Gold price today 8.6: Heavy loss of up to 3.3 million VND/tael after a week

Phan Anh |

Gold price today 8.6: The difference between buying and selling is high, combined with the decrease in price, causing SJC gold buyers to lose up to 3.3 million VND/tael after a week.

SJC gold bar price

At the end of the trading session of the week, DOJI Group listed the price of SJC gold at 114.9-117.2 million VND/tael (buy in - sell out).

Compared to the closing price of last week's trading session (June 1, 2025), the price of SJC gold bars at DOJI decreased by VND800,000/tael for buying and VND1 million/tael for selling.

The difference between the buying and selling prices of SJC gold at DOJI Group is at 2.3 million VND/tael.

Meanwhile, Saigon Jewelry Company SJC listed the price of SJC gold at 114.9-117.2 million VND/tael (buy - sell).

Compared to the closing price of last week's trading session (June 1, 2025), the price of SJC gold bars at Saigon Jewelry Company SJC decreased by VND800,000/tael for buying and VND1 million/tael for selling.

The difference between the buying and selling prices of SJC gold at Saigon Jewelry Company SJC is at 2.3 million VND/tael.

Dien bien gia vang mieng SJC nhung phien gan day. Bieu do: Phan Anh
SJC gold bar price movements in recent sessions. Chart: Phan Anh

If buying SJC gold at DOJI Group and Saigon Jewelry Company SJC in the session of June 1 and selling it in today's session (6. 8), gold buyers at DOJI Group and Saigon Jewelry Company SJC will both lose 3.3 million VND/tael.

9999 gold ring price

This morning, the price of 9999 Hung Thinh Vuong round gold rings at DOJI was listed at 112.5-124.5 million VND/tael (buy - sell); an increase of 1.5 million VND/tael for buying and an increase of 1 million VND/tael for selling compared to the closing price of the previous trading session. The difference between buying and selling is at 2 million VND/tael.

Bao Tin Minh Chau listed the price of gold rings at 113-116 million VND/tael (buy in - sell out); unchanged. The difference between buying and selling is at 3 million VND/tael.

Dien bien gia vang nhan thoi gian gan day. Bieu do: Khuong Duy
Recent developments in gold ring prices. Chart: Khuong Duy

If buying gold rings in the session of June 1 and selling in today's session (6. 8), buyers at DOJI will lose 1 million VND/tael, while buyers at Bao Tin Minh Chau will lose 3 million VND/tael.

World gold price

At the end of the trading session of the week, the world gold price listed on Kitco was at 3,307.6 USD/ounce, up 19.3 USD/ounce compared to the closing price of the previous trading session.

Dien bien gia vang the gioi nhung phien giao dich gan day. Bieu do: Phan Anh
World gold price developments in recent trading sessions. Chart: Phan Anh

Gold price forecast

Experts are giving mixed reviews about the gold price trend next week, after the precious metal fluctuated strongly last week.

I am still leaning towards gold and will seek new support so that the broader trend can continue, said James Stanley, senior strategist at Forex.com.

Gold has set a new high in the short term, with the price increase surpassing $3,350/ounce. Therefore, I do not rule out the possibility of this uptrend continuing and will seek new support, especially at 3,300 USD/ounce and 3,280 USD/ounce" - this expert said.

Rich Checkan - Chairman and CEO of Asset Strategies International - commented: "Current momentum supports gold and silver. While there may be some profit-taking, I predict gold will continue to rise next week thanks to the weakness of the US dollar, political tensions in the Middle East and Ukraine, the impact of tariffs and the approval of major US laws that will increase public debt, leading to consumer inflation. These factors will continue to drive demand for gold as a safe asset.

Adrian Day - Chairman of Adrian Day Asset Management - shared: "There are signs that North American investors are increasing their gold purchases, although not a strong wave, I believe this trend is gradually changing. This is a positive signal for the gold market in the future."

Marc Chandler, managing director at Bannockburn Global Forex, gave a more cautious view: "Gold could face some selling pressure in the coming days as the USD stabilizes after better-than-expected jobs data and a strong CPI is expected next week. This could see gold face a slight decline and could retreat to $3,300/ounce.

Economic data to watch next week

Wednesday: US consumer price index (CPI).

Thursday: US producer price index, weekly jobless claims.

Friday: University of Michigan Consumer Psychology Index.

See more news related to gold prices HERE...

Phan Anh
TIN LIÊN QUAN

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Gold price update on the morning of September 8: Under pressure from the wave of sell-off

Phan Anh |

Gold price update on the morning of September 8: Investors took profits in the weekend trading sessions, causing world gold to fall to nearly 3,300 USD/ounce.

Updated gold price at the end of session 7.6: Massive selling, gold price decreased

Khương Duy |

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Gold prices plummet but the long-term uptrend remains unchanged

Phan Anh |

Gold prices cannot break the threshold of 3,400 USD/ounce, however, analysts still believe that gold has the potential to increase this year.