SJC gold bar price
As of 6:00 a.m., the price of SJC gold bars was listed by Saigon Jewelry Company at VND116.5-118.5 million/tael (buy in - sell out); increased by VND800,000/tael in both directions. The difference between buying and selling prices is at 2 million VND/tael.
At the same time, the price of SJC gold bars was listed by DOJI Group at 116-118 million VND/tael (buy in - sell out); increased by 300,000 VND/tael in both directions. The difference between buying and selling prices is at 2 million VND/tael.
Meanwhile, Bao Tin Minh Chau listed the price of SJC gold bars at 116.5-118.5 million VND/tael (buy in - sell out); increased by 800,000 VND/tael in both directions. The difference between buying and selling prices is at 2 million VND/tael.
Phu Quy Gold and Stone Group listed the price of SJC gold bars at VND 115.8-118.5 million/tael (buy in - sell out); increased by VND 800,000/tael in both directions. The difference between buying and selling prices is at 2.7 million VND/tael.
9999 gold ring price
As of 6:00 a.m., the price of Hung Thinh Vuong 9999 round gold rings at DOJI was listed at 113-125.5 million VND/tael (buy - sell), an increase of 500,000 VND/tael for buying and an increase of 1 million VND/tael for selling. The difference between buying and selling prices is at 2.5 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at 114.2-117.2 million VND/tael (buy - sell), an increase of 900,000 VND/tael in both directions. The difference between buying and selling is 3 million VND/tael.
Phu Quy Gold and Stone Group listed the price of gold rings at 112.2-125.2 million VND/tael (buy in - sell out), an increase of 900,000 VND/tael in both directions. The difference between buying and selling is 3 million VND/tael.
World gold price
The world gold price was listed at 9:55 p.m. on June 10 at 3,329.9 USD/ounce, down slightly by 2.5 USD.
Gold price forecast
Gold and silver prices fluctuated little as the market was taking a break due to the lack of notable basic information at the beginning of the week.
The Asian and European stock markets had mixed developments overnight. US stock indexes are expected to open for differentiation in today's session in New York.
Most markets are suspending trading to monitor the US-China trade talks taking place in London until Monday, although there has been no official announcement on progress. Some sources said the two sides were ready to make a concession, raising expectations for progress in negotiations.
Technically, buyers in the August gold market are still holding a short-term advantage. The next upside target is to close the session above the strong resistance level at the peak last week at 3,427.7 USD/ounce. Meanwhile, sellers aim to push prices below solid technical support at $3,250/ounce.
The immediate resistance level is 3,375 USD/ounce, then 3,400 USD/ounce. The first support level was $3,321.30/ounce, followed by $3,313.1/ounce.
In the outside market, the USD index increased slightly. Nymex crude oil futures also edged up slightly and are currently trading around $65.75/barrel. The yield on the 10-year US Treasury note is currently at 4.45%.
Economic data to watch this week
Wednesday: US Consumer Price Index (CPI)
Thursday: US producer price index, weekly jobless claims
Friday: University of Michigan Consumer Psychology Index
Note: Gold price data is compared to a day earlier.
See more news related to gold prices HERE...
