On the morning of June 10, domestic gold prices remained unchanged compared to the end of yesterday, despite the world gold price tending to adjust.
According to records, large enterprises such as SJC, PNJ, DOJI listed the price of SJC gold bars at 115.7 million VND/tael for buying and 117.7 million VND/tael for selling. This price remained unchanged compared to the trading session on the afternoon of June 9.
99.99% gold rings and jewelry gold are also traded stably around 111.5 - 113.8 million VND/tael (buy - sell).
Thus, domestic gold prices are maintaining within a narrow range around 117 - 118 million VND/tael in recent days.
Notably, some businesses have adjusted the buying price of SJC gold bars higher than the selling price, thereby narrowing the gap between buying and selling prices to about VND2 million/tael. Meanwhile, gold rings still maintain a larger buying and selling price range.
SJC gold bar price is stable compared to the end of yesterday
On the world market, the price of gold this morning (at 9:30 am Vietnam time) was traded at around 3,307 USD/ounce, down about 10 USD compared to the previous session. The price of the precious metal is fluctuating around 3,300 USD/ounce and is considered unlikely to break out in the short term.
According to experts, world gold prices in the coming time will be affected by factors such as US-China trade negotiations and global economic data.
Yuanta Vietnam Securities Company commented that the Prime Minister's direction to research the establishment of a gold trading floor and the authorities' increased inspection of gold trading activities have contributed to "cooling down" the increase in domestic gold prices.
Yuanta predicts that the domestic gold market will become more stable if the official gold exchange is established. In the long term, gold prices are still expected to remain high, especially in the second half of 2025.
Currently, converted at the listed exchange rate, the world gold price is equivalent to about 104.5 million VND/tael - significantly lower than the domestic gold bar price.
Source: https://nld.com.vn/gia-vang-mieng-sjc-va-vang-nhan-bat-dong-196250610095615828.htm
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