After adjusting in the early morning, the price of SJC gold and rings did not fluctuate further. At the end of the session, the price of SJC gold increased by 600 thousand VND/tael for buying and increased by 300 thousand VND/tael for selling compared to the end of yesterday's trading session, reaching 116-118 million VND/tael (buying - selling).
The price of gold rings remains the same as early this morning.
Domestic gold ring prices were adjusted up by some brands early this morning.
| Buy (VND/tael) | Increase/decrease | Sell (VND/tael) | Increase/decrease | |
| SJC | 112,000,000 | + 300,000 | 114,300,000 | + 300,000 |
| Doji | 112,500,000 | 0 | 114,500,000 | 0 |
SJC and Doji gold ring price list updated on the morning of June 6
Opening the trading session on June 6 , the price of SJC 9999 gold increased by 600 thousand VND/tael for buying and increased by 300 thousand VND/tael for selling compared to the closing price of yesterday's trading session, up to 116-118 million VND/tael (buying - selling).
| Buy (VND/tael) | Increase/decrease | Sell (VND/tael) | Increase/decrease | |
| SJC HCMC | 116,000,000 | + 600,000 | 118,000,000 | + 300,000 |
| Doji Hanoi | 115,400,000 | 0 | 117,700,000 | 0 |
| Doji HCMC | 115,400,000 | 0 | 117,700,000 | 0 |
SJC and Doji gold bar price list updated on the morning of June 6
The central exchange rate on June 6 announced by the State Bank was 24,992 VND/USD, down 3 VND compared to the previous trading session. The USD price at commercial banks this morning (June 6) was commonly listed at 25,851 VND/USD (buy) and 26,241 VND/USD (sell).
At 8:48 a.m. today (June 6, Vietnam time) , the world spot gold price was at 3,360.9 USD/ounce, down 21.1 USD/ounce compared to last night.
On June 6, the world gold price converted to USD bank price was over 107.3 million VND/tael, including tax and fees, about 10.7 million VND/tael lower than the domestic gold price.
Gold price on Kitco floor at 8:00 p.m. (June 2, Vietnam time) was trading at $3,382/ounce, up 0.3% on the day. Gold futures price for August 2025 delivery on Comex New York floor was trading at $3,406/ounce.
Initial claims for state unemployment benefits rose 8,000 to a seasonally adjusted 247,000 for the week ended May 31, the Labor Department said Thursday. That was significantly higher than the forecast of 236,000. The previous week’s figure was also revised down by 1,000 to 239,000.
The number of people continuing to receive unemployment benefits reached 1.904 million in the week ending May 24, down slightly from a downwardly revised 1.907 million the previous week.
Investors are particularly sensitive to labor market data, as it remains a key factor influencing the Federal Reserve's monetary policy decisions.
The US central bank has repeatedly affirmed that it is in no hurry to cut interest rates, as inflation risks remain high and the labor market remains relatively stable.
Despite the weak jobs market, some economists believe the Fed will not change its neutral stance at its meeting later this month.
In a move widely anticipated by the market, the European Central Bank (ECB) cut all three of its key interest rates by a further 25 basis points. The ECB announced that the interest rates on its deposit facility, main refinancing facility and marginal lending facility will be reduced to 2%, 2.15% and 2.4% respectively.
The ECB said the decision to cut the deposit rate was based on an updated assessment of the inflation outlook and the dynamics of core inflation.
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 compared to the closing price of the previous trading session.
The price of SJC 1-5 chi gold rings is listed at 111.7-114 million VND/tael (buy - sell), an increase of 700 thousand VND/tael for buying and 500 thousand VND/tael for selling compared to the closing price of the previous 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 compared to the previous session.
Gold Price Forecast
Matt Simpson, senior analyst at financial services firm City Index, said gold prices were currently “in a state of inaction” but were still supported by US President Donald Trump’s trade policies. However, he said gold prices would still struggle to surpass this week’s peak.
The market landscape has changed dramatically in just a few days since early June, with gold and silver breaking through key technical levels, driven largely by a weaker dollar. The Bloomberg Dollar Spot Index is now trading near a two-year low, said Ole Hansen, head of commodity strategy at Saxo Bank.
In addition, rising geopolitical tensions and concerns about the risk of a trade war continue to fuel the gold price increase. Mr. Hansen emphasized that in addition to technical factors, macro factors are playing an increasingly larger role in shaping the price trend of precious metals.
Technically, the old resistance level at $3,325/oz has now become a key support zone. Further, additional support levels are identified at $3,280/oz and the 55-day moving average at $3,223/oz.
“Macro factors are gradually turning in favor of gold. Gold prices could reach $4,000/ounce in the near future,” Mr. Hansen predicted.
Source: https://vietnamnet.vn/gia-vang-hom-nay-6-6-the-gioi-vut-cao-sjc-lam-lui-tang-2408587.html
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