SJC gold bar price close to 120 million VND/tael

(Dan Tri) - Each tael of SJC gold bars and gold rings decreased by 800,000 VND in both buying and selling prices compared to the beginning of last week.

At the end of last week's trading session (June 21), SJC gold bar prices were listed by large businesses at 117.7-119.7 million VND/tael (buy - sell).

At the beginning of last week (June 16), the price of gold bars was listed at 118.5-120.5 million VND/tael (buy - sell). Thus, the buying and selling prices both decreased by 800,000 VND/tael after one week.

The price of plain gold rings listed by businesses is 113.7-116.2 million VND/tael (buy - sell), also decreasing 800,000 VND/tael after one week.

Each tael of gold bar decreased by 800,000 VND in both buying and selling prices after one week (Photo: Manh Quan).

On the international market, the world gold price in the early morning (June 23, Vietnam time) was around 3,373 USD/ounce, a slight increase of 3 USD compared to before. According to the exchange rate excluding tax and fees, the precious metal is equivalent to 106.8 million VND/tael.

The outlook for gold continues to be mixed, according to the latest Kitco News weekly gold survey. While Wall Street experts remain divided on the price trend, retail investors remain largely positive.

Specifically, among the surveyed experts, 38% predicted that gold prices would increase next week, 31% said that prices would decrease, and the remaining 31% said prices would remain stable.

Among individual investors, optimism prevails as 54% believe gold prices will continue to rise. However, 46% remain cautious, predicting that prices may correct or move sideways in the short term.

This week, the market focus will turn to US economic data, with important reports such as the June preliminary PMI, consumer confidence, new home sales and the core PCE index - the inflation measure that the Fed prioritizes monitoring.

Central rate sets record

The USD-Index - a measure of the greenback's performance against six major currencies - rose 0.17% from the previous day to 98.8 points.

In the foreign exchange market, the central exchange rate at the end of the session on June 21 was listed by the State Bank at 25,031 VND/USD, up 6 VND compared to yesterday and the highest level since the beginning of the year. With a 5% amplitude, the ceiling and floor exchange rates are 26,282 VND/USD and 23,779 VND/USD, respectively.

The USD exchange rate listed by major banks is 25,892-26,282 VND (buying - selling), an increase of 6 VND in the buying direction. Meanwhile, at joint stock banks, the corresponding exchange rate for both buying and selling directions is 25,920-26,282 (buying - selling). All banks listed the USD selling price at the ceiling price.

In the free market, the USD price is traded at 26,295-26,395 VND (buy - sell), down 15 VND in both buying and selling directions.

Source: https://dantri.com.vn/kinh-doanh/gia-vang-mieng-sjc-sat-nguong-120-trieu-dongluong-20250623070552414.htm