The domestic gold price today was listed by Saigon Jewelry Company at the SJC gold price at 48.68 million VND/tael, the selling price was 49.03 million VND/tael, an increase of 30,000 VND/tael for buying and selling compared to the closing price of the trading session on June 1. The difference between the current buying and selling prices is 350,000 VND/tael.
DOJI Group listed gold prices at 48.70 - 48.85 million VND/tael (buy - sell), an increase of 20,000 VND/tael for buying and kept unchanged for selling compared to the closing price of yesterday's trading session. The difference between the buying and selling prices of gold is still at 150,000 VND/tael.
World gold price The US market is currently around 1,739.9 USD/oz, up 11.6 USD/oz compared to the trading session at the end of June 1. Converted to USD at Vietcombank (23.350 VND/USD), the world gold price is equivalent to 48.94 million VND/tael, 90,000 VND/tael lower than the selling price of SJC gold.
Gold prices are poised for a strong rally as the US is facing a crisis of widespread anger following the death of the black man George Floyd, who was shot and killed by police in Minneapolis, Minnesota. protests across the country with acts of sabotage, robbery and clashes with police.
Gold received increased support as China stopped buying US agricultural products amid rising tensions over China and many other disagreements.
Beijing has asked defense companies Cofco and Sinograin to stop purchasing some US agricultural products. However, this order is not for private companies.
Meanwhile, recently, India has also had disagreements with China due to current border tensions in Ladakh.
