Vietnam.vn - Nền tảng quảng bá Việt Nam

Gold price forecast for tomorrow, July 21, 2025: Gold price fluctuates according to the Trump-Powell argument

Gold prices on July 21, 2025 were strongly affected by the Trump-Powell conflict and the rising USD. Gold fluctuated as the US economy improved, although tax policies could provide support.

Báo Đà NẵngBáo Đà Nẵng20/07/2025

Update the latest gold price details today 7/20/2025

Update gold price today 20 7 2025 latest in domestic market
Update the latest gold price today, July 20, 2025 in the domestic market (Source: Compiled by Da Nang Newspaper)

SJC and DOJI gold prices recorded opposite fluctuations on July 20, 2025

As of 06:00 on July 20, 2025, today's gold price on July 20, 2025 in Hanoi , Ho Chi Minh City and Da Nang of SJC and DOJI showed a different trend compared to the previous trading session. Specifically, the price of SJC gold bars was listed at 119.7 million VND/tael (buy) and 121.2 million VND/tael (sell), recording an increase of 200 thousand VND/tael in both directions. Meanwhile, DOJI Group maintained a sideways trend, listed at 119.5 million VND/tael (buy) and 121.0 million VND/tael (sell) in the regions.

Gold prices of other major brands also have many notable developments.

Mi Hong showed a stronger increase in the latest gold price on July 20, 2025, pushing the buying price to 120.2 million VND/tael (up 400 thousand VND/tael) and the selling price to 121.2 million VND/tael (up 200 thousand VND/tael).

At PNJ, the price of gold bars continues to maintain at 114.7 million VND/tael (buy) and 117.6 million VND/tael (sell), showing a sideways trend. Vietinbank Gold currently lists the selling price at only 121.2 million VND/tael, recording an increase of 200 thousand VND/tael.

Bao Tin Minh Chau recorded the gold price moving sideways in both buying and selling directions, at 119.5 million VND/tael (buy) and 121.0 million VND/tael (sell). Meanwhile, Phu Quy Gold and Gemstone Group also maintained the sideways trend for gold bar prices, listed at 118.4 million VND/tael (buy) and 121.0 million VND/tael (sell).

The price of 9999 gold rings remains the same as yesterday.

As of 06:00 today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 115.9-118.4 million VND/tael (buy - sell); unchanged in both buying and selling directions compared to yesterday. The difference between buying and selling prices is at 2.5 million VND/tael.

The price of plain gold rings today, July 20, 2025, has no change.

Bao Tin Minh Chau listed the price of gold rings at 116.1-119.1 million VND/tael (buy - sell); unchanged in both buying and selling directions compared to early this morning. The difference between buying and selling prices is at 3 million VND/tael.

Phu Quy Gold and Gemstone Group listed the price of gold rings at 114.8-117.8 million VND/tael (buy - sell), unchanged in both directions. The difference between buying and selling is 3 million VND/tael.

