Update gold price today 7/23/2025 latest in domestic market
Update the latest gold price today, July 23, 2025 in the domestic market (Source: Compiled by Da Nang Newspaper)
SJC gold bars still perch on historical price peak
SJC gold bars had an impressive trading day, increasing by 700,000 VND/tael in both buying and selling prices in major centers such as Hanoi, Ho Chi Minh City and Da Nang. The current trading price is 120.7 million VND/tael (buy) and 122.7 million VND/tael (sell). DOJI Group also recorded a similar increase, reflecting the general market trend.
In particular, Mi Hong attracted attention with a remarkable increase of VND900,000/tael, bringing the price of gold bars to VND121.7 million/tael (buy) and VND122.7 million/tael (sell). Meanwhile, PNJ adjusted the buying price to VND116.6 million/tael (up VND700,000/tael) and the selling price to VND119.2 million/tael (up VND200,000/tael).
Vietinbank Gold only listed the selling price at 122.7 million VND/tael, an increase of 700,000 VND/tael compared to the previous session.
Bao Tin Minh Chau alone recorded an unprecedented spike in selling prices, up to VND1.2 million/tael, bringing the buying price to VND120.7 million/tael (an increase of VND700,000/tael) and the selling price to VND122.7 million/tael. Phu Quy Gold and Gemstone Group also witnessed an increase of VND700,000/tael for both buying (VND120.2 million/tael) and selling (VND122.7 million/tael).
9999 gold rings also keep climbing
Not only gold bars, 9999 gold rings also witnessed a strong price increase, contributing to creating a vibrant market.
DOJI's 9999 Hung Thinh Vuong round gold ring is listed at VND117.0 million/tael (buy) and VND119.5 million/tael (sell), an increase of VND400,000/tael for both directions. The difference between buying and selling remains stable at VND2.5 million/tael.
Notably, Bao Tin Minh Chau kept the price of plain gold rings unchanged from early this morning, listed at VND116.3 million/tael (buy) and VND119.3 million/tael (sell), with a buying-selling difference of VND3 million/tael.
Meanwhile, Phu Quy Gold and Gemstone Group adjusted the price of gold rings up by VND500,000/tael for both buying (VND116.2 million/tael) and selling (VND119.2 million/tael), keeping the buying and selling difference at VND3 million/tael.
Overall, the domestic gold market is showing strong vitality, with a synchronous increase in prices from gold bars to gold rings, affirming the attractiveness of this precious metal in the current economic context.
Gold price list today 7/23/2025 in Vietnam in detail
Gold price today | ||||
---|---|---|---|---|
Buy | Sell | |||
SJC in Hanoi | 120.7 | ▲700K | 122.7 | ▲700K |
DOJI Group | 120.7 | ▲700K | 122.7 | ▲700K |
Red Eyelashes | 121.7 | ▲900K | 122.7 | ▲900K |
PNJ | 116.6 | ▲700K | 119.2 | ▲200K |
Vietinbank Gold | 122.7 | ▲700K | ||
Bao Tin Minh Chau | 120.7 | ▲700K | 122.7 | ▲1200K |
Phu Quy | 120.2 | ▲700K | 122.7 | ▲700K |
1. DOJI - Updated: 7/23/2025 18:00 - Source website time - ▼/▲ Compared to yesterday. | ||
Type | Buy | Sell |
AVPL/SJC HN | 120,700 ▲700K | 122,700 ▲700K |
AVPL/SJC HCM | 120,700 ▲700K | 122,700 ▲700K |
AVPL/SJC DN | 120,700 ▲700K | 122,700 ▲700K |
Raw material 9999 - HN | 109,500 ▲200K | 110,500 ▲400K |
Raw material 999 - HN | 109,400 ▲200K | 110,400 ▲400K |
2. PNJ - Updated: 23/07/2025 18:00 - Source website time - ▼/▲ Compared to yesterday. | ||
Type | Buy (VND) | Sell (VND) |
SJC PNJ gold bars | 120,700 ▲700K | 122,700 ▲700K |
PNJ 9999 plain gold ring | 116,600 ▲600K | 119,200 ▲200K |
Kim Bao 9999 Gold | 116,600 ▲600K | 119,200 ▲200K |
Gold Phuc Loc Tai 9999 | 116,600 ▲600K | 119,200 ▲200K |
PNJ Gold Bar – Phuong Hoang | 116,600 ▲600K | 119,200 ▲200K |
PNJ 9999 Gold Jewelry | 115,500 ▲500K | 118,000 ▲500K |
PNJ 24K Gold Jewelry | 115,380 ▲500K | 117,880 ▲500K |
99 gold jewelry | 114,420 ▲490K | 116,920 ▲490K |
18K PNJ Gold | 81,150 ▲370K | 88,650 ▲370K |
680 Gold (16.3K) | 72,890 ▲340K | 80,390 ▲340K |
650 Gold (15.6K) | 69,350 ▲320K | 76,850 ▲320K |
610 Gold (14.6K) | 64,630 ▲300K | 72,130K ▲300K |
14K PNJ Gold | 61,680 ▲290K | 69,180 ▲290K |
416 Gold (10K) | 41,740 ▲210K | 49,240 ▲210K |
375 Gold (9K) | 36,900 ▲190K | 44,400 ▲190K |
333 Gold (8K) | 31,590 ▲160K | 39,090 ▲160K |
3. AJC - Updated: 23/07/2025 18:00 - Source website time - ▼/▲ Compared to yesterday. | ||
Type | Buy | Sell |
Jewelry 99.99 | 11,440 ▲80K | 11,890 ▲80K |
99.9 Jewelry | 11,430 ▲80K | 11,880 ▲80K |
NL 99.99 | 10,850 ▼10K | |
Round ring not sealed in blister T.Binh | 10,850 ▼10K | |
Round, 3A, Yellow T.Bình | 11,650 ▲80K | 11,950 ▲80K |
Round, 3A, Yellow N.An | 11,650 ▲80K | 11,950 ▲80K |
Round N., 3A, Yellow Street, Hanoi | 11,650 ▲80K | 11,950 ▲80K |
SJC Thai Binh pieces | 12,070 ▲70K | 12,270 ▲70K |
SJC Nghe An pieces | 12,070 ▲70K | 12,270 ▲70K |
SJC Hanoi Piece | 12,070 ▲70K | 12,270 ▲70K |
4. SJC - Updated: 7/23/2025 18:00 - Source website time - ▼/▲ Compared to yesterday. | ||
SJC Gold 1L, 10L, 1KG | 120,700 ▲700K | 122,700 ▲700K |
SJC gold 5 chi | 120,700 ▲700K | 122,720 ▲700K |
SJC gold 0.5 chi, 1 chi, 2 chi | 120,700 ▲700K | 122,730 ▲700K |
SJC 99.99% gold ring 1 chi, 2 chi, 5 chi | 115,500 ▲500K | 118,000 ▲500K |
SJC 99.99% gold ring 0.5 chi, 0.3 chi | 115,500 ▲500K | 118,100 ▲500K |
Jewelry 99.99% | 115,500 ▲500K | 117,400 ▲500K |
Jewelry 99% | 111,737 ▲495K | 116,237 ▲495K |
Jewelry 68% | 73,089 ▲340K | 79,989 ▲340K |
Jewelry 41.7% | 42,210 ▲208K | 49,110 ▲208K |
Update gold price today