Gold price today (June 30): Stable in the trading session...

Domestic gold prices today

The price of SJC gold bars from many brands remained stable compared to early yesterday morning. DOJI , SJC, and PNJ all listed gold bar prices at 117.2 - 119.2 million VND/ounce (buying price - selling price), unchanged from yesterday.

Phu Quy SJC is buying gold at 700,000 VND/ounce lower at 116.5 million VND/ounce and selling at 119.2 million VND/ounce, unchanged from yesterday.

Bao Tin Minh Chau, in particular, increased by 500,000 VND/ounce in both buying and selling prices, with transactions at 117.7 - 119.7 million VND/ounce (buying - selling).

The prices of SJC gold bars and gold rings from many brands remained stable in the first trading session of the week. Photo: vneconomy.vn

Similar to gold bars, the buying and selling prices of gold rings remained stable compared to yesterday.

Specifically, SJC listed the price of gold rings at 113.2 - 115.7 million VND/ounce (buying price - selling price), remaining unchanged in both directions.

DOJI is trading gold rings at 114 - 116 million VND/ounce (buying price - selling price), unchanged from yesterday.

Bao Tin Minh Chau continues to list the price of gold rings at the same level as yesterday, at 114.5 - 117.5 million VND/ounce (buying price - selling price).

PNJ is trading gold rings at 113.4 - 116 million VND/ounce (buying price - selling price), stable compared to yesterday.

Phu Quy Group also maintained the same buying and selling prices, with gold ring transactions at 113.1 - 116.1 million VND/ounce (buying - selling).

The price of domestic gold bars, updated at 5:30 AM on June 30th, is as follows:

Yellow	Area	Early morning of June 29th	Early morning of June 30th	Difference
Buy	Sell	Buy	Sell	Buy	Sell
Unit of measurement: million VND/ounce	Unit of measurement: Thousand dong/ounce
DOJI	Hanoi	117.2	119.2	117.2	119.2	But	But
Ho Chi Minh City	117.2	119.2	117.2	119.2	But	But
SJC	Ho Chi Minh City	117.2	119.2	117.2	119.2	But	But
Hanoi	117.2	119.2	117.2	119.2	But	But
Da Nang	117.2	119.2	117.2	119.2	But	But
PNJ	Ho Chi Minh City	117.2	119.2	117.2	119.2	But	But
Hanoi	117.2	119.2	117.2	119.2	But	But
Bao Tin Minh Chau	Nationwide	117.2	119.2	117.7	119.7	+500	+500
Phu Quy SJC	Nationwide	116.5	119.2	116.5	119.2	But	But

Today's world gold price

World gold prices fell 0.23% in the last 24 hours, currently trading at $3,266.96 per ounce.

With domestic gold bar prices stable and world gold prices listed on Kitco at $3,266.96/ounce (equivalent to approximately VND 103.5 million/ounce at Vietcombank exchange rate, excluding taxes and fees), domestic gold prices are currently about VND 15.7 million/ounce higher than world gold prices.

Illustration photo: aletihad.ae

According to experts, the decline in global gold prices reflects the usual quietness of the summer season and investors returning to riskier assets thanks to positive economic signals and easing geopolitical tensions.

Adrian Day, President of Adrian Day Asset Management, commented: “The market is correcting after a strong rally. We anticipate the downward trend could last for another 1-2 weeks as supporting factors are not yet clear.”

Daniel Pavilonis, a senior commodities broker at RJO Futures, believes that geopolitical factors and tariffs will continue to weaken, while expectations of a Federal Reserve interest rate cut and concerns about the Fed's independence are increasing. He predicts gold will return to its 200-day moving average, but currently, gold has reached a temporary peak, with money shifting to other metals such as platinum, palladium, and especially silver. Pavilonis argues that the market's new risk appetite is weakening gold prices. He emphasizes that the yield curve and bond yields are more important factors, and the market will decide based on its perception of inflation.

According to independent precious metals analyst Jesse Colombo, gold prices will continue to fluctuate within a wide range of $3,200 - $3,500 per ounce. He warns investors to prepare for potential further price declines in the short term, as the summer trading season officially begins after the July 4th holiday.

Gold prices are currently caught in a tug-of-war between long-term optimistic expectations and short-term headwinds. Economic data, geopolitical tensions, and policy signals from the Fed will be key factors determining the next direction.

KHANH MINH

* Please visit the Economics section to view related news and articles.

Source: https://baodaknong.vn/gia-vang-hom-nay-30-6-on-dinh-o-phien-giao-dich-dau-tuan-267293.html