Gold price today (June 9): World gold price today turned up; domestic gold bar and gold ring market remained unchanged compared to yesterday, with SJC gold bars being listed by domestic brands around 114.9 - 117.2 million VND/tael (buy - sell).
Closing trading session on June 8, price SJC gold bars were listed by Saigon Jewelry Company and many other major brands at 114.9 - 117.2 million VND/tael (buy - sell).
Phu Quy SJC Gold is being bought at a price 400,000 VND lower than other brands, with a transaction price of 114.5 - 117.2 million VND/tael (buy - sell).
Similarly, the price of gold rings was also stable compared to the previous trading session.
Specifically, the listed price of SJC gold rings is 111.2 million VND/tael for buying and 113.5 million VND/tael for selling, unchanged in both directions.
DOJI in Hanoi and Ho Chi Minh City markets also stabilized gold ring transactions at 112.5 million VND/tael for buying and 114.5 million VND/tael for selling.
Bao Tin Minh Chau buys gold rings at 113 million VND/tael and sells at 116 million VND/tael, unchanged in both directions.
Phu Quy Group kept the gold ring trading price unchanged from yesterday at 111 - 114 million VND/tael (buy - sell).
PNJ brand gold ring price is listed at 111 - 113.6 million VND/tael (buy - sell), stable compared to yesterday.
Domestic gold bar prices updated at 5:30 a.m. June 9 as follows:
Yellow | Area | Early morning 8-6 | Early morning 9-6 | Difference | ||||||
Buy | Sell | Buy | Sell | Buy | Sell | |||||
Unit of measure: Million VND/tael | Unit of measure: Thousand dong/tael | |||||||||
DOJI | 114.9 | 117.2 | 114.9 | 117.2 | – | – | ||||
Ho Chi Minh City | 114.9 | 117.2 | 114.9 | 117.2 | – | – | ||||
SJC | Ho Chi Minh City | 114.9 | 117.2 | 114.9 | 117.2 | – | – | |||
Hanoi | 114.9 | 117.2 | 114.9 | 117.2 | – | – | ||||
Danang | 114.9 | 117.2 | 114.9 | 117.2 | – | – | ||||
PNJ | Ho Chi Minh City | 114.9 | 117.2 | 114.9 | 117.2 | – | – | |||
Hanoi | 114.9 | 117.2 | 114.9 | 117.2 | – | – | ||||
Bao Tin Minh Chau | Nationwide | 114.9 | 117.2 | 114.9 | 117.2 | – | – | |||
Phu Quy SJC | Nationwide | 114.5 | 117.2 | 114.5 | 117.2 | – | – | |||
World gold price today
The world gold price increased slightly today, with the spot gold price listed on Kitco around 3,317.85 USD/ounce, up 6.18 USD/ounce compared to early yesterday morning. The last traded gold futures price was 3,338.2 USD/ounce, down 8.4 USD/ounce compared to early yesterday morning.
The world gold price experienced a volatile week when it continuously fluctuated within the range of 3,300 to 3,400 USD/ounce. However, after all the violent fluctuations, this precious metal returned to near the starting point at the end of the week, reflecting the indecision and waiting mentality of investors in the face of unresolved economic and geopolitical signals.
Wall Street analysts are divided on the direction of gold prices this week in Kitco’s survey, with 50% expecting prices to rise, 43% expecting prices to fall and 7% expecting gold to trade sideways. This reflects a general cautious mood as there is no clear catalyst for a new trend.
Some experts are still leaning towards the uptrend as gold has held key support levels and remains a safe haven amid geopolitical uncertainty. Others are predicting a correction in gold prices due to positive signals from White House on the possibility of reaching trade deals and the recovery of US stocks.
In addition, there are also neutral opinions that gold is unlikely to continue to increase strongly without more momentum, especially when stock indexes are becoming more attractive to investors.
James Stanley, senior strategist at Forex.com, remains bullish, saying gold is in a technical correction to continue its larger trend. He sees the $3,300 and $3,280 areas as key levels to watch.
Sharing a positive outlook, President of Adrian Day Asset Management shared: "There are signs that North American investors are increasing their gold purchases. Although it is not a strong wave, I believe that this trend is gradually changing. This is a positive signal for the gold market in the future."
On the contrary, some experts believe that gold prices are entering a deeper correction phase. Adam Button, director of currency strategy at Forexlive.com, warned that if the White House continues to push for trade agreements, gold will find it difficult to maintain its appeal.
Gold is likely to continue to fluctuate in a wide range amid uncertainty over interest rate expectations and geopolitical agreements, analysts say. While institutional investors are still on the sidelines, it is short-term speculators who are driving the market’s rhythm at the moment.
With the domestic gold bar price remaining unchanged and the world gold price listed at Kitco at 3,317.85 USD/ounce (equivalent to about 104.8 million VND/tael converted according to Vietcombank exchange rate, excluding taxes and fees), the difference between the domestic and world gold prices is about 12.4 million VND/tael.
Source: https://baolangson.vn/gia-vang-hom-nay-9-6-quay-dau-tang-5049456.html
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