Domestic gold ring price little change this morning
| Buy (VND/tael) | Increase/decrease | Sell (VND/tael) | Increase/decrease | |
| SJC | 113,200,000 | 0 | 115,700,000 | 0 |
| Doji | 114,000,000 | 0 | 116,000,000 | 0 |
SJC and Doji gold ring price list updated on the morning of June 30
At the beginning of the trading session on June 30, the price of SJC 9999 gold remained unchanged compared to the closing price of last weekend's trading session, at 117.2-119.2 million VND/tael (buy - sell).
| Buy (VND/tael) | Increase/decrease | Sell (VND/tael) | Increase/decrease | |
| SJC HCMC | 117,200,000 | 0 | 119,200,000 | 0 |
| Doji Hanoi | 117,200,000 | 0 | 119,200,000 | 0 |
| Doji HCMC | 117,200,000 | 0 | 119,200,000 | 0 |
SJC and Doji gold bar price list updated on the morning of June 30
World gold price This morning, at 11:08 a.m. today (June 30, Vietnam time), the world spot gold price was at 3,279.73 USD/ounce, up 7.73 USD/ounce compared to the end of last week.
Morning of June 30, World gold converted to USD bank price is at over 104.8 million VND/tael, including tax and fees, about 14.4 million VND/tael lower than domestic gold price.
Kitco News' weekly gold survey shows that industry experts are not very optimistic about gold's near-term prospects.
The gold market is under pressure as safe-haven demand eases, not only due to seasonal cooling but also due to positive signals from the global economy and geopolitics. The US government has made progress on trade agreements, bringing confidence in a more stable business environment.
Notably, the ceasefire between Israel and Iran has contributed significantly to easing geopolitical tensions, which were one of the main drivers behind the gold price over the past period. This combination of factors is reshaping investor expectations of precious metals, suggesting a shift away from their traditional safe-haven role.
This week, investors will turn their attention to the labor market, along with U.S. manufacturing and service sectors such as the ISM manufacturing PMI, ADP nonfarm payrolls report and nonfarm payrolls. These data are expected to provide a clearer view of the overall health of the U.S. economy.
Aaron Hill, CMT, Chief Market Analyst at FP Markets, predicts that while gold is likely to remain weak, this week’s shorter trading schedule could bring increased volatility, especially with key economic reports, including June’s non-farm payrolls, due out on Thursday.
Most investors are bearish on the US dollar and expect lower interest rates, said Naeem Aslam, chief investment officer at Zaye Capital Markets. Any further weakness in gold would create a buying opportunity. However, the return of risk sentiment could limit gold’s upside, especially in the absence of geopolitical tensions.
According to Kitco, spot gold prices closed the week at $3,272/ounce. Gold futures for August 2025 delivery on the Comex New York floor traded at $3,284/ounce.
At the end of the session on June 28, SJC gold bar price was traded at 117.2-119.2 million VND/tael (buy - sell).
The price of 1-5 chi SJC gold rings is listed at 113.2-115.7 million VND/tael (buy - sell). The price of 9999 gold rings at Doji is at 114-116 million VND/tael.
Weekly, SJC gold bars, SJC gold rings and Doji all decreased by 0.5 million VND/tael.
Gold Price Forecast
Kevin Grady, president of Phoenix Futures and Options, said recent inflation data supports the Federal Reserve's interest rate cut in July. The figures are moving closer to the Fed's 2% inflation target.
Interest rates will be a key driver of gold’s direction as geopolitical dynamics fade. Bond markets are also pricing in lower interest rates, with the 10-year Treasury yield at 4.2%.
Mr. Grady predicts that even if it falls, gold prices will find support around the $3,100-$3,200/ounce mark. He believes that in a lower interest rate environment, gold prices will tend to move higher.
Meanwhile, analysts at Commerzbank expressed optimism about gold, despite the price of the precious metal falling slightly due to the easing of tensions in the Middle East.
According to Commerzbank, the current weakness of the US dollar along with growing expectations of a Fed rate cut will act as a limiting factor for gold prices to decline.
Commerzbank believes that if the US labor market weakens in June, this will create more grounds for the Fed to make additional interest rate cuts, thereby supporting gold prices.
Source: https://baoquangninh.vn/gia-vang-hom-nay-30-6-2025-the-gioi-tang-vang-mieng-sjc-va-nhan-lang-song-3364686.html
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