Gold price on June 30: 'Surfing' investors suffer deep losses

Update SJC gold price

Domestic gold price this morning, Saigon Jewelry Company SJC listed SJC gold price at 117.2-119.2 million VND/tael (buy - sell).

Compared to the closing price of the previous trading session (June 22, 2025), the price of SJC gold bars at Saigon Jewelry Company SJC decreased by 500 thousand VND/tael in both directions.

The difference between buying and selling price of SJC gold at Saigon Jewelry Company is at 2 million VND/tael.

Meanwhile, Bao Tin Minh Chau listed the price of SJC gold bars at 117.2-119.2 million VND/tael (buy - sell). Compared to a week ago, Bao Tin Minh Chau adjusted the price of SJC gold bars down by 500 thousand VND/tael in both directions. The difference between the buying and selling prices is at 2 million VND/tael.

Price of round gold ring 9999

Bao Tin Minh Chau listed the price of gold rings at 114.1-117.1 million VND/tael (buy - sell); down 400 thousand VND/tael in both directions compared to a week ago. The difference between buying and selling is at 3 million VND/tael.

Phu Quy Gold and Gemstone Group listed the price of gold rings at 113.1-116.1 million VND/tael (buy - sell), down 400 thousand VND/tael in both directions compared to a week ago. The difference between buying and selling is 3 million VND/tael.

World gold price

At the close of the weekly trading session, the world gold price listed on Kitco was at 3,272.79 USD/ounce, down sharply by 94.4 USD/ounce compared to the close of the previous week's trading session.

According to a weekly survey by an organization that tracks precious metals markets, the majority of Wall Street experts believe that gold prices will fall in the short term. Of the 17 respondents, 9 predict prices will go down, only 6 believe prices will go up, and the rest believe the market will go sideways.

Meanwhile, individual investors were more positive. Of the 233 people who took part in the online survey, more than half expected prices to rise, while the rest were split between falling and flat, indicating a clear divide between professionals and individual investors.

FxPro expert Alex Kuptsikevich said that the technical trend of gold is deteriorating as it has repeatedly failed to hold important support levels. He said that the price could fall further if selling pressure continues to dominate, especially in the context of the market lacking new upward momentum.

The geopolitical lull, especially the tensions between Israel and Iran, has weakened gold’s safe-haven status. According to experts, this has weakened buying demand while selling pressure remains. Technical indicators are sending negative signals, signaling the possibility of further market volatility on the downside.

Daniel Pavilonis of RJO Futures believes that the bullish momentum has clearly weakened and the correction could be prolonged. While he remains confident in the long-term recovery, he warns that the market is currently lacking new buying money, and the possibility of profit-taking or even short selling is inevitable.

Source: https://baohatinh.vn/gia-vang-ngay-306-gioi-dau-tu-luot-song-chiu-lo-sau-post290828.html