Gold price today (June 30): Stable in trading session...

Gold price today (June 30): SJC gold bar and gold ring prices of many domestic brands were stable in the first trading session of the week. World gold prices continued to decline due to low trading activity, improved economic prospects and easing geopolitical tensions.

Domestic gold price today

The price of SJC gold bars of many brands is stable compared to yesterday morning. The brands DOJI , SJC, PNJ all listed the price of gold bars at 117.2 - 119.2 million VND/tael (buy - sell), unchanged compared to yesterday.

Phu Quy SJC is buying 700 thousand VND/tael lower at 116.5 million VND/tael and selling 119.2 million VND/tael, unchanged from yesterday.

Bao Tin Minh Chau alone increased by 500,000 VND/tael in both buying and selling prices, with trading levels at 117.7 - 119.7 million VND/tael (buying - selling).

The price of SJC gold bars and gold rings of many brands was stable in the first trading session of the week. Photo: vneconomy.vn

Similar to gold bars, gold ring prices are stable in buying and selling compared to yesterday.

Specifically, SJC listed the price of gold rings at 113.2 - 115.7 million VND/tael (buy - sell), unchanged in both directions.

DOJI traded gold rings at 114 - 116 million VND/tael (buy - sell), unchanged from yesterday.

Bao Tin Minh Chau continues to list the price of gold rings as yesterday, at 114.5 - 117.5 million VND/tael (buy - sell).

PNJ traded gold rings at 113.4 - 116 million VND/tael (buy - sell), stable compared to yesterday.

Phu Quy Group also kept the buying and selling prices unchanged, with gold ring trading at 113.1 - 116.1 million VND/tael (buy - sell).

Domestic gold bar prices updated at 5:30 a.m. June 30 as follows:

Yellow	Area	Early morning June 29	Early morning 30-6	Difference
Buy	Sell	Buy	Sell	Buy	Sell
Unit of measure: Million VND/tael	Unit of measure: Thousand dong/tael
DOJI	Hanoi	117.2	119.2	117.2	119.2	-	-
Ho Chi Minh City	117.2	119.2	117.2	119.2	-	-
SJC	Ho Chi Minh City	117.2	119.2	117.2	119.2	-	-
Hanoi	117.2	119.2	117.2	119.2	-	-
Danang	117.2	119.2	117.2	119.2	-	-
PNJ	Ho Chi Minh City	117.2	119.2	117.2	119.2	-	-
Hanoi	117.2	119.2	117.2	119.2	-	-
Bao Tin Minh Chau	Nationwide	117.2	119.2	117.7	119.7	+500	+500
Phu Quy SJC	Nationwide	116.5	119.2	116.5	119.2	-	-

World gold price today

World gold price decreased 0.23% in the past 24 hours, currently trading at 3,266.96 USD/ounce.

With the domestic gold bar price stable and the world gold price listed at Kitco at 3,266.96 USD/ounce (equivalent to about 103.5 million VND/tael converted according to Vietcombank exchange rate, excluding taxes and fees), the domestic gold price is about 15.7 million VND/tael higher than the world gold price.

Illustration: aletihad.ae

According to experts, the decline in world gold prices reflects the usual summer lull and investors returning to risky assets thanks to positive economic signals and easing geopolitical tensions.

Mr. Adrian Day, Chairman of Adrian Day Asset Management, commented: "The market is correcting after a strong increase. We predict that the decline may last for another 1-2 weeks when the supporting factors are not really clear."

Geopolitical and tariff factors will continue to decline, while expectations for a Federal Reserve rate cut and concerns about Fed independence are growing, said Daniel Pavilonis, senior commodities broker at RJO Futures. He expects gold to return to its 200-day moving average, but for now, gold has topped out, with money moving into other metals such as platinum, palladium and especially silver. Pavilonis said the market's renewed risk appetite is undermining gold prices. He stressed that the yield curve and bond yields are more important, with the market deciding on inflation perceptions.

According to independent precious metals analyst Jesse Colombo, gold prices will continue to fluctuate within a wide range of $3,200 - $3,500 per ounce. He warned investors to prepare for further price declines in the short term, when the summer trading season officially begins after the July 4 holiday.

Gold prices are caught between long-term optimism and short-term resistance. Economic data, geopolitical tensions and policy signals from the Fed will be key factors in determining the next direction.

KHANH MINH

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Source: https://baodaknong.vn/gia-vang-hom-nay-30-6-on-dinh-o-phien-giao-dich-dau-tuan-267293.html