Gold price continues to decrease by 3.3 million VND/tael
Gold prices fell sharply in both buying and selling, down to 87 million VND/tael.
Survey at 5:00 a.m. on June 1, 2024, gold prices on the trading floors of some companies are as follows:
Gold price9999 is listed by DOJI today at 83.05 million VND/tael for buying and 85.95 million VND/tael for selling.
At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 83.20 - 86.00 million VND/tael (buy - sell).
SJC gold price at Bao Tin Minh Chau Company Limited is also traded by the enterprise at 83.00 - 85.90 million VND/tael (buy - sell). Meanwhile, at Bao Tin Manh Hai, it is being traded at 83.05 - 86.90 million VND/tael (buy - sell).
According to Kitco, the world gold price recorded at 5:00 a.m. today, Vietnam time, was 2,329.15 USD/ounce, down 13.66 USD/ounce compared to yesterday's gold price. Converted according to the current exchange rate at Vietcombank, the world gold price is about 70.584 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is still 12.416 million VND/tael higher than the international gold price.
Gold prices reversed lower in Asian trading today, as investors remained wary of the yellow metal ahead of key US inflation data that could impact the interest rate outlook./.