Gold price today in the world: In the morning session of June 12, the gold price closed the last trading session of the week at 1,878 USD/ounce, a sharp decrease of 22 USD/ounce compared to the same time the previous day.
Gold price in the world today reversed down because investors thought that inflation in the US only increased temporarily, so they invested heavily in the US dollar, causing the greenback to recover strongly while the gold price plunged.
Many investors are not interested in the price of gold, causing the price to drop by tens of USD/ounce today. Accordingly, the “greenback” has more conditions to increase the price, which is detrimental to the world gold price.
According to expert Darrin Newsom, Chairman of Darin Newsom Analysis, gold price is likely to fall in the near future.
During the trading session, there was a time when the world gold price surpassed the threshold of 1,900 USD/ounce but then dropped sharply by 27 USD/ounce, from 1,902 USD/ounce to 1,875 USD/ounce. By the end of the session, it increased slightly to $1,878 per ounce. However, compared to the previous session, it still fell sharply by 22 USD/ounce.
Domestic gold price today: In the domestic trading session on the morning of June 12, Saigon Jewelry Company listed the price of SJC gold buying and selling at 56.7-57.32 million dong/tael, down 200,000 dong/tael compared to the previous one. closing session yesterday.
Phu Nhuan Jewelry Company (PNJ) listed the price of PNJ gold at 52.8 – 54.5 million dong/tael in both buying and selling directions, down 250,000 dong/tael compared to the previous session.
The price of gold jewelry, the price of 24K gold rings of all kinds plummeted to 400,000 VND per tael, down to 52.7 – 53.3 million VND/tael bought in – sold out.