On the morning of 30/6, Saigon Jewelry Company (SJC) listed sjc gold bar prices at 143 - 146 million dong per tael. The spread between buying and selling prices remained 3 million dong.

SJC also reduced plain gold ring prices by 2 million dong, to 142,9 - 145,9 million dong per tael. PNJ and DOJI traded this item around 143 - 146 million dong. Bao Tin Minh Chau had the same selling price but bought plain gold rings 500,000 dong lower than the other two brands, listed at 142,5 - 146 million dong.

Domestic gold prices declined, following the downward trend of international prices. From yesterday to this morning, each ounce of world gold decreased by over 100 USD in total, now at 3,959 USD.

Converted at Vietcombank's exchange rate, this precious metal on the international market is equivalent to 126 million dong per tael. Thus, the domestic price is 20 million dong higher than the international price, a sharp increase compared to the difference of about 10-15 million dong earlier this month.

The market declined as US-Iran relations became tense again in recent days, pushing oil prices up and raising concerns about inflation and interest rate hikes. In this environment, gold becomes less attractive as it does not pay periodic interest.

Additionally, the dollar index, which measures the strength of the USD, is on track to record its strongest monthly increase in nearly a year. This makes gold more expensive for non-US buyers.

Silver bar and ingot prices remained unchanged today compared to yesterday. Phu Quy, DOJI, and Ancarat listed this metal at 2,17 - 2,25 million dong per tael, equivalent to 58,2 - 60 million dong per kg.

Trong Hieu