Editor’s Note
This article provides a snapshot of the dynamic gold market on June 11, 2025, highlighting a significant surge in domestic prices. The update details the substantial increase for major brands, offering readers key figures on the day’s trading activity.
As of the afternoon of June 11, 2025, domestic gold prices continued their strong upward trend across most major brands. It was a day of active trading in the gold market, with significant price increases observed for many major brands.
Today’s domestic gold bar price rose by 200,000 to 1.1 million VND per tael, bringing the selling price for many brands to 118.8 million VND per tael. The specific details of buying and selling price fluctuations are as follows:
Hanoi SJC: Gold prices rose by 300,000 VND per tael, with the buying price recorded at 116.8 million VND per tael and the selling price at 118.8 million VND per tael.
DOJI Group: The group recorded a significant increase, with both buying and selling prices rising by 800,000 VND per tael. The current buying price is 116.8 million VND per tael and the selling price is 118.8 million VND per tael, representing the largest increase of the day.
Mi Hong Market: Gold prices surged the most, with both buying and selling prices jumping by 1.1 million VND per tael. The buying price reached 117.8 million VND per tael and the selling price reached 118.8 million VND per tael, reflecting active market movement.
PNJ: Meanwhile, PNJ’s gold price remained unchanged from yesterday, maintaining a buying price of 112.0 million VND per tael and a selling price of 114.8 million VND per tael.
Bao Tin Minh Chau: Also rose by 300,000 VND per tael, with the buying price recorded at 116.8 million VND per tael and the selling price at 118.8 million VND per tael.
Phu Quy: Finally, at Phu Quy, the buying price rose slightly by 200,000 VND per tael to reach 116.0 million VND, while the selling price rose by 300,000 VND per tael to reach 118.8 million VND.
DOJI: The price of 9999 Hung Thinh Vuong gold rings traded at DOJI was 113.5 – 116.0 million VND per tael (buying – selling), with both buying and selling prices rising by 500,000 VND per tael. The difference between buying and selling prices was 2.5 million VND per tael.
Bao Tin Minh Chau Co., Ltd.: Set the price of gold rings at 114.5 – 117.5 million VND per tael (buying – selling), which is an increase of 300,000 VND per tael each. The difference between buying and selling prices is 3.0 million VND per tael.
Phu Quy Jewelry Group: Set the price of gold rings at 112.4 – 115.4 million VND per tael (buying – selling), which is an increase of 200,000 VND per tael each. The difference between buying and selling prices is 3.0 million VND per tael.
Today’s (June 11, 2025) gold price showed a clear upward trend across the market, rising by 200,000 to 800,000 VND per tael depending on the brand. This reflects high investor interest in the current economic situation. This significant increase further solidifies gold’s position as a safe and attractive investment vehicle.
With major brands’ prices rising simultaneously, today’s (June 11, 2025) gold price is showing a strong upward trend across the market. This presents an attractive opportunity for investors, especially considering positive signals from the global gold market.
As of 5:25 PM (Vietnam time) on June 11, 2025, the spot gold price was $3,344.41 per ounce. This is an increase of $11.68 per ounce compared to yesterday. Applying Vietcombank’s USD exchange rate (26,200 VND/USD), the world gold price is approximately 109.55 million VND per ounce, excluding taxes and fees. Compared to the domestic SJC gold bar price on the same day (116.8 – 118.8 million VND per tael), the current SJC gold price is about 9.25 million VND higher than the international gold price.
On June 11, 2025, gold prices rose slightly as investors remained cautious amid ongoing uncertainty in US-China trade relations. Investors awaited the release of key inflation indicators to gain clarity on the Federal Reserve’s interest rate policy direction.
Spot gold prices rose 0.4% to $3,336.20 per ounce, and US gold futures prices rose by a similar margin to $3,347. US and Chinese officials announced they had agreed on a legal framework to resume trade negotiations and had lifted China’s rare earth export restrictions. However, the outlook for a sustainable solution to the long-standing trade conflict between the two countries remains unclear.
The US-China trade war began last April when both sides imposed retaliatory tariffs. Following negotiations in Geneva last month, the two countries agreed to reduce tariffs that had reached triple digits. Han Tan, Chief Market Analyst at Exinity Group, analyzed that market participants recognize that the path to a trade agreement between major economies is not smooth. He also forecast that gold prices would maintain their upward trend if global trade tensions escalate or remain high for an extended period.
The US Consumer Price Index (CPI) report, scheduled for release at 12:30 GMT, will provide investors with additional information on the Fed’s interest rate policy. Many economists expect the CPI to show an upward trend, which is not expected to significantly limit the Fed’s ability to cut interest rates. Most economists surveyed by Reuters responded that the Fed would likely keep interest rates stable for at least the next few months due to the risk of inflation rising again due to President Donald Trump’s tax policies.
Additionally, silver prices fell 0.8% to $36.27 per ounce after hitting a 13-year high earlier in the week. Some forecasts suggest silver prices could rise to $38 in the coming months due to market supply shortages and a weak dollar. Platinum prices rose 3.1% to $1,259.63, hitting their highest level since May 2021, while palladium prices rose 1.7% to $1,077.89.
The gold price for June 12, 2025, is expected to continue its upward trend, especially if global economic and political factors remain unstable. Now is a good time to closely monitor market trends and make wise investment decisions.
Investors are awaiting the US Consumer Price Index (CPI) data scheduled for release on June 12. This data will be a crucial factor in determining the direction of the Federal Reserve’s (FED) interest rate policy. If inflation rises, it could lower the likelihood of the Fed maintaining or raising interest rates, which could fuel a rise in gold prices.