In the domestic market, this morning, the price of SJC gold bars "fell" to 117.2 million VND/tael when the Prime Minister and the General Secretary continuously issued instructions on gold market management to reduce the difference between domestic and world gold prices, to avoid speculation and smuggling...
Specifically, at 9:00 a.m. on June 4, Saigon Jewelry Company (SJC) listed the buying and selling price of SJC gold bars at 114.9-117.2 million VND/tael, an increase of 300,000 VND compared to the previous session. The difference between buying and selling was 2.3 million VND/tael.
The price of SJC 9999 gold ring is 111 million VND/tael for buying and 113.5 million VND/tael for selling, unchanged from the previous session's closing price.
DOJI gold bar price in Hanoi and Ho Chi Minh City is 114.9 million VND/tael for buying and 117.2 million VND/tael for selling.
This brand listed the buying and selling price of Doji Hung Thinh Vuong 9999 gold ring at 111.5-113.5 million VND/tael.
PNJ Gold is currently buying at 110.5 million VND/tael and selling at 113.6 million VND/tael, unchanged from the previous session.
As of 9:00 a.m. June 4 (Vietnam time), gold price World gold fell 11.7 USD to 3,368.9 USD/ounce.
World gold prices today reversed and decreased due to profit-taking pressure after two previous strong increases. At the same time, the increase in US stock indexes was also the reason for the decrease in gold prices.
In addition, the rising USD has put additional pressure on gold prices. However, trade tensions between the US and China are still creating upward momentum for this precious metal.
The price of this precious metal has been consolidating around $3,300/ounce recently and this could be preparation for higher levels...
Adrian Day Asset Management Chairman Adrian Day said that the fundamental drivers of long-term gold price increases such as geopolitical instability and central bank buying have not disappeared and remain unchanged.
This morning, the USD-Index slightly decreased to 99.13 points; the yield on 10-year US Treasury bonds was at 4.449%; US stocks rose simultaneously; world oil prices continued to increase, trading at 65.41 USD/barrel for Brent oil and 63.15 USD/barrel for WTI oil.
Source: https://baoquangninh.vn/gia-vang-ngay-4-6-vang-mieng-sjc-xuong-muc-117-2-trieu-dong-luong-3361142.html
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