Gold price this afternoon June 2, 2025: Domestic gold price decreased despite strong increase in the world
Gold price this afternoon June 2, 2025: Domestic gold price decreased slightly for gold bars and increased for gold rings. This is a strange fluctuation when the world gold price increased sharply to nearly 3350 USD/Ounce
Domestic gold price today June 2, 2025
As of 4:30 p.m. on June 2, 2025, the domestic gold bar price decreased slightly. Specifically:
DOJI Group listed the price of SJC gold bars at 115.8-117.8 million VND/tael (buy - sell), an increase of 100 thousand VND in buying price - a decrease of 400 thousand VND in selling price compared to yesterday.
At the same time, the price of SJC gold bars was listed by Saigon Jewelry Company Limited - SJC at 115.8-117.8 million VND/tael (buy - sell), an increase of 100 thousand VND in buying price - a decrease of 400 thousand VND in selling price compared to yesterday.
At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 116.3-117.5 million VND/tael for buying and selling. Compared to yesterday, the gold price increased by 600 thousand VND for buying and 500 thousand VND for selling.
SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 115.8-117.8 million VND/tael (buy - sell), the price increased by 100 thousand VND in buying direction - decreased by 400 thousand VND in selling direction compared to yesterday.
SJC gold price at Phu Quy is traded by businesses at 115.3-117.8 million VND/tael (buy - sell), gold price increased 300 thousand VND in buying price - decreased 400 thousand VND in selling price compared to yesterday.
As of the afternoon of June 2, 2025, the price of 9999 Hung Thinh Vuong round gold rings at DOJI was listed at 111.5-113.7 million VND/tael (buy - sell); the price increased by 500 thousand VND in the buying direction - increased by 200 thousand VND in the selling direction compared to yesterday.
Bao Tin Minh Chau listed the price of gold rings at 113.5-116.5 million VND/tael (buy - sell); an increase of 500 thousand VND in both buying and selling directions compared to yesterday.
The latest gold price list today, June 2, 2025 is as follows:
| Gold price today | June 2, 2025 (Million VND) | Difference (thousand dong/tael) | ||
| Buy | Sell out | Buy | Sell out | |
| SJC in Hanoi | 115.8 | 117.8 | +100 | -400 |
| DOJI Group | 115.8 | 117.8 | +100 | -400 |
| Mi Hong | 116.3 | 117.5 | +600 | +500 |
| PNJ | 115.8 | 117.8 | +100 | -400 |
| Vietinbank Gold | 117.8 | -400 | ||
| Bao Tin Minh Chau | 115.8 | 117.8 | +100 | -400 |
| Phu Quy | 115.3 | 117.8 | +300 | -400 |
| 1.DOJI- Updated: 6/2/2025 16:30 - Source website time - ▼/▲ Compared to yesterday. | ||
| Domestic gold price | Buy | Sell |
| AVPL/SJC HN | 115,800▲100K | 117,800▼400K |
| AVPL/SJC HCM | 115,800▲100K | 117,800▼400K |
| AVPL/SJC DN | 115,800▲100K | 117,800▼400K |
| Raw material 9999 - HN | 107,500▲500K | 111,200▲200K |
| Raw materials 999 - HN | 107,400▲500K | 111,100▲200K |
| 2.PNJ- Updated: 6/2/2025 16:30 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell out |
| SJC 999.9 gold bar | 11,580 | 11,780 |
| PNJ 999.9 Plain Ring | 11,120 | 11,380 |
| Kim Bao Gold 999.9 | 11,120 | 11,380 |
| Gold Phuc Loc Tai 999.9 | 11,120 | 11,380 |
| 999.9 gold jewelry | 11,070 | 11,320 |
| 999 gold jewelry | 11,059 | 11,309 |
| 9920 gold jewelry | 10,989 | 11,239 |
| 99 gold jewelry | 10,967 | 11,217 |
| 750 Gold (18K) | 7,755 | 8,505 |
| 585 Gold (14K) | 5,887 | 6,637 |
| 416 Gold (10K) | 3,974 | 4,724 |
| PNJ Gold - Phoenix | 11,120 | 11,380 |
| 916 Gold (22K) | 10,129 | 10,379 |
| 610 Gold (14.6K) | 6,170 | 6,920 |
| 650 Gold (15.6K) | 6,623 | 7,373 |
| 680 Gold (16.3K) | 6,963 | 7,713 |
| 375 Gold (9K) | 3,510 | 4,260 |
| 333 Gold (8K) | 3,001 | 3,751 |
| 3.SJC- Updated: 6/2/2025 16:30 - Source website time - ▼/▲ Compared to yesterday. | ||
| SJC Gold 1L, 10L, 1KG | 115,800▲100K | 117,800▼400K |
| SJC gold 5 chi | 115,800▲100K | 117,820▼400K |
| SJC gold 0.5 chi, 1 chi, 2 chi | 115,800▲100K | 117,830▼400K |
| SJC 99.99% gold ring 1 chi, 2 chi, 5 chi | 111,200▲700K | 113,700▲200K |
| SJC 99.99% gold ring 0.5 chi, 0.3 chi | 111,200▲700K | 113,800▲200K |
| 99.99% jewelry | 111,200▲700K | 113,100▲200K |
| 99% Jewelry | 107,480▲198K | 111,980▲198K |
| Jewelry 68% | 70,165▲136K | 77,065▲136K |
| Jewelry 41.7% | 40,417▲83K | 47,317▲83K |
World gold price today June 2, 2025 and world gold price fluctuation chart in the past 24 hours
According to Kitco, the world gold price recorded at 4:30 p.m. on June 2, Vietnam time, was 3,346.92 USD/ounce. Today's gold price increased by 56.26 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,210 VND/USD), the world gold price is about 109.7 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 8.1 million VND/tael higher than the international gold price.
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Gold prices rose nearly 2% to a one-week high, boosted by safe-haven demand from investors as US President Donald Trump continued to threaten new tariffs and tensions between Russia and Ukraine escalated, raising concerns about global risks.
Spot gold rose 1.71%, hitting its highest level since May 23 earlier in the session. US gold futures also rose 1.9% to $3,377.50 an ounce.
One factor supporting gold prices is the weakening of the US dollar. The DXY index fell 0.5% after Mr. Trump announced that he would double import tariffs on steel and aluminum to 50%. At the same time, China reacted angrily when it was accused of violating an agreement on the export of important minerals. A weaker US dollar makes gold more attractive to holders of other currencies.
US Treasury Secretary Scott Bessent said Mr Trump would soon speak by phone with Chinese President Xi Jinping to resolve trade tensions over minerals. However, until progress is made, markets remain on edge, making gold a popular safe haven.
UBS analyst Giovanni Staunovo said that risk-off sentiment as Asian stock markets fell and rising geopolitical tensions, particularly between Ukraine and Russia, had boosted demand for gold. He also said the trade dispute between the US and China continued to support gold prices.
On the geopolitical front, both Russia and Ukraine have stepped up their military offensives ahead of the second round of peace talks in Istanbul. Ukraine has launched a major offensive, while Russia has also launched drone strikes at night.
In the US, Federal Reserve Chairman Jerome Powell will speak later in the day, and markets are awaiting further signals from several other Fed officials this week to assess the outlook for upcoming monetary policy.
Apart from gold, other precious metals also had mixed developments. Silver prices rose 1.3% to $33.42 an ounce. Meanwhile, platinum prices fell 0.4% to $1,051.95 an ounce, while palladium edged up 0.1% to $972.25 an ounce.
