Domestic gold price today
Early afternoon of June 26 , SJC's 9999 gold price today decreased by 100 thousand VND/tael compared to the morning.
The price of 9999 gold was updated by Saigon Jewelry Company Limited (SJC) at 14:43 as follows:
| Buy | Sell | |
| SJC Hanoi | 66,400,000 VND/tael | 67,020,000 VND/tael |
| SJC HCMC | 66,400,000 VND/tael | 67,000,000 VND/tael |
| SJC Danang | 66,400,000 VND/tael | 67,020,000 VND/tael |
SJC gold price list updated early afternoon June 26
Early morning of June 26 , SJC 9999 gold price today remained unchanged compared to the closing price of last weekend's trading session.
The price of 9999 gold was updated by Saigon Jewelry Company Limited (SJC) at 8:31 a.m. and the price of 9999 gold was listed by Doji Jewelry Group at 9:16 a.m. as follows:
| Buy | Sell | |
| SJC Hanoi | 66,500,000 VND/tael | 67,120,000 VND/tael |
| SJC HCMC | 66,500,000 VND/tael | 67,100,000 VND/tael |
| SJC Danang | 66,500,000 VND/tael | 67,120,000 VND/tael |
| Doji Hanoi | 66,450,000 VND/tael | 67,050,000 VND/tael |
| Doji HCMC | 66,500,000 VND/tael | 67,000,000 VND/tael |
SJC and DOJI gold price list updated early morning June 26
At the end of the trading session on June 24, the price of 9999 gold bars at SJC Ho Chi Minh City was 66.5 million VND/tael (buy) and 67.1 million VND/tael (sell). SJC Hanoi listed at 66.5 million VND/tael (buy) and 67.12 million VND/tael (sell).
Doji Hanoi listed at 66.4 million VND/tael (buy) and 67 million VND/tael (sell). Doji Ho Chi Minh City bought SJC gold at 66.5 million VND/tael and sold at 66.7 million VND/tael.
The central exchange rate on June 26 announced by the State Bank is 23,755 VND/USD, an increase of 23 VND compared to yesterday. The USD price at commercial banks this morning (June 26) was traded around 23,325 VND/USD (buy) and 23,695 VND/USD (sell).
International gold price today
At 9:56 a.m. today (June 26, Vietnam time) , the world spot gold price stood at around 1,925.4 USD/ounce, up 5.4 USD/ounce compared to last weekend. The price of gold futures for August delivery on the Comex New York floor was at 1,935.5 USD/ounce.
On the morning of June 26 , world gold converted to USD bank price was 55 million VND/tael (excluding tax and fees), about 12.12 million VND/tael lower than domestic gold price.
On the world market, the spot gold price on June 24 (Vietnam time) was trading at 1,920 USD/ounce.
A Kitco News survey found that Wall Street and Main Street analysts agree that gold prices will trend lower in the near future. Analysts predict that gold could fall to $1,900 an ounce.
For long-term investors, the time when gold prices fall will be a buying opportunity. With the threat of economic recession and the stock market not attracting cash flow, long-term investors should turn to gold.
Phillip Streible, chief market strategist at Blue Line Futures, said that in his experience, now is the best time for investors to buy gold.
George Milling Stanley, chief gold strategist at State Street Global Advisors, expects investors to take advantage of low gold prices to buy.
Gold Price Forecast
Last week, 22 Wall Street analysts participated in the Kitco News gold survey. The results showed that 50% said gold prices would fall in the near term. 41% said prices would rise and 9% said gold prices would remain flat.
The online poll showed that 395 votes, or 41%, said that gold prices would increase in the near future. 403 votes, or 42%, said that gold prices would decrease. The remaining 17%, or 17%, said that gold prices would remain stable.
Source
Comment (0)