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Specifically, at 10:30 a.m. on June 11, Saigon Jewelry Company (SJC) listed the buying and selling price of SJC gold bars at 116.8-118.8 million VND/tael, an increase of 300,000 VND/tael compared to yesterday's closing price. The difference between buying and selling is 2 million VND/tael.
The price of SJC 9999 gold ring is 112 million VND/tael for buying and 114.5 million VND/tael for selling, up 300,000 VND and 500,000 VND respectively compared to the previous session.
DOJI gold bar price in Hanoi and Ho Chi Minh City is 116.8 million VND/tael for buying and 118.8 million VND/tael for selling, an increase of 800,000 VND compared to the previous session.
This brand listed the buying and selling price of Doji Hung Thinh Vuong 9999 gold ring at 113.5-116 million VND/tael.
PNJ Gold is currently buying at 112 million VND/tael and selling at 114.8 million VND/tael, unchanged from the previous session.
As of 10:30 a.m. on June 11 (Vietnam time), the world gold price increased slightly by 4.56 USD to 3,327.99 USD/ounce.
World gold prices fluctuated strongly last night and this morning due to profit-taking pressure from short-term futures traders. In addition, US stock indexes increased sharply, causing disadvantages for safe-haven metals such as gold.
In addition, positive news from the US-China negotiations as the world's two leading economies are willing to make concessions on tariffs also reduced demand for holding gold.
However, the potential for gold price increase is still very large thanks to the purchasing power of investment funds and some central banks in the world. After the world gold price dropped to 3,305 USD/ounce last night, many people immediately rushed to buy, causing the gold price to increase again, trading around 3,325 USD/ounce.
Although gold is under some profit-taking pressure, prices will still move higher amid stalled peace initiatives in the Middle East and Ukraine, global economic instability, etc., which will increase debt and lead to consumer inflation, said Rich Checkan, chairman and CEO of Asset Strategies International.
This morning, the USD-Index was at 99.12 points; the yield on 10-year US Treasury bonds was at 4.475%; US stocks rose as investors had positive expectations for US-China trade negotiations; world oil prices fell slightly, trading at 66.76 USD/barrel for Brent oil and 64.94 USD/barrel for WTI oil.
Source: https://baothainguyen.vn/kinh-te/thi-truong/202506/gia-vang-ngay-116-vang-mieng-sjc-tang-len-sat-muc-119-trieu-dongluong-a581679/
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