Gold prices in the Asian market June 7 afternoon recovered quite strongly. At 2 p.m. (Vietnam time), gold price today for spot delivery on the world market at 2.642 USD/ounce, an increase of more than 5 USD compared to the previous session. Gold delivered in February 2025 on the floor of the Comex New York is at 2.654 USD/ounce.
The global gold price is currently approximately 28.1% (USD 579/ounce) higher than at the start of 2024. The global gold price converted to USD bank price is 82.1 million VND/tael, taxes and fees included, approximately 3.5 million VND/tael. lower than the national price of gold.
Gold prices in the international market rose again, mainly because the dollar adjusted lower after a fairly strong previous session.
Gold Ring Price There was little change in the country this morning.
Open negotiation sessionSaigon Jewelry Company (SJC) listed the price of gold rings of types 1 to 5 at only 83.5 to 84.8 million VND/tael (buy – sell), unchanged from the end of the trading session. yesterday’s stock market.
Likewise, the Gold, Silver and Precious Stones Doji Group Early this morning, the price of 9999 gold ring was also maintained at yesterday’s closing level, trading between 84.3 and 85.3 million VND /tael (purchase – sale).
| Buy in (VND/tael | Top and bottom | Exhausted (VND/tael) | Top and bottom | |
| SJC | 83.500.000 | 0 | 84.800.000 | 0 |
| Doji | 84.300.000 | 0 | 85.300.000 | 0 |
SJC and Doji gold ring price list updated on the morning of October 7
Trading session opened on August 7the price of SJC 9999 gold remained unchanged from yesterday’s trading session, between 83.5 and 85 million VND/tael (buy – sell).
The 9999 gold price was reported by Saigon Jewelry Company Limited (SJC) at 8:34 a.m. and the 9999 gold price was reported by Doji Jewelry Group at 8:38 a.m. as follows:
| Buy in (VND/tael) | Top and bottom | Exhausted (VND/tael | Top and bottom | |
| SJC HCMC | 83.500.000 | 0 | 85.000.000 | 0 |
| Doji Hanoi | 83.500.000 | 0 | 85.000.000 | 0 |
| Doji Ho-Chi-Minh-Ville | 83.500.000 | 0 | 85.000.000 | 0 |
SJC and Doji Gold Bar Price List updated on the morning of November 7
Central exchange rate on 7/1 announced by the State Bank at 24.332 VND/USD, down 5 VND from the previous trading session. The price of the dollar in commercial banks this morning (July 1) was generally quoted at 25.218 VND/USD (buy) and 25.548 VND/USD (sell).
At 8:35 a.m. today (May 7, Vietnam time)the global spot price of gold was at 2,636.5 USD/ounce, up 11 USD/ounce from last night. The gold futures price for December 2025 on the Comex New York floor is 2,648.7 USD/ounce.
Morning of June 7the world gold converted to the USD bank price is more than 82 million VND/tael including taxes and fees, which is about 3 million VND/tael lower than the domestic gold price.
The price of gold on Kitco at 9:00 p.m. (April 6, Vietnam time) was trading at USD 1,2,625.5/ounce, down 0.57% from the start of the session. The futures price of gold for delivery on June 2 on the Comex floor in New York is trading at 2025 2,657.3 USD/ounce.
At the start of the trading session on the US market, global gold prices rose slightly after the dollar index fell by more than 1 point, losing 1 point compared to the end of last week . But soon after, due to selling pressure, gold prices fell sharply.
Despite being under pressure from the high dollar, experts and retail investors still predict that the price of gold will exceed 3.000 USD per ounce this year. A global trade war could occur under Mr. Trump as US president, accompanied by increased geopolitical instability, leading to slower economic growth, inflation remaining above 2025% and a slight The economic recession that will occur in the second half of 2020 constitutes a perfect environment. to support gold prices.
Chantelle Schieven, head of research at Capitalight Research, said she maintains an optimistic view on precious metals this year. However, the rise in gold prices will not take place at present but is expected in the coming months.
Chantelle Schieven added that gold prices will trade between 2.500 and 2.700 USD/ounce in the first half, before breaking out and exceeding 3.000 USD/ounce in the second half of 2025.
In the domestic market, at the close of the session on September 6, the price of 1 gold bar at SJC was 9999 million VND/tael (buy) and 83.5 million VND/tael (sell). Doji is listed at 85 million VND/tael (buy) and 83.5 million VND/tael (sell).
SJC announced the price of gold rings of types 1 to 5 at only 83.5 to 84.8 million VND/tael (purchase – sale). Doji listed the price of the 9999 gold round ring at 84.3-85.3 million VND/tael (buy – sell).
Gold Price Prediction
Fawad Razaqzada, market analyst at City Index, predicts that despite near-term challenges, such as the strength of the greenback and rising bond yields, gold prices will still reach the target of 3.000 USD/2025 ounce by the first half of 2020.
According to Nicky Shiels, head of precious metals research and strategy at MKS PAMP, gold prices will trade in a fairly wide range from 2.500 to 3.200 USD/ounce in 2025. The level of price increases depends on the monetary policy of the US Federal Reserve (Fed).
David Miller, chief investment officer and senior portfolio manager at Catalyst Funds, said gold prices could continue to be supported by the trend of BRICS countries converting their US dollar reserves into gold to avoid associated risks. punitive measures from foreign countries.
Gold Price Forecast for Next 10 Days: Despite Dollar Strength, Gold Prices Will Continue to Rise
Despite the pressure from the rising dollar, experts still predict that gold prices in the global market will increase over the next 10 days. From there, the price of SJC gold bars and single rings increased.
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