Gold price list today 7/20/2025 in Vietnam in detail

Gold price today
BuySell
SJC in Hanoi 119.7 - 121.2 -
DOJI Group 119.5 - 121.0 -
Red Eyelashes 120.2 - 121.2 -
PNJ 114.7 - 117.6 -
Vietinbank Gold
121.2 -
Bao Tin Minh Chau 119.5 - 121.0 -
Phu Quy 118.4 - 121.0 -
1. DOJI - Updated: 7/20/2025 4:00 PM - Source website time - ▼/▲ Compared to yesterday.
Type Buy Sell
AVPL/SJC HN 119,500 121,000
AVPL/SJC HCM 119,500 121,000
AVPL/SJC DN 119,500 121,000
Raw material 9999 - HN 108,600
109,400
Raw material 999 - HN 108,500
109,300
2. PNJ - Updated: 07/20/2025 16:00 - Time of the source website - ▼/▲ Compared to yesterday.
Type Buy Sell
HCMC - PNJ 114,700 117,600
HCMC - SJC 119,500 121,000
Hanoi - PNJ 114,700 117,600
Hanoi - SJC 119,500 121,000
Da Nang - PNJ 114,700 117,600
Da Nang - SJC 119,500 121,000
Western Region - PNJ 114,700 117,600
Western Region - SJC 119,500 121,000
Jewelry gold price - PNJ 114,700 117,600
Jewelry gold price - SJC 119,500 121,000
Jewelry gold price - Southeast PNJ 114,700
Jewelry gold price - SJC 114,700 117,600
Jewelry gold price - Jewelry gold price PNJ 999.9 Plain Ring 114,700
Jewelry gold price - Jewelry gold 999.9 114,700 117,600
Jewelry gold price - Jewelry gold 999 114,200 116,700
Jewelry gold price - Jewelry gold 999 114,080 116,580
Jewelry gold price - Jewelry gold 9920 113,370 115,870
Jewelry gold price - Jewelry gold 99 113,130 115,630
Jewelry gold price - 750 gold (18K) 80,180 87,680
Jewelry gold price - 585 gold (14K) 60,920 68,420
Jewelry gold price - 416 gold (10K) 41,200 48,700
Jewelry gold price - 916 gold (22K) 104,500 107,000
Jewelry gold price - 610 gold (14.6K) 63,840 71,340
Jewelry gold price - 650 gold (15.6K) 68,510 76,010
Jewelry gold price - 680 gold (16.3K) 72,010 79,510
Jewelry gold price - 375 gold (9K) 36,410 43,910
Jewelry gold price - 333 gold (8K) 31,160 38,660
3. SJC - Updated: 7/20/2025 4:00 PM - Source website time - ▼/▲ Compared to yesterday.
SJC Gold 1L, 10L, 1KG 119,700
121,200
SJC gold 5 chi 119,700
121,220
SJC gold 0.5 chi, 1 chi, 2 chi 119,700
121,230
SJC 99.99% gold ring 1 chi, 2 chi, 5 chi 114,200 116,700
SJC 99.99% gold ring 0.5 chi, 0.3 chi 114,200 116,800
Jewelry 99.99% 114,200 116,100
Jewelry 99% 110,450 114,950
Jewelry 68% 72,205 79,105
Jewelry 41.7% 41,668 48,568

Update gold price today July 20, 2025 latest on the world market

World gold price, at 4:00 p.m. on July 20, 2025 (Vietnam time), the world spot gold price was at 3,347.9 USD/ounce. Today's gold price is unchanged from yesterday. Converted according to the USD exchange rate at Vietcombank (26,340 VND/USD), world gold is priced at about 110.6 million VND/tael (excluding taxes and fees). Compared to the domestic SJC gold bar price on the same day (119.7-121.2 million VND/tael), the current SJC gold price is about 10.6 million higher than the international gold price.

Update gold price today July 20, 2025 latest on the world market
Update gold price today July 20, 2025 latest on the world market

The international gold market recorded a fairly stable price compared to the previous session, however, the slight downward trend is expected to continue this week. The rising US dollar combined with positive signals from the US economy are the main factors putting pressure on this precious metal. Notably, platinum has reached its highest peak since August 2014.

Spot gold was quoted at $3,339.20 an ounce, while U.S. gold futures were steady at $3,344.60. For the week, gold prices fell about 0.5%.

Recent US economic data shows the economy is still in good health, which has reduced investors' expectations that the US Federal Reserve (FED) will accelerate the process of easing monetary policy, according to a senior market analyst.

Specifically, the report released on Thursday showed that US retail sales in June increased by 0.6%, exceeding forecasts. In addition, the number of people filing for initial unemployment benefits in the US was also better than expected, falling by 7,000 to 221,000 in the week ending July 12.

These strong economic figures confirm the resilience of the world's largest economy, thereby reinforcing the Fed's cautious stance on cutting interest rates. Gold is traditionally considered a safe haven asset during economic uncertainty and often benefits from a low interest rate environment.

Analysts predict that the Fed’s interest rate cuts in late 2025 and 2026 will be the main driver of gold prices in the future. At the same time, investors are also closely monitoring the developments in trade negotiations as US President Donald Trump continues to expand the tariff war.

