Domestic gold price remains stable, world gold price plummets

Báo Công thươngBáo Công thương14/06/2024


Domestic gold price this afternoon June 14, 2024

At the time of survey at 2:00 p.m. on June 14, 2024, the gold price today, June 14 , on the trading floors of some companies is as follows:

The price of SJC gold listed by the gold house is 74.98 million VND/tael for buying and 76.98 million VND/tael for selling.

This afternoon, DOJI listed the price of 9999 gold at 74.98 million VND/tael for buying and 76.98 million VND/tael for selling.

At Mi Hong Gold and Gemstone Company, the price of Mi Hong gold at the time of survey listed the price of SJC gold at 76.00 - 76.98 million VND/tael (buy - sell).

SJC gold price at Bao Tin Minh Chau Company Limited is also traded by the enterprise at 75.50 - 76.98 million VND/tael (buy - sell). Meanwhile, at Bao Tin Manh Hai, it is being traded at 76,000 - 76.98 million VND/tael (buy - sell). Gold price increased by 200,000 VND/tael for buying.

The price of SJC gold bars continues to move sideways, with no changes in buying and selling prices at gold house brands and 4 gold-selling banks. Meanwhile, gold rings have decreased following the world gold price. Specifically, the price of 9999 round gold rings at DOJI is listed at 73.60-74.80 million VND/tael (buy-sell). Compared to yesterday's trading session, the price of 9999 gold rings at DOJI decreased by 100,000 VND/tael for buying and 150,000 VND/tael for selling.

Saigon Jewelry Company listed the price of gold rings at 72.8-74.4 million VND/tael (buy - sell). Compared to yesterday's trading session, the price of 9999 gold rings at Saigon Jewelry Company remained unchanged in both buying and selling directions.

The central exchange rate listed by the State Bank is 24,249 VND/USD, up 4 VND/USD. The USD price at commercial banks is traded around 25,191 VND/USD for buying and 25,461 VND/USD for selling.

Giá vàng chiều nay 14/6/2024: Giá vàn
Gold price today June 14, 2024, SJC gold price, 9999 gold price, 24k gold price, 18k gold price June 14, 2024. Photo: Thanh Thao
1. DOJI - Updated: June 14, 2024 13:42 - Time of the source website - / Compared to yesterday.
Type Buy Sell
AVPL/SJC HN 74,980 76,980
AVPL/SJC HCM 74,980 76,980
AVPL/SJC DN 74,980 76,980
Raw material 9999 - HN 73,200 ▲50K 73,700 ▲50K
Raw material 999 - HN 73,100 ▲50K 73,600 ▲50K
AVPL/SJC Can Tho 74,980 76,980
2. PNJ - Updated: June 14, 2024 15:00 - Website supply time - / Compared to yesterday.
Type Buy Sell
HCMC - PNJ 72,800 ▼100K 74,600 ▼100K
HCMC - SJC 74,980 76,980
Hanoi - PNJ 72,800 ▼100K 74,600 ▼100K
Hanoi - SJC 74,980 76,980
Da Nang - PNJ 72,800 ▼100K 74,600 ▼100K
Da Nang - SJC 74,980 76,980
Western Region - PNJ 72,800 ▼100K 74,600 ▼100K
Western Region - SJC 74,980 76,980
Jewelry gold price - PNJ 72,800 ▼100K 74,600 ▼100K
Jewelry gold price - SJC 74,980 76,980
Jewelry gold price - Southeast PNJ 72,800 ▼100K
Jewelry gold price - SJC 74,980 76,980
Jewelry gold price - Jewelry gold price PNJ Ring (24K) 72,800 ▼100K
Jewelry Gold Price - 24K Jewelry 72,700 ▼100K 73,500 ▼100K
Jewelry Gold Price - 18K Jewelry 53,880 ▼70K 55,280 ▼70K
Jewelry Gold Price - 14K Jewelry 41,750 ▼60K 43,150 ▼60K
Jewelry Gold Price - 10K Jewelry 29,330 ▼40K 30,730 ▼40K

World gold price this afternoon June 14 , 2024 and chart of world gold price fluctuations in the past 24 hours

According to Kitco, the world gold price recorded at 2:00 p.m. today, Vietnam time, was at 2,307.16 USD/ounce. Today's gold price decreased by 4.89 USD/ounce compared to yesterday's gold price. Converted according to the current exchange rate at Vietcombank, the world gold price is about 69,826 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is still 5.154 million VND/tael higher than the international gold price.

Giá vàng chiều nay 14/6/2024: Giá vàn
Gold price fluctuation chart in the last 24 hours

The world spot gold price stood at 2,307.16 USD/ounce, down more than 4 USD/ounce compared to the same trading session yesterday. The yellow precious metal continued to decline in the context of the US dollar rising strongly, the DXY index - comparing the greenback with a basket of other currencies - surpassed the 105 mark in today's session.

In addition, the monetary policy of the US Federal Reserve (FED) negatively affected the gold price increase. Accordingly, right after the FED announced that it would only cut interest rates once this year, gold prices immediately plummeted.

Gold Price Forecast

Market analyst Carlo Alberto De Casa of Kinesis Money said that despite the pressure, the fact that gold is still above $2,300/ounce shows that buyers are still actively considering the correction and price decrease as a good opportunity to increase their gold holdings.

David Rosenberg, founder and president of Rosenberg Research, said that although the Fed has been slower than other central banks in easing monetary policy, once it makes the decision to cut interest rates, gold will take off. Last week, both the European Central Bank and the Bank of Canada decided to cut interest rates.



Source: https://congthuong.vn/gia-vang-chieu-nay-1462024-gia-vang-trong-nuoc-di-ngang-vang-the-gioi-lao-doc-326101.html

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