On the morning of June 17th, gold prices continued to fall.

Following a sharp drop the previous day, domestic gold prices continued to fall by 200,000-600,000 VND per tael this morning, June 17th.

At the opening, Phu Nhuan Jewelry Joint Stock Company listed the price of gold rings at 114 million VND/ounce (buying price) - 116.8 million VND/ounce (selling price), a decrease of 1 million VND/ounce (buying price) and 200,000 VND/ounce (selling price) compared to the end of the previous day.

Gold prices continue to fall. Photo: HT

Saigon Gold, Silver and Gemstone Company Limited (a one-member limited liability company) set the price at 113.7 million VND/ounce (buying) - 116.2 million VND/ounce (selling), a decrease of 200,000 VND/ounce in both directions.

Phu Quy Group listed gold at 113.9 million VND/ounce (buying price) - 116.9 million VND/ounce (selling price) instead of 114.5 million VND/ounce (buying price) - 117.5 million VND/ounce (selling price) at the end of the previous day.

For SJC gold bars, the company initially set the price at 117.3 million VND/ounce (buying) - 119.3 million VND/ounce (selling), a decrease of 300,000 VND/ounce in both directions. By over 9 am, the company brought the price back to the closing price of the previous day.

Yesterday, the price of SJC gold bars initially increased but then decreased again, falling by 200,000 VND/ounce (buying price) and 700,000 VND/ounce (selling price) compared to the end of the previous day.

Meanwhile, the price of gold rings increased by 200,000-1,000,000 VND/ounce (buying price) and 200,000-500,000 VND/ounce (selling price).

On the international market, gold prices fell sharply this morning below the $3,400/ounce mark, to $3,394/ounce, as investors intensified profit-taking.

By 9:30 AM, gold was trading at $3,398.3 USD/ounce, which is nearly 12 million VND/ounce lower than the domestic gold price.

Source: https://hanoimoi.vn/sang-17-6-gia-vang-giam-tiep-705818.html