SJC gold bar price
As of 6:00 a.m., the price of SJC gold bars was listed by Saigon Jewelry Company at VND116-118 million/tael (buy in - sell out); unchanged in both directions. The difference between buying and selling prices is at 2 million VND/tael.
At the same time, DOJI Group listed the price of SJC gold bars at 116-118 million VND/tael (buy - sell); increased by 600,000 VND/tael for buying and increased by 300,000 VND/tael for selling. 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 116-118 million VND/tael (buy in - sell out); unchanged in both directions. The difference between buying and selling prices is at 2 million VND/tael.
Phu Quy Jewelry Group listed the price of SJC gold bars at 115-118 million VND/tael (buy in - sell out); unchanged in both directions. The difference between buying and selling prices is at 3 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 112.5-124.5 million VND/tael (buy in - sell out), unchanged. The difference between buying and selling prices is at 2 million VND/tael.
Bao Tin Minh Chau listed the price of gold rings at 113.5-116.5 million VND/tael (buy in - sell out), unchanged. The difference between buying and selling is 3 million VND/tael.
Phu Quy Gold and Stone Group listed the price of gold rings at 111.5-114.5 million VND/tael (buy in - sell out), unchanged. The difference between buying and selling is 3 million VND/tael.
In the context of strong fluctuations in domestic gold prices, the buying-selling gap is pushed too high, increasing the risk for individual investors. Personal investors, especially those with a "surfing" mentality, need to consider carefully before putting money down.
World gold price
At 0:40, the world gold price was listed at 3,321.9 USD/ounce, down 51.4 USD.
Gold price forecast
Gold prices fell slightly after the US important economic report did not have a big surprise and was generally positive. Meanwhile, silver prices rose sharply, reaching their highest level in 13 years.
August gold futures fell four times to $3,370 an ounce, while July silver futures rose 0.45 to $36.23 an ounce.
A noteworthy thing about this month's US economic report is the May employment report from the Department of Labor, with non-farm payrolls increasing by 139,000. This figure was forecast to increase by 125,000, compared to the adjustment of 147,000 in the April report.
The global unemployment rate remains unchanged at 4.2%. Although the ADP's national jobs report on Wednesday had lower results than expected, many investors were concerned that the US jobs report on Friday would also have negative results, but that was not the case.
Asian and European stocks diverged last night. US stock indexes are expected to open higher than today in New York and have increased strongly in the pre-opening trading session after a positive employment report. The increase in stock indexes is a negative factor for safe-haven metals.
In other news, the US and China will resume trade talks following a very positive phone call between President Donald Trump and President Xi Jinping on Thursday. The two leaders are seeking to ease tariff tensions amid rising global economic uncertainty.
The US president said he was ready to join China despite disputes over tariffs, technological restrictions and market access.
Markets outside the US today saw the USD index strengthen. Nymex crude oil prices fluctuated slightly and traded around $63.50/barrel. The yield on the 10-year US government bond is currently at 4.456%.
Note: Gold price data is compared to a day earlier.
See more news related to gold prices HERE...
