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Gold Prices on July 6, 2026: High Levels with Risks

Gold Prices on July 6, 2026: High Levels with Risks

Gold Prices on July 6, 2026: High Levels with Risks

As of 9:20 AM, Phu Quy Gold and Jewelry Group listed the SJC gold price at 148-151.4 million VND per tael (buying - selling), remaining unchanged in both buying and selling directions. The buying and selling spread is at 3.4 million VND per tael.

At the same time, DOJI Group listed the SJC gold price at 148.4-151.4 million VND per tael (buying - selling), also unchanged. The spread here is 3 million VND per tael.

Bao Tin Minh Chau reported the SJC gold price at 147.5-151 million VND per tael, maintaining stability in both buying and selling, with a spread of 3.5 million VND per tael.

For 9999 gold rings, Phu Quy Group listed prices at 148-151 million VND per tael, while DOJI reported the same price range as SJC gold. Bao Tin Minh Chau also listed the 9999 gold ring price at 147.5-151 million VND per tael.

In the international market, as of 9:23 AM, gold was priced at around 4,176.4 USD per ounce, showing a slight increase of 2.3 USD per ounce.

This week, the global gold market continues to show high price fluctuations, influenced by weaker-than-expected US labor data, which has affected the USD and US Treasury yields. The US dollar is under pressure to adjust, while the yield on 10-year Treasury bonds remains around 4.5%.

Market analysts suggest that investor sentiment is shifting towards accumulation after a period of adjustment. There are signs of renewed interest in gold as it recovers a significant psychological level after a prolonged decline.

However, the short-term outlook remains cautious due to high yields and a strong USD, which could keep gold prices fluctuating rather than trending upward. In the medium term, many still hold a positive view of gold due to record-high global public debt and the ongoing correlation between stocks and bonds, increasing the demand for safe-haven assets.

This week, the market is expected to prioritize observing data, especially signals from the Federal Reserve and US economic indicators, before establishing a clearer trend.

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