At the end of the session on June 3 , the price of gold bars at SJC closed at 114.9-117.2 million VND/tael (buy - sell), down 900 thousand VND/tael in the buying direction and down 600 thousand VND/tael in the selling direction compared to the closing price of yesterday's trading session.
At the end of the session, the price of SJC gold rings of 1-5 chi was listed at 111-113.5 million VND/tael (buy - sell), down 200 thousand VND/tael in both buying and selling compared to the closing price of yesterday's trading session.
The price of 9999 gold rings at Doji closed the session at 111.5-113.5 million VND/tael, unchanged in the buying direction and down 200 thousand VND/tael in the selling direction compared to the end of yesterday's session.
This afternoon, the world gold price was adjusted down. At 2:56 p.m. today (June 3, Vietnam time), the world spot gold price was at 3,357.5 USD/ounce, down 14.9 USD/ounce compared to early this morning.
In the same trend, domestic gold prices this afternoon were also adjusted down.
At 3:31 p.m., the price of SJC 9999 gold decreased by 600,000 VND/tael for buying and 300,000 VND/tael for selling compared to early this afternoon, down to 114.9-117.2 million VND/tael (buying - selling).
Previously, the price of SJC 9999 gold early this afternoon was adjusted down by 500 thousand VND/tael in both buying and selling compared to this morning, down to 115.5-117.5 million VND/tael (buying - selling).
Domestic gold ring prices this afternoon were also adjusted down by some brands.
Domestic gold ring prices early this morning were adjusted up by brands following the developments of world gold prices.
| Buy (VND/tael) | Increase/decrease | Sell (VND/tael) | Increase/decrease | |
| SJC | 111,000,000 | - 200,000 | 113,500,000 | - 200,000 |
| Doji | 111,500,000 | 0 | 113,500,000 | - 200,000 |
SJC and Doji gold ring price list updated on the afternoon of June 3
Opening the trading session on June 3, the price of SJC 9999 gold was adjusted up by 200,000 VND/tael in both buying and selling compared to the closing price of yesterday's trading session, to 116-118 million VND/tael (buying - selling).
| Buy (VND/tael) | Increase/decrease | Sell (VND/tael) | Increase/decrease | |
| SJC HCMC | 114,900,000 | - 900,000 | 117,200,000 | - 600,000 |
| Doji Hanoi | 114,900,000 | - 900,000 | 117,200,000 | - 600,000 |
| Doji HCMC | 114,900,000 | - 900,000 | 117,200,000 | - 600,000 |
SJC and Doji gold bar price list updated on the afternoon of June 3
The central exchange rate on June 3 announced by the State Bank was 24,982 VND/USD, up 12 VND compared to the previous trading session. The USD price at commercial banks this morning (June 3) was commonly listed at 25,840 VND/USD (buy) and 26,230 VND/USD (sell).
At 9:04 a.m. today (June 3, Vietnam time), the world spot gold price was at 3,372.4 USD/ounce, up 10.4 USD/ounce compared to last night.
On June 3, the world gold price converted to USD bank price was over 107.6 million VND/tael, including tax and fees, about 10.4 million VND/tael lower than the domestic gold price.
The first session of the week in the US recorded a significant increase in precious metals in the context of investors reacting strongly to increasing trade tensions between the world's two largest economies.
At 8:00 p.m. on June 2 (Vietnam time), the spot gold price on Kitco reached $3,362/ounce, up 2.65% from the previous session. Meanwhile, the gold futures price for August 2025 delivery on the Comex floor (New York) traded at $3,384/ounce.
On June 2, China's Ministry of Commerce issued a statement refuting accusations from the US about violating the bilateral trade agreement at the recent round of negotiations in Geneva, saying the accusations were "groundless".
As a result, the US agreed to reduce tariffs on Chinese goods from 145% to 30% within 90 days. In return, China also pledged to reduce tariffs on US goods from 125% to 10% within the same period.
President Donald Trump said over the weekend that China had not lived up to the agreement and warned that he would increase tariffs on steel and aluminum this week.
Similarly, US Treasury Secretary Scott Bessent also said that the negotiation process is stalling, but expects the two sides to have more dialogue in the coming weeks.
A senior White House official revealed that President Trump and Chinese President Xi Jinping may speak by phone this week to discuss trade.
In addition to geopolitical tensions, the weakening of the US dollar and the rise in crude oil prices also contributed to the increase in gold prices. The US Dollar Index (DXY) is currently at 98.92 points, while Nymex crude oil futures have jumped to around $63.5/barrel. The yield on 10-year US Treasury bonds is recorded at 4.52%.
In another development, JPMorgan CEO Jamie Dimon warned of the risk of a “crash” in the bond market if the US government does not soon take measures to control public debt. “That will happen,” he emphasized in a speech at an economic forum.
At the end of the session on June 2, the price of gold bars at SJC closed at 115.8-117.8 million VND/tael (buy - sell), an increase of 100 thousand VND/tael in the buying direction but a decrease of 400 thousand VND/tael in the selling direction compared to the closing price of the trading session last weekend.
The price of SJC 1-5 chi gold rings is listed at 111.2-113.7 million VND/tael (buy - sell), an increase of 700 thousand VND/tael for buying and 200 thousand VND/tael for selling compared to the closing price of the last trading session of the week.
The price of 9999 gold rings at Doji closed the session at 111.5-113.7 million VND/tael, an increase of 500 thousand VND/tael for buying and 200 thousand VND/tael for selling compared to the end of last week.
Gold Price Forecast
According to Darin Newsom, senior market analyst at Barchart, uncertainties continue to support precious metals, gold still plays an important role.
Newsom predicts that the main factors driving gold price volatility are the chaos and volatility created by Mr. Trump. The only way to avoid or hedge against risks in other market sectors is through gold.
“Gold holds intrinsic global value that no other cryptocurrency can. In the long term, gold remains of interest to investors,” Newsom stressed.
Sean Lusk, director of commercial hedging at Walsh Trading, said gold was holding key support for the August contract at $3,257, warning of a sharp correction if this support level is broken.
Mr. Lusk said that if there are trade agreements between the US and some countries, that could be the trigger for a correction in the precious metal. Currently, gold prices could remain in the range of $3,250 to $3,400.
Source: https://vietnamnet.vn/gia-vang-hom-nay-3-6-tang-vot-do-cang-thang-thuong-mai-my-trung-leo-thang-2407397.html
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