At the end of the session on June 5 , the price of gold bars at SJC closed at 115.4-117.7 million VND/tael (buy - sell), an increase of 500 thousand VND/tael in both buying and selling 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 111.7-114 million VND/tael (buy - sell), an increase of 700 thousand VND/tael in the buying direction and 500 thousand VND/tael more expensive in the selling direction compared to the closing price of yesterday's trading session.

The price of 9999 gold rings at Doji closed the session at 112.5-114.5 million VND/tael, an increase of 500 thousand VND/tael in both buying and selling prices compared to yesterday's closing price.

Domestic gold ring prices were adjusted up by brands early this morning.

Buy (VND/tael) Increase/decrease Sell ​​(VND/tael) Increase/decrease
SJC 111,700,000 + 700,000 114,000,000 + 500,000
Doji 112,500,000 + 500,000 114,500,000 + 500,000

                  SJC and Doji gold ring price list updated on the morning of June 5

Opening the trading session on June 5, the price of SJC 9999 gold increased by 500 thousand VND/tael in both buying and selling compared to the closing price of yesterday's trading session, to 115.4-117.7 million VND/tael (buying - selling).

Buy (VND/tael) Increase/decrease Sell ​​(VND/tael) Increase/decrease
SJC HCMC 115,400,000 + 500,000 117,700,000 + 500,000
Doji Hanoi 115,400,000 + 500,000 117,700,000 + 500,000
Doji HCMC 115,400,000 + 500,000 117,700,000 + 500,000

                              SJC and Doji gold bar price list updated on the morning of June 5

The central exchange rate on June 5 announced by the State Bank was 24,995 VND/USD, down 9 VND compared to the previous trading session. The USD price at commercial banks this morning (June 5) was commonly listed at 25,854 VND/USD (buy) and 26,244 VND/USD (sell).

At 8:53 a.m. today (June 5, Vietnam time) , the world spot gold price was at 3,372 USD/ounce, up 16 USD/ounce compared to last night.

On June 5 , the world gold price converted to USD bank price was over 107.7 million VND/tael, including tax and fees, about 10 million VND/tael lower than the domestic gold price.

As of 8:00 p.m. on June 3 (Vietnam time), the spot gold price today on the international market was at $3,356/ounce. Gold for August 2025 delivery on the Comex New York floor was at $3,391/ounce.

The world gold price on the night of June 3 was about 27.7% higher (equivalent to 727 USD/ounce) than at the end of 2024. The world gold price converted to the bank USD price was 107 million VND/tael, including taxes and fees, about 10.2 million VND/tael lower than the domestic gold price as of the end of the afternoon session on June 3.

World gold prices tend to hover around the threshold of 3,350 USD/ounce in the context of many data showing that the US economy is still positive. Better-than-expected US employment data has somewhat eased concerns about the negative impact of trade tensions.

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Gold prices are under pressure to decrease. Photo: NH

Previously, gold was supported by news of escalating US-China trade tensions, the conflict in Ukraine entering a very hot phase. Meanwhile, the Iran nuclear deal proposed by the US was not welcomed by Tehran.

Besides, US-EU trade negotiations are also very difficult.

The world gold price is under pressure to decrease due to the recovery of the USD. The DXY index rose back to above 99.2 points after the US released the Jolts report on job opportunities and the number of new hires, new job losses and layoffs in the US was stronger than expected. It shows that the US labor market is still positive.

Domestic gold prices remained almost unchanged. Specifically, by the end of the trading session on June 4, the price of 9999 gold bars at SJC and Doji was listed at 114.9-117.2 million VND/tael (buy-sell), unchanged from the previous session.

The price of gold rings increased slightly. By the end of the afternoon of June 4, SJC announced the price of gold rings of type 1-5 at only 111-113.6 million VND/tael (buy - sell), an increase of 100,000 VND in the selling price compared to the previous session. Doji announced the price of gold rings of type 1-5 at only 112-114 million VND/tael (buy - sell), an increase of 500,000 VND in both buying and selling prices compared to the previous session.

Compared to the peak at the end of April, the selling price of SJC gold has decreased by about 8 million VND/tael.

Gold Price Forecast

World gold prices tend to stagnate despite many fluctuations in the world.

Investors are closely watching developments in the negotiations. The US-China trade war shows no signs of abating. US President Donald Trump tweeted late Tuesday that Chinese President Xi Jinping is “going to have a very difficult time making a deal.”

Fluctuations in the world financial markets also have an impact on the gold market.

The Bank of Canada (BoC) has just decided to keep interest rates unchanged at 2.75%/year while warning about the increasing impact of trade tariffs from the United States.

The US and China have suspended high tariffs, but the outcome of negotiations between the two powers remains uncertain, according to the BoC. Tariffs are much higher than those at the start of 2025 between the US and other countries, indicating that uncertainty remains high.

Kelvin Wong, an expert from Oanda, said that trade tensions between the US and some trading partners could boost demand for gold, thereby pushing prices up.

How to reduce the gap between domestic and international gold prices to 1-2 million/tael? According to experts, if Vietnam establishes a physical gold trading floor, it will both solve the problem of supply, make the market transparent, and bring domestic prices closer to international prices.

Source: https://vietnamnet.vn/gia-vang-hom-nay-5-6-sjc-nhan-tron-chiu-ap-luc-giam-manh-2408219.html