Gold price today June 2: Just opened, increased again

At 9:00 a.m. on June 2 (Vietnam time), the opening price of gold for the new trading week skyrocketed to $3,322/ounce, up more than $30/ounce compared to the last session of the week. About 30 minutes later, the gold price cooled down but still increased by nearly $20/ounce compared to the previous session, far surpassing the $3,300/ounce mark.

Gold prices are expected to increase again this week, in the context of no new developments in tariffs between the US and other countries; the USD weakens and investors' demand for gold as a safe haven remains high...

In the domestic market, today's gold price increased following the world price but not too strongly. Currently, the price of SJC gold bars is commonly listed by businesses such as SJC, DOJI , PNJ at around 116 million VND/tael for buying, 118.5 million VND/tael for selling, an increase of 300,000 VND/tael compared to the end of the week.

Giá vàng hôm nay 2-6: Vừa mở cửa, lại tăng - Ảnh 1. — Gold price today increased again when trading opened

The price of 99.99 gold rings and jewelry gold of all kinds is traded around 111.2 million VND/tael for buying, 113.8 million VND/tael for selling, an increase of 300,000 VND per tael compared to the end of yesterday.

Domestic gold prices continue to increase, contrary to people's expectations of a downward adjustment trend to narrow the gap with world prices. Last week, the domestic gold market continuously had new directives related to management policies such as quickly amending Decree 24/2012/ND-CP towards marketization with a roadmap and strict control; eliminating the state monopoly on gold bar brands in a controlled manner; possibly granting licenses to many qualified enterprises to participate in gold bar production...

Currently, the world gold price converted according to the listed exchange rate is about 104.4 million VND/tael, 9 million VND lower than gold rings and 14 million VND/tael lower than SJC gold bars.