Domestic gold price today
Early morning on June 2, the price of 9999 gold of SJC today increased by 50 thousand dong/tael in the buying and selling direction compared to the end of yesterday's trading session.
Gold price 9999 is updated by Saigon Jewelry Company Limited (SJC) at 9:09 and gold price 9999 is listed by Doji Jewelry Group at 9:15 as follows:
| Buy into | Sold out | |
| SJC Hanoi | 66.450.000 VND/tael | 67.070.000 VND/tael |
| SJC HCMC | 66.450.000 VND/tael | 67.050.000 VND/tael |
| SJC Da Nang | 66.450.000 VND/tael | 67.070.000 VND/tael |
| Doji Hanoi | 66.400.000 VND/tael | 67.000.000 VND/tael |
| Doji Ho Chi Minh City | 66.500.000 VND/tael | 67.000.000 VND/tael |
SJC and DOJI gold price list updated early in the morning of June 2
Closing the session on April 1, the price of 6 gold bars at SJC Ho Chi Minh City was 9999 million dong/tael (buying in) and 66,4 million dong/tael (sold out). SJC Hanoi listed at 67 million dong/tael (buying in) and 66,4 million dong/tael (sold out).
Doji Hanoi listed at 66,4 million dong/tael (buy in) and 67 million dong/tael (sold out). Doji Ho Chi Minh City bought SJC gold at 66,45 million dong/tael, sold at 66,95 million dong/tael.
Central exchange rate on 2/6 announced by the State Bank is 23.722 VND/USD, down 7 VND compared to yesterday. USD price at commercial banks this morning (July 2) was trading around 6 VND/USD (buying in) and 23.280 VND/USD (selling out).
International gold price today
At 9:48 am today (July 2, Vietnam time), world spot gold price stood around the threshold of 1.979,4 USD/ounce, up 7,4 USD/ounce compared to last night. Gold futures for August delivery on Comex New York were at $8 per ounce.
On the morning of May 2, world gold converted to the bank's USD price was more than 6 million dong/tael (excluding taxes and fees), about 56,4 million dong/tael lower than the domestic gold price.
On the world market, the spot gold price on May 1 (Vietnam time) traded at $6 per ounce. Gold futures price traded at $1.972 per ounce.
According to the newly released employment report, the US economy added 278.000 jobs in May. This is the third consecutive month of unexpected increases in the number of jobs.
Meanwhile, the agreement to raise the US debt ceiling has been approved by the House of Representatives and moved to the Senate for the next vote. If approved by the US Senate, the bill on the public debt ceiling will be submitted to the US President to sign into law before June 5, eliminating the risk of default of the Government of this country.
The Dollar Index, which measures the strength of the greenback against 6 other major currencies, continues to fluctuate in the range of 104,2-104,3 points, the highest in more than 2 months.
The US Federal Reserve (Fed) raised the possibility that it might support the option of not raising interest rates in June. This gives the Fed more time to thoroughly assess the economic situation.
Gold price forecast
Brian Lan, an expert from GoldSilver Central said, in the short term, gold can be traded at a higher price, approaching the threshold of 1.980 USD/ounce. The market is still speculating that the Fed will raise rates more. This will reduce the attractiveness of gold.
The key support in gold prices around $1.950 an ounce could lead gold prices back to $2.000 an ounce, said Edward Moya, senior market analyst at financial firm Oanda.
