Update gold price today 6/2/2025 latest in domestic market
At the time of the survey at 10:00 a.m. on June 2, 2025, domestic gold prices recorded a downward trend at many large trading units. Some gold brands had prices that remained stable, while others recorded a slight increase. Below are the detailed developments:
The price of SJC gold bars in Hanoi is listed at VND115.5 million/tael (buy) and VND117.5 million/tael (sell), down VND200,000/tael and VND700,000/tael respectively compared to yesterday. This is a notable decrease, reflecting the downward trend of the market.
At DOJI Group, the gold price today, June 2, 2025, is listed at 116 million VND/tael (buy), a slight increase of 300,000 VND/tael compared to yesterday. On the selling side, the gold price decreased by 200,000 VND/tael, down to 118 million VND/tael. This opposite fluctuation shows the flexible adjustment of businesses in response to the market situation.
Mi Hong gold price today decreased simultaneously in both buying and selling directions. Specifically, the buying price was listed at 115.5 million VND/tael, down 200,000 VND/tael. On the selling side, the price decreased 500,000 VND/tael, down to 117 million VND/tael.
At the PNJ system, gold prices today recorded a sharp increase. The buying price reached 112 million VND/tael, an increase of 700,000 VND/tael, while the selling price increased by 200,000 VND/tael, to 113.8 million VND/tael. This is one of the few brands that recorded an upward trend today.
At Vietinbank Gold, the selling price of gold is listed at 117.5 million VND/tael, down sharply by 700,000 VND/tael compared to yesterday. The buying price was not announced.
The price of SJC gold at Bao Tin Minh Chau today also dropped sharply. The buying price was listed at 115.5 million VND/tael, down 200,000 VND/tael. On the selling side, the price dropped 700,000 VND/tael, down to 117.5 million VND/tael.
At Phu Quy Jewelry Company, the gold price today was flat at VND115 million/tael for buying. Meanwhile, the selling price decreased by VND700,000/tael, down to VND117.5 million/tael.
The downward trend dominated the domestic gold market on June 2, 2025. Major brands such as SJC, Mi Hong and Bao Tin Minh Chau all recorded sharp declines in both buying and selling directions. On the contrary, PNJ was a bright spot when gold prices grew positively.
The latest gold price update table today, June 2, 2025 is as follows:
| Gold price today | ||||
|---|---|---|---|---|
| Buy | Sell | |||
| SJC in Hanoi | 115.5 | ▼200K | 117.5 | ▼700K |
| DOJI Group | 116.0 | ▲300 | 118.0 | ▼200K |
| Red Eyelashes | 115.5 | ▼200K | 117.0 | ▼500K |
| PNJ | 112.0 | ▲700 | 113.8 | ▲200 |
| Vietinbank Gold | 117.5 | ▼700K | ||
| Bao Tin Minh Chau | 115.5 | ▼200K | 117.5 | ▼700K |
| Phu Quy | 115.0 | - | 117.5 | ▼700K |
| 1. DOJI - Updated: June 2, 2025 10:00 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| AVPL/SJC HN | 115,500 ▼200K | 117,500 ▼700K |
| AVPL/SJC HCM | 115,500 ▼200K | 117,500 ▼700K |
| AVPL/SJC DN | 115,500 ▼200K | 117,500 ▼700K |
| Raw material 9999 - HN | 107,200 ▲200 | 111,200 ▲200 |
| Raw material 999 - HN | 107,100 ▲200 | 111,100 ▲200 |
| 2. PNJ - Updated: June 2, 2025 10:00 - Time of the source website - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| HCMC - PNJ | 115,500 ▼200K | 117,500 ▼700K |
| HCMC - SJC | 111,200 ▲700K | 113,800 ▲200K |
| Hanoi - PNJ | 111,200 ▲700K | 113,800 ▲200K |
| Hanoi - SJC | 111,200 ▲700K | 113,800 ▲200K |
| Da Nang - PNJ | 111,200 ▲700K | 113,800 ▲200K |
| Da Nang - SJC | 110,700 ▲700K | 113,200 ▲700K |
| Western Region - PNJ | 110,590 ▲700K | 113,090 ▲700K |
| Western Region - SJC | 109,670 ▲690K | 112,170 ▲690K |
| Jewelry gold price - PNJ | 101,290 ▲640K | 103,790 ▲640K |
| Jewelry gold price - SJC | 77,550 ▲520K | 85,050 ▲520K |
| Jewelry gold price - Southeast | PNJ | 69,630 ▲480K |
| Jewelry gold price - SJC | 66,230 ▲450K | 73,730 ▲450K |
| Jewelry gold price - Jewelry gold price | PNJ 999.9 Plain Ring | 61,700 ▲420K |
| Jewelry gold price - Jewelry gold 999.9 | 58,870 ▲410K | 66,370 ▲410K |
| Jewelry gold price - Jewelry gold 999 | 39,740 ▲290K | 47,240 ▲290K |
| Jewelry gold price - 916 gold (22K) | 35,100 ▲260K | 42,600 ▲260K |
| Jewelry gold price - 750 gold (18K) | 30,010 ▲230K | 37,510 ▲230K |
| 3. SJC - Updated: 06/02/2025 10:00 - Time of the source website - ▼/▲ Compared to yesterday. | ||
| SJC Gold 1L, 10L, 1KG | 115,500 ▼200K | 117,500 ▼700K |
| SJC gold 5 chi | 115,500 ▼200K | 117,520 ▼700K |
| SJC gold 0.5 chi, 1 chi, 2 chi | 115,500 ▼200K | 117,530 ▼700K |
| SJC 99.99% gold ring 1 chi, 2 chi, 5 chi | 111,200 ▲700K | 113,700 ▲200K |
| SJC 99.99% gold ring 0.5 chi, 0.3 chi | 111,200 ▲700K | 113,800 ▲200K |
| Jewelry 99.99% | 111,200 ▲700K | 113,100 ▲200K |
| Jewelry 99% | 107,480 ▲198K | 111,980 ▲198K |
| Jewelry 68% | 70,165 ▲136K | 77,065 ▲136K |
| Jewelry 41.7% | 40,471 ▲83K | 47,317 ▲83K |
Update gold price today June 2, 2025 latest on the world market
At the time of trading at 10:00 a.m. on June 2, 2025 (Vietnam time), the world gold price recorded by Kitco was at 3,307.29 USD/ounce. Converted according to the USD exchange rate on the free market (26,210 VND/USD), the world gold price is equivalent to about 104.64 million VND/tael (excluding taxes and fees). Compared with the domestic SJC gold bar price on the same day (115.5-117.5 million VND/tael), the SJC gold price is currently about 12.56 million higher than the international gold price.
