Gold price this afternoon (June 19): Continues to move sideways

According to records, this afternoon (June 19), domestic gold prices continued to move sideways across most brands.

Specifically:

SJC gold in Hanoi and Da Nang is 117.6 million VND/tael for buying - 119.6 million VND/tael for selling, keeping the listed price in both buying and selling directions unchanged compared to yesterday's closing price.

SJC Phu Quy Gold: 117 million VND/tael for buying - 119.6 million VND/tael for selling, keeping the listed price for both buying and selling unchanged compared to yesterday's closing price.

Similarly, DOJI gold prices in Hanoi and Ho Chi Minh City remained unchanged at both buying and selling prices compared to yesterday's closing price, at VND117.6 million/tael for buying - VND119.6 million/tael for selling.

PNJ Gold in Ho Chi Minh City: 114 million VND/tael for buying - 116.8 million VND/tael for selling, unchanged in both directions.

Illustration photo: 24h.com.vn

Similarly, the price of SJC gold bars at Bao Tin Minh Chau Company Limited was traded by the enterprise at 117.6 million VND/tael for buying - 119.6 million VND/tael for selling.

Plain round gold rings are traded by businesses at 114.8 million VND/tael for buying - 117.8 million VND/tael for selling, stable in both buying and selling directions.

Thus, the domestic price of gold bars and gold rings this afternoon continued to move sideways across most brands.

World gold prices today turned down after the US Federal Reserve (Fed) kept interest rates unchanged and signaled that it would lower interest rates more slowly in the future.

Fed Chairman Jerome Powell said the US central bank is expecting significant inflation in the coming months. Currently, the price of gold listed on Kitco is at $ 3,374 / ounce, down slightly from yesterday morning.

Commenting on the gold trend, analysts noted that the price of this precious metal is still well supported because rising government debt increases inflationary pressure and weakens the value of the USD.

Recent forecasts from many organizations suggest that gold prices may fluctuate around $3,350 - $3,450 per ounce in the short term. Gold prices tend to increase slightly if geopolitical tensions escalate or US inflation data is weaker than expected.

Source: https://baolangson.vn/gia-vang-chieu-nay-19-6-tiep-tuc-di-ngang-5050541.html