After several days of "stasis", the domestic gold price today, June 13, suddenly "made waves", when the world gold price increased sharply. Specifically, SJC gold bars were pushed to a new high by SJC, PNJ, DOJI , and Bao Tin Minh Chau companies, buying at 118.5 million VND/tael, selling at 120.5 million VND/tael, an increase of about 800,000 VND/tael compared to yesterday.
Similarly, the price of 99.99% gold rings and jewelry gold also increased by 600,000 VND to 113.5 million VND/tael (buy) and 116 million VND/tael (sell).
Since the beginning of the week, each tael of SJC gold bars and gold rings has increased by about 3 million VND/tael.
Domestic gold prices also increased to their highest level in about 3 weeks.
Gold prices jump as investors worry about escalating tensions between Israel and Iran
Due to rapid fluctuations, businesses widened the buying and selling price range to 2-2.5 million VND/tael.
A surprising development is that in the free market, the price of SJC gold bars is lower than at major gold companies.
The price of SJC gold bars is quoted by some gold shops at 118.6 million VND for buying and 119.9 million VND for selling per tael, about 600,000 VND/tael lower than in large gold companies and banks.
In the international market, the precious metal jumped, far exceeding the 3,400 USD/ounce mark. At 9:15 am, Vietnam time, the price of gold today was at 3,430 USD/ounce, a sharp increase of 65 USD/ounce.
Demand for gold as a safe haven has surged as investors fret over the sudden escalation of tensions between Israel and Iran.
World gold prices also skyrocketed after many days of sideways movement.
Accordingly, Israel has just launched a military attack on Iran, targeting its nuclear program.
International stocks were red, oil prices increased by 7% after reports of explosions in the northeastern suburbs of the capital Tehran - Iran on the morning of June 13.
According to CNBC, Brent oil price increased to 74.23 USD/barrel, while US WTI crude oil price increased to 73.26 USD/barrel.
In addition, the USD index (DXY) fell to its lowest level in about 7 weeks, currently trading at 98 points, also supporting the strong upward momentum of gold prices.
Currently, the world gold price converted according to the listed exchange rate is about 108.4 million VND/tael.
Source: https://nld.com.vn/gia-vang-len-cao-nhat-trong-nhieu-ngay-19625061309290381.htm
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