Gold prices today, June 2, 2025, on the world market are experiencing notable fluctuations, especially when the international situation becomes tense. According to the latest news from Reuters, gold prices increased due to the escalation of the Russia-Ukraine conflict and the new threat of US President Donald Trump to double import tariffs on steel and aluminum. This caused investors to seek gold as a safe haven, pushing gold prices up slightly. Specifically, spot gold prices increased by 0.5% to $3,305.85 per ounce, while US gold futures increased by 0.4% to $3,329.80.
Gold prices today reflect concerns about emerging trade and geopolitical issues. Tim Waterer, market analyst at KCM Trade, said it was no surprise that gold prices rose at the start of the week, especially as risk assets fell and the US dollar weakened slightly. The weaker US dollar makes gold more attractive to international buyers, as the price of gold in US dollars is lower when converted into other currencies. This has helped support gold prices to continue to rise.
Tensions between countries have also had a big impact on gold prices. Trump announced that he would increase tariffs on imported steel and aluminum from 25% to 50%, prompting the European Union to warn of retaliation. At the same time, Ukraine and Russia have increased attacks ahead of the second round of peace talks in Istanbul, adding to the uncertainty. In this context, gold – an asset considered a safe haven in times of economic or geopolitical uncertainty – has become more attractive. In particular, the low interest rate environment has also created favorable conditions for gold prices to develop strongly.
In addition, the market is waiting for comments from Federal Reserve officials this week, especially Chairman Jerome Powell, to learn more about monetary policy. Fed Governor Christopher Waller has said that a rate cut is still possible by the end of the year, although the Trump administration's new tax policies may put temporary upward pressure on prices. In addition, the upcoming phone call between Trump and Chinese President Xi Jinping to resolve trade issues, including disputes over critical minerals, is also a factor in the spotlight.
Finally, other precious metals prices also fluctuated. Spot silver prices remained stable at $32.99 per ounce, while platinum fell 0.6% to $1,049.72 and palladium fell 0.5% to $965.77. Thus, today's gold price on June 2, 2025 not only reflects the economic situation but is also greatly affected by global geopolitical events, making it a bright spot in the eyes of investors.
News, gold price trends today June 2, 2025 domestic and world gold prices
Gold prices today, June 2, 2025, are having remarkable developments in the world market. Last week, gold prices decreased slightly because investors no longer focused on sensational news related to tariffs and legal rulings. Instead, they turned to analyzing charts and data to make decisions.
Ricardo Evangelista, an analyst at ActivTrades, said the downward pressure on gold prices was not too great. The reasons were tariff uncertainty, rising geopolitical tensions, and concerns about the global economy. In addition, the US tax cut plan made investors cautious. However, gold still played a safe-haven role, with prices around $3,300 an ounce.
Meanwhile, Adam Button, Director of Forex Strategy at Forexlive.com, said that gold prices could rise today, June 2, 2025. He said that US President Donald Trump's trade policies and political moves are causing concerns, creating momentum for gold prices to rise.
Adrian Day, chairman of Adrian Day Asset Management, predicts that gold prices will fluctuate widely but will be unlikely to fall significantly because there will always be buyers when prices fall. He stressed that the factors supporting gold prices have been present for a long time, even before Trump and the war in Ukraine. Central banks are also gradually reducing their USD reserves, helping gold maintain its value. Mr. Day believes that only if the US economy has very bad data, forcing the Federal Reserve (FED) to cut interest rates early, will gold prices rise sharply.
Currently, analysts predict that the gold price today, June 2, 2025, will fluctuate between $3,100/ounce and $3,400/ounce. The fluctuation in May was $324.9/ounce, lower than the record of $539.5/ounce in April, but still much higher than the 20-year average of $89/ounce. Despite the decrease last week, the world gold price has increased continuously for the past 5 months.
Chantelle Schieven, head of research at Capitalight Research, said gold prices were volatile due to uncertainty over U.S. policy. She expects gold prices to stabilize over the summer as investors await the impact of Trump’s trade war. She said gold could end the year on a high note, but for now the market is sideways. It will take another six to eight months to see the full impact of Trump’s policies on the economy.
Source: https://baoquangnam.vn/gia-vang-hom-nay-2-6-2025-gia-vang-trong-nuoc-do-chot-vang-the-gioi-phuc-hoi-3155921.html
Comment (0)