At the end of the trading session on June 13, the price of SJC gold bars was listed by large enterprises at 117.5-120 million VND/tael (buy - sell), an increase of 500,000 VND for buying and 1 million VND for selling compared to before. The difference between the two buying and selling prices is currently 2.5 million VND/tael.
The price of plain gold rings was also adjusted by businesses to increase by 1 million VND each way, listed at 113.5-116 million VND/tael (buy - sell).
SJC gold bar price regains 120 million VND/tael mark (Photo: Manh Quan).
On the international market, the price of gold early this morning (June 14, Vietnam time) was traded around 3,433 USD/ounce, an increase of 54 USD compared to before.
World gold prices soared as investors rushed to safe-haven assets after Israeli airstrikes on Iran raised concerns about the risk of widespread conflict in the Middle East.
In addition to geopolitical tensions, gold prices were also supported by weaker-than-expected inflation data in the US, which reinforced expectations that the Federal Reserve (Fed) will soon cut interest rates. Gold is considered a safe asset during times of economic and political uncertainty and benefits in a low-interest-rate environment.
Goldman Sachs maintains its forecast for gold prices to reach $3,700 an ounce by the end of 2025 and $4,000 an ounce by mid-2026, driven by sustained buying from central banks. Meanwhile, Bank of America also believes that gold prices could hit $4,000 an ounce within the next 12 months.
Bank USD selling price hits ceiling
In the foreign exchange market, the central exchange rate ending June 13 was listed by the State Bank at 24,975 VND/USD, down from the previous level. With a 5% margin compared to the central exchange rate, the ceiling rate applied is 26,223 VND/USD and the floor rate is 23,726 VND/USD.
The USD exchange rate listed by major banks is 25,833-26,223 VND (buying - selling), an increase of 13 VND in both directions compared to the previous day. Meanwhile, at joint stock banks, the corresponding exchange rate for both buying and selling is 25,850-26,223 VND.
On the free market, the USD price is traded at 26,280-26,380 VND (buy - sell), unchanged from before.
Source: https://dantri.com.vn/kinh-doanh/israel-tan-cong-iran-gia-vang-the-gioi-tang-vot-vuot-3430-usdounce-20250614071117806.htm
Comment (0)