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Gold price today June 16: Companies increase buying prices sharply

Domestic and foreign gold prices increased simultaneously, in which the buying price of SJC gold bars increased faster than the selling price.

Báo Long AnBáo Long An16/06/2025

The price of SJC gold bars increased from 100,000 - 700,000 VND per tael, in which the buying price increased faster than the selling price. Specifically, Saigon Jewelry Company - SJC increased by 700,000 VND per tael, to 118.5 million VND; selling price increased by 200,000 VND, to 120.5 million VND. Mi Hong Company increased by 100,000 VND per tael, to 119.3 million VND for buying, selling price was 120.3 million VND. Doji Group increased by 700,000 VND, to 118.5 million VND, selling price increased by 200,000 VND, to 120.5 million VND. Phu Quy Company increased by 300,000 VND, buying price was 117.3 million VND, selling price was 120.3 million VND...

Giá vàng hôm nay 16.6.2025: Đồng loạt tăng - Ảnh 1.

The buying price of SJC gold bars increased faster than the selling price. PHOTO: NGOC THANG

Similarly, the price of gold rings also increased from 200,000 - 500,000 VND per tael. SJC Company bought at 113.9 million VND, sold at 116.5 million VND. Phu Quy Company bought at 114.2 million VND, sold at 117.2 million VND. Doji Group bought at 115.5 million VND, sold at 117.5 million VND...

World gold prices increased by $5/ounce to $3,440/ounce, at one point reaching $3,452/ounce. Gold prices increased due to conflicts in the Middle East after Israel's attacks on Iran pushed the price of gold to $3,400/ounce. Mr. Naeem Aslam, investment director at Zaye Capital Markets, noted that gold investors should observe after the first series of airstrikes by Israel. If Iran retaliates strongly, a spike in oil prices could cause a capital flight, causing gold prices to rise. On the contrary, if the escalation remains limited and oil prices fall, the gold rally could disappear as safe-haven demand decreases.

The market will also be watching the Federal Reserve, as Chairman Jerome Powell speaks after a monetary policy meeting this week. Economists expect the Fed to keep interest rates unchanged. However, there is growing speculation that Powell may begin laying the groundwork for a rate cut later this year./.

According to Thanh Nien Newspaper

Source: https://thanhnien.vn/gia-vang-hom-nay-1662025-cac-cong-ty-tang-manh-gia-mua-vao-185250616084721573.htm

Source: https://baolongan.vn/gia-vang-hom-nay-16-6-cac-cong-ty-tang-manh-gia-mua-vao-a197125.html


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