converted according to the USD exchange rate on the free market (26,251 VND/USD), the world gold price is about 107.3 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is about 12.3 million VND/tael higher than the international gold price.
World gold price developments in the past 24 hours.
The Wall Street Journal reported that Iran is urgently sending a signal of its desire to end the conflict and resume negotiations on its nuclear program, through Arab countries as intermediaries to send a message to Israel and the United States. Reuters could not independently verify this information.
Meanwhile, leaders of the Group of Seven (G7) industrialized nations began their annual meeting in Canada.
US stock futures posted a slight recovery, while the dollar weakened in a volatile session. Investors are also focused on the Federal Reserve's two-day policy meeting, which ends on Wednesday, where the US central bank is widely expected to keep interest rates unchanged.
"For now, it seems like the Fed is inclined to keep policy unchanged, given the economic uncertainty, from tariffs to geopolitical tensions. Therefore, it is understandable that the Fed would delay cutting interest rates," Mr. Meger added.
Gold is often seen as a safe haven asset in times of geopolitical uncertainty and high inflation. It also benefits in low interest rate environments because it does not offer a yield like bonds.
In other precious metals, spot silver was steady at $36.31 an ounce, while platinum jumped 3.4% to $1,269.15 an ounce and palladium also rose 2% to $1,048.36 an ounce.
Source: https://baohatinh.vn/gia-vang-hom-nay-17062025-giam-manh-chieu-ban-ra-post289993.html
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