Domestic gold price today
Domestic gold bar prices are stable. At the end of June 18, gold brands were buying at VND117.6 million/tael and selling at VND119.6 million/tael. Phu Quy SJC gold was buying at VND600,000 lower than other brands.
Similarly, the price of gold rings of some brands also remained stable compared to yesterday morning. Specifically, the price of SJC 9999 gold rings was listed at 113.7 million VND/tael for buying and 116.2 million VND/tael for selling.
DOJI in Hanoi and Ho Chi Minh City markets kept the buying price at 115 million VND/tael and the selling price at 117 million VND/tael.
PNJ brand gold ring price is listed at 114 million VND/tael for buying and 116.8 million VND/tael for selling.
 |
| Domestic gold prices on the morning of June 19 remained stable compared to yesterday morning. Photo: bussiness.vn |
Meanwhile, the price of Bao Tin Minh Chau brand gold rings is listed at 114.8 million VND/tael for buying and 117.8 million VND/tael for selling, down 200,000 VND/tael in both directions.
Phu Quy SJC is buying gold rings at 113.8 million VND/tael and selling at 116.8 million VND/tael, down 200,000 VND/tael in both directions.
Domestic gold bar prices updated on the morning of June 19 as follows:
Yellow | Area | Early morning June 18 | Early morning June 19 | Difference | ||||||
Buy | Sell | Buy | Sell | Buy | Sell | |||||
Unit of measure: Million VND/tael | Unit of measure: Thousand dong/tael | |||||||||
DOJI | 117.6 | 119.6 | 117.6 | 119.6 | - | - | ||||
Ho Chi Minh City | 117.6 | 119.6 | 117.6 | 119.6 | - | - | ||||
SJC | Ho Chi Minh City | 117.6 | 119.6 | 117.6 | 119.6 | - | - | |||
Hanoi | 117.6 | 119.6 | 117.6 | 119.6 | - | - | ||||
Danang | 117.6 | 119.6 | 117.6 | 119.6 | - | - | ||||
PNJ | Ho Chi Minh City | 117.6 | 119.6 | 117.6 | 119.6 | |||||
Hanoi | 117.6 | 119.6 | 117.6 | 119.6 | - | - | ||||
Bao Tin Minh Chau | Nationwide | 117.6 | 119.6 | 117.6 | 119.6 | - | - | |||
Phu Quy SJC | Nationwide | 117 | 119.6 | 117.0 | 119.6 | - | - | |||
World gold price today
World gold prices fell, with spot gold prices at $3,372.47/ounce. World gold prices generally fell 0.50% in the past 24 hours, equivalent to a decrease of $16.96/ounce.
With the domestic gold bar price stable and the world gold price listed at Kitco at 3,372.47 USD/ounce (equivalent to about 106.7 million VND/tael converted according to Vietcombank exchange rate, excluding taxes and fees), the difference between domestic and world gold prices is about 10.9 million VND/tael.
 |
World gold prices cooled down before the decision of the US Federal Reserve (Fed). Photo: internationalbanker.com |
Earlier on the morning of June 18, world gold prices remained almost unchanged as investors awaited the US Federal Reserve's (Fed) monetary policy decision and comments from Chairman Jerome Powell, while platinum prices soared to their highest level in more than four years.
However, by late afternoon, the world gold price had cooled down and traded at $3,372.47/ounce after the Fed announced its decision to keep the benchmark interest rate at 4.25-4.50%, the level it has maintained since December 2024, while forecasting higher inflation and slower growth this year amid President Donald Trump's tariff policies taking effect and emerging geopolitical instability.
In a statement released after the meeting, the Fed said that "uncertainties about the economic outlook have declined but remain high." The agency cut its expectations for economic growth this year and raised its forecasts for inflation and unemployment in updated projections. Fed officials highlighted the overall health of the U.S. economy, with inflation falling in recent months and unemployment consistently low.
Gold’s appeal has been boosted by geopolitical tensions and low interest rates, but prices have lost momentum after hitting a session high of $3,451.04 an ounce on Monday.
“The current trend toward safe-haven alternatives to the U.S. dollar remains strong, driven by growing demand for assets independent of external control,” said Ryan McIntyre, managing partner at Sprott Inc.
THU UYEN
*Please visit the Economics section to see related news and articles.
Source: https://baodaknong.vn/gia-vang-hom-nay-19-6-giam-nhiet-256016.html
Comment (0)