On the same day, spot platinum fell 0.3% to $1,453.23 an ounce after hitting its highest in more than a decade earlier in the session. Palladium rose 1.5% to $1,293.32, marking its highest since August 2023. Meanwhile, silver prices also rose 0.2% to $38.20.

Gold price forecast July 21, 2025

Gold prices on July 21, 2025 are forecast to continue to fluctuate, affected by conflicting factors in the international market. While the US dollar (USD) is expected to strengthen, geopolitical instability and US tax policies may support gold prices.

Gold price forecast tomorrow 7/21/2025 Trump-Powell argument, gold price fluctuates with USD

Naeem Aslam, chief investment officer at Zaye Capital Markets, said the US dollar is getting strong support. The Federal Reserve is expected to maintain a neutral stance through the summer, and unless economic data deteriorates significantly, it is unlikely to cut interest rates. This implies that the US dollar is likely to rise, a scenario that is not favorable for gold prices.

Sean Lusk, director of commercial hedging at Walsh Trading, agreed, predicting the Fed will be in no rush to cut rates at its July meeting or beyond.

Lukman Otunuga, senior market analyst at FXTM, said gold is currently trading in a fairly narrow range, with support at $3,290 and resistance at $3,370. Amid escalating trade tensions, pressure from President Trump to cut interest rates and strong U.S. economic data, gold lacks a clear catalyst for a strong breakout.

However, Marc Chandler, CEO of Bannockburn Global Forex, is optimistic about the outlook for gold in the coming days. He believes that the recovery in short-term interest rates in the US and the upward correction in the US dollar may have ended or are nearing the end, creating favorable conditions for gold. He expects gold prices to rise in the coming days and recommends that investors closely monitor the gold price trendline from the record high of around $3,500 and the June high of $3,451. This trendline is expected to be near $3,430 early next week.

Sean Lusk also pointed out that tensions between President Donald Trump and Jerome Powell are a major factor in keeping gold prices at current highs, despite the market appearing ready for a correction.

In addition, President Donald Trump's tax policies and tax reform bill are driving safe-haven flows into gold, supporting gold prices further. Marc Chandler observed that gold had a three-day rally late last week and said that US tariffs appear to have helped the precious metal recover. He said that "it seems to be just a matter of time before gold actually goes down."

Adam Button, head of currency strategy at Forexlive, said pessimists on the “Big Beautiful Bill” are buying precious metals. He said pessimists are pouring into Bitcoin, silver and gold, with gold attracting central banks or global reserve managers — a group that has taken a more cautious view of US President Donald Trump.

Next week, the market will receive many important economic data that directly affect the price of gold on July 21, 2025, including the June consumer price index (CPI) and producer price index (PPI) reports, the June retail sales report, the weekly jobless claims number and the preliminary survey of consumer sentiment from the University of Michigan. In addition, the announcement of the EU's retaliatory tariffs is also very important.

In general, the price of gold on July 21, 2025 will likely continue to fluctuate within a certain range, affected by the strengthening of the USD but also supported by geopolitical uncertainties and US tax policies. Investors need to closely monitor economic reports and political developments to make appropriate decisions.

Source: https://baodanang.vn/du-bao-gia-vang-ngay-mai-21-7-2025-gia-vang-bi-xoa-van-theo-cuoc-dau-khau-trump-powell-dau-khau-3297368.html


Comment (0)

No data
No data
PIECES of HUE - Pieces of Hue
Magical scene on the 'upside down bowl' tea hill in Phu Tho
3 islands in the Central region are likened to Maldives, attracting tourists in the summer
Watch the sparkling Quy Nhon coastal city of Gia Lai at night
Image of terraced fields in Phu Tho, gently sloping, bright and beautiful like mirrors before the planting season
Z121 Factory is ready for the International Fireworks Final Night
Famous travel magazine praises Son Doong cave as 'the most magnificent on the planet'
Mysterious cave attracts Western tourists, likened to 'Phong Nha cave' in Thanh Hoa
Discover the poetic beauty of Vinh Hy Bay
How is the most expensive tea in Hanoi, priced at over 10 million VND/kg, processed?

Heritage

Figure

Business

No videos available

News

Political System

Local

Product