Gold price today 11.6: Gold rings increase by 1.2 million VND/tael

Khương Duy |

Gold price today 11.6: All increased. Domestically, gold rings increased around 1.1 to 1.2 million VND/tael.

Updated SJC gold price

As of 9:00 a.m., the price of SJC gold bars was listed by Saigon Jewelry Company at VND116.8-118.8 million/tael (buy in - sell out), an increase of VND1.1 million/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 116.8-118.8 million VND/tael (buy - sell), an increase of 1.1 million VND/tael in both directions. The difference between buying and selling prices is at 2 million VND/tael.

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

Meanwhile, Bao Tin Minh Chau listed the price of SJC gold bars at 116.8-118.8 million VND/tael (buy - sell), an increase of 1.1 million VND/tael 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 116-118.8 million VND/tael (buy - sell), an increase of 1 million VND/tael for buying and an increase of 1.1 million VND/tael for selling. The difference between buying and selling prices is at 2.8 million VND/tael.

9999 round gold ring price

As of 9:30 a.m., the price of Hung Thinh Vuong 9999 round gold rings at DOJI was listed at 113.5-116 million VND/tael (buy - sell), an increase of 1 million VND/tael for buying and an increase of 1.5 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 114.5-117.5 million VND/tael (buy - sell), an increase of 1.2 million VND/tael in both directions. The difference between buying and selling is 3 million VND/tael.

Dien bien gia vang nhan tron nhung phien giao dich gan day. Bieu do: Phan Anh
The price of plain gold rings in recent trading sessions. Chart: Phan Anh

Phu Quy Gold and Stone Group listed the price of gold rings at 112.4-115.4 million VND/tael (buy - sell), an increase of 1.1 million VND/tael in both directions. 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 9:34, the world gold price was listed around 3,331.9 USD/ounce, up 25.2 USD compared to 1 day ago.

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

World gold prices increased sharply and are heading towards 3,350 USD/ounce in the context of a rapid decline of the USD. The financial market was rocked by fluctuations in the US.

protests against the arrest of immigrants continued to spread to many major US cities, after 4 days of instability in Los Angeles. Several US sources show that at least 30 new protests have been planned across the country.

A US official said that about 700 Marines were present at a gathering area in Seal Beach, about 50km south of Los Angeles, waiting to be deployed to specific locations.

Marines and soldiers do not have the authority to detain them but will protect the federal property and personnel, according to military officials.

US President Donald Trump has also mobilized 4,000 National Guard soldiers to be deployed in Los Angeles amid protests in the city. There were about 2,100 Coast Guard soldiers in Los Angeles on June 10 and more soldiers will arrive.

In another development, Russia is conducting airstrikes across Ukraine after declaring retaliation.

The moment the Russian hypersonic cruise missile destroyed the Ukrainian-controlled oil drilling rig in the Black Sea was recorded in a video from Russian media.

The target is the Tavrida oil rig - a hot spot of dispute between the two sides in the fight to regain control of the strategic Black Sea.

According to pro-Russian sources, the attack took place on June 9, carried out by a Russian Tu-22M3 long-range bomber, using a Soviet anti-ship missile Kh-22. This is a type of missile that has caused a lot of damage to Ukraine since the beginning of the conflict, especially in long-range attacks on civilian and military infrastructure.

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...

Khương Duy
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Gold price update on the morning of September 11: Domestic gold skyrocketed

Phan Anh |

Gold price update on the morning of September 11: Domestic gold increased around 500,000 VND to 1 million VND/tael. World gold did not have many changes.

Updated gold price at the end of session 10.6: Strong increase due to bottom-fishing buying pressure

Khương Duy |

Updated gold price at the end of session 10.6: Rising in both domestic and international markets.

Reasons why buyers suffered heavy losses even though gold prices only decreased slightly

Phan Anh |

Domestic gold prices last week decreased by less than 1 million VND pertaining amount, but buyers still suffered losses of up to 3.3 million VND/tael