SJC gold bar price
At the end of the trading session of the week, DOJI Group listed the price of SJC gold at 117.8-120.3 million VND/tael (buy in - sell out).
Compared to the closing price of last week's trading session (June 8, 2025), the price of SJC gold bars at DOJI increased by VND 2.9 million/tael for buying and VND 3.1 million/tael for selling.
The difference between the buying and selling prices of SJC gold at DOJI Group is at 2.5 million VND/tael.
Meanwhile, Saigon Jewelry Company SJC listed the price of SJC gold at 117.8-120.3 million VND/tael (buy in - sell out).
Compared to the closing price of last week's trading session (June 8, 2025), the price of SJC gold bars at Saigon Jewelry Company SJC increased by VND 2.9 million/tael for buying and VND 3.1 million/tael for selling.
The difference between the buying and selling prices of SJC gold at Saigon Jewelry Company SJC is at 2.5 million VND/tael.
If buying SJC gold at DOJI Group and Saigon Jewelry Company SJC in the session of June 8 and selling it in today's session (6.15), gold buyers at DOJI Group and Saigon Jewelry Company SJC will both make a profit of VND 600,000/tael.
9999 gold ring price
This afternoon, the price of 9999 Hung Thinh Vuong round gold rings at DOJI was listed at 115-117 million VND/tael (buy in - sell out); increased by 2.5 million VND/tael in both directions. The difference between buying and selling is at 2 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at 116-119 million VND/tael (buy - sell); increased by 3 million VND/tael in both directions. The difference between buying and selling is at 3 million VND/tael.
If buying gold rings in the session of June 8 and selling in today's session (June 15), buyers at DOJI will make a profit of VND500,000/tael, while buyers at Bao Tin Minh Chau will break even.
World gold price
At the end of the trading session of the week, the world gold price listed on Kitco was at 3,430.5 USD/ounce, up 122.9 USD/ounce compared to the closing price of the previous trading session.
Gold price forecast
Although gold prices have broken through short-term resistance levels, analysts are still cautious about the possibility of gold prices next week. As the ongoing conflict between Israel and Iran provides gold as a safe haven asset, price increases are driven by geopolitical events that prove they are often short-lived.
The conflict between Israel and Iran could keep gold above $3,400 an ounce, but it will not push prices higher without further escalation. We have seen many geopolitical events causing gold prices to increase temporarily over the past three years, but all have had difficulty maintaining high prices," said Ole Hansen, Head of Commodity Strategy at Saxo Bank.
Meanwhile, Mr. Michael Brown - Senior Research Strategist at Pepperstone, said he is still optimistic about gold, even as the current risk compensation begins to decrease. He said long-term structural factors still support higher gold prices.
Overnight developments once again highlight why gold deserves to be in portfolios as a hedge against the current uncertainty. I still like gold to increase from here, especially as reserve asset distributors continue to diversify their holdings, he said.
Rich Checkan - Chairman and CEO of Asset Strategies International, commented:
With Israels attack on Iran heightening global tensions, theres no doubt about golds upward trend next week, the expert said.
Darin Newsom, senior market analyst at Barchart.com, also believes that gold prices will continue to rise: Increased tensions in the US, missiles flying in the Middle East and the decline of the USD are factors that are driving gold.
Markets are expecting an FOMC meeting next week, but if the fluctuations on the battlefield continue, everything could change."
Economic data to watch next week
Monday: Empire State Production Survey, monetary policy meeting of the Bank of Japan.
Tuesday: US retail sales.
Wednesday: US weekly jobless claims, groundbreaking of US housing construction, US Federal Reserve monetary policy meeting.
Thursday: US market closed for Juneteenth, Swiss National Bank monetary policy meeting, UK Central Bank monetary policy meeting.
Friday: Philly Fed Production Survey
See more news related to gold prices HERE...
