Gold price today 13.6: Reversal of decline, gold skyrockets

    Khương Duy |

    Gold prices today, June 13, move in an optimistic scenario. Precious metals trading enterprises adjusted the increase down with a margin of about 70,000 - 200,000 VND per quantity. Meanwhile, world gold prices increased sharply, reaching a new peak.

    The domestic gold price this morning (June 13.) at 9:00 a.m. was listed by Doji Jewelry Group in Hanoi at: 37.17 million VND/tael (up 170,000 VND for buying) and 37.27 million VND/tael (up 170,000 VND for selling) compared to the previous session.

    Bao Tin Minh Chau Jewelry Company listed the price at: 37.16 million VND/tael (down 100,000 VND for buying) and 37.25 million VND/tael (up 220,000 VND for selling) compared to the session on June 12.

    SJC gold price on the free market in Ho Chi Minh City is trading around 37.13 - 37.33 million VND/tael. In Hanoi and Da Nang, SJC gold price is trading around 37.13 - 37.35 million VND/tael.

    The above markets all decreased by VND 20,000/tael for buying and VND 70,000/tael for selling compared to the closing price of the previous session. The difference between buying and selling is 200,000 - 220,000 VND/tael.

    World gold prices closed the trading session in the US market early this morning (Hanoi time) to 1,334 USD/oz (up more than 6 USD/oz compared to the close of the previous session).

    The price of gold delivered in June 2019 on the New York Comex was at 1,335 USD/ounce.

    Gold prices increased strongly again due to the low USD and the world financial market fluctuating according to strong statements of US President Donald Trump.

    Accordingly, Mr. Donald Trump said that he would proactively delay reaching a trade agreement with China and would not agree to any agreement unless Beijing accepted the terms that the two sides had previously negotiated.

    Mr. Trump said the US would have "a good deal" or no deal and also affirmed that he would impose additional immediate tariffs on Chinese goods if Mr. Tap did not attend the G20 Summit at the end of June in Japan.

    US trade talks with China have been at a standstill since last month after President Donald Trump accused Beijing of reversing the terms of an expected deal. The trade war between the two countries has escalated.

    Economic news in many regions shows a decline. The stock market has also suffered consecutive losses. Therefore, the demand for cash flow safe havens continues to increase.

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