Gold price today in the world: In the morning session of June 4, according to Vietnam time, the world gold price was trading at $1,869 per ounce, down sharply to $38 per ounce compared with the same hour last morning.
It can be seen that the gold price suddenly dropped sharply because the USD suddenly recovered strongly when the US announced the number of unemployment applications was lower than expected. Immediately, the gold market experienced volatility, investors quickly sold off and turned to the greenback.
Moreover, the index of business activity in May 2021 reached 66.2%, an increase of 3.5 percentage points compared to the previous month at 62.7% according to a report by the Institute of Supply Management (USA) as well. making many people expect that the economy of the world’s leading country will grow strongly in the coming time. Therefore, the demand for shelter in gold has ceased to exist, many people flocked to cash flow into US bonds when bond yields jumped from less than 1.6%/year to 1.62%/year.
When the release of economic data is likely to recover, investors sold gold massively, causing the gold price to drop another 25 USD/ounce, from 1,890 USD/ounce to 1,865 USD/ounce at 23:00.
Domestic gold price today: Opening the morning trading session on June 4, Saigon Jewelry Company listed the price of SJC gold buying and selling in both directions at 56.45-57.12 million VND/tael respectively. Compared to yesterday’s closing session, today’s gold price decreased by 300,000 VND/tael for buying and 250,000 VND/tael for selling.
Gold price listed by Doji Group at 56.4-57 million dong/tael in both buying and selling directions, compared to the last session, gold price decreased by 200,000 dong/tael in buying and 250,000 dong/tael in buying and selling direction. quantity sold.
Phu Quy SJC Group listed the gold price at 56.4-56.95 million dong/tael, down 350,000 dong/tael bought in and 300,000 dong/tael sold compared to the previous session.
Similarly, the price of gold jewelry, 24K gold rings of all kinds were commonly traded around 52.6 million VND/tael purchased, 53.2 million VND/tael, down 800,000 VND/tael compared to yesterday.