On the morning of June 4, major gold companies such as SJC, PNJ, and DOJI all kept their gold prices unchanged compared to the end of yesterday. SJC gold bars were traded at around VND114.9 million per tael for buying and VND117.2 million per tael for selling – unchanged compared to the end of yesterday.
Similarly, the price of 99.99% gold rings and jewelry gold is also kept unchanged by businesses at around 111 million VND/tael for buying and 113.5 million VND/tael for selling.
Compared to yesterday morning, the price of SJC gold bars has lost 800,000 VND/tael. During the week, the lowest price of gold bars was recorded at 117 million VND/tael - 7 million VND/tael lower than the record peak set last April.
The difference in buying and selling prices of SJC gold bars also narrowed to about 2.3 million VND/tael, lower than the difference in buying and selling prices of gold rings.
SJC gold bar price is stable this morning, despite world price increase
Domestic gold prices are stable, in contrast to the upward trend of world prices. In the international market, the precious metal is trading around 3,371 USD/ounce, up more than ten USD/ounce compared to the end of yesterday.
World gold prices had a very volatile session, at one point dropping to only 3,346 USD/ounce, then rising sharply again to 3,372 USD/ounce.
Gold prices increased in the context of the USD index (DXY) also recovering to exceed 99.1 points. According to analysts, gold prices are still being supported by investors' concerns in the international market, in the face of forecasts of slowing global economic growth; tariff tensions between the US and China have not yet subsided...
In the domestic market, many investors expect gold prices to fall sharply following new gold market management policy directives from regulatory agencies.
However, according to some businesses, gold prices are expected to drop sharply only when market supply is replenished because people still have demand to buy.
Currently, the world gold price converted according to the listed exchange rate is about 106.7 million VND/tael.
Source: https://nld.com.vn/gia-vang-mieng-sjc-vang-nhan-lai-nguoc-dong-the-gioi-196250604093601137.htm
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