![]() |
In the latest trading session, world gold prices reversed course and rose back above $4,000 per ounce. Photo: Reuters . |
At the start of trading on June 25th (US time), the spot price of gold surged by $59 to $4,032 per ounce, after falling to its lowest level since November 2025. Subsequently, the metal fluctuated between $4,000 and $4,030 per ounce, closing the session at $4,026 per ounce, a gain of $27.6 .
US August gold futures closed up about 1%, at $4,047.6 per ounce. Meanwhile, spot gold prices fell $13.5 from the closing price and traded around $4,012 per ounce.
Recently, the US Department of Commerce announced that the personal consumption expenditure (PCE) price index rose 4.1% in the 12 months ending in May, marking the strongest increase and the first time it has exceeded 4% since April 2023. This result is consistent with forecasts from experts surveyed by Reuters .
Following the data release, the US dollar erased its earlier gains and reversed course, making gold, which is priced in the greenback, cheaper for buyers holding other currencies. Additionally, US government bond yields also fell slightly.
"The PCE index data was generally in line with expectations. That's one of the reasons gold prices remained stable today," said David Meger, Director of Metals Trading at High Ridge Futures.
Mr. Meger added that the market's focus in the coming period will remain on inflationary pressures. This is also partly why gold prices have weakened in recent sessions.
For other metals, spot silver prices rose 1.7% to $58.38 per ounce, platinum increased 1.8% to $1,606.61 per ounce, while palladium prices rose 1.9% to $1,188.19 per ounce.
In other developments, US stocks closed the trading session on June 25th with mixed results. The Nasdaq index fell due to selling pressure on large-cap technology stocks, while the S&P 500 was nearly unchanged and the Dow Jones rose slightly, as investors assessed a series of newly released economic data.
At the close of trading, the Dow Jones index rose 71.72 points (+0.14%) to 51,920.62 points. The S&P 500 index fell 0.73 points (-0.01%) to 7,357.49 points, while the Nasdaq Composite index declined 118.03 points (-0.46%) to 25,358.6 points.
In the energy market, crude oil prices edged higher on June 26th. Specifically, US WTI crude traded above $71 per barrel after briefly rising more than 2%, marking its first gain after five consecutive days of declines. Meanwhile, the global benchmark Brent crude recovered and closed near $75 per barrel.
Earlier in the session, oil prices erased all gains made after the conflict ended, particularly amid investor bets that global oil supplies would improve as oil tankers stranded for months in the Persian Gulf began leaving the Strait of Hormuz, according to CNBC.
On the other hand, data from LSEG shows that traders now expect the Federal Reserve (Fed) to raise interest rates by at least 25 basis points before the end of the year in response to rising price pressures.
According to the CME FedWatch tool, the market currently assesses the probability of the Fed raising interest rates in December at 80%, down from 85% before the PCE data was released, but still higher than the 61% recorded before the Fed's policy meeting last week.
Regarding the geopolitical situation, at the ministerial meeting between the Gulf Cooperation Council (GCC) and the United States in Manama (Bahrain), US Secretary of State Marco Rubio affirmed that Washington wishes to promote constructive dialogue and seek new agreements with Iran.
According to Rubio, international shipping lanes are not owned by any single nation, and imposing transit fees could set an inappropriate precedent for other sea routes around the world.
However, the Iranian Revolutionary Guard Corps (IRGC) Navy recently issued a warning that ships are only permitted to pass through the Strait of Hormuz along designated routes, indicating that risks to this vital shipping lane remain. The IRGC also stated that ships failing to comply with navigation guidelines will face penalties, further increasing concerns about maritime security in the region.
Source: https://znews.vn/gia-vang-the-gioi-thung-day-6-thang-post1663226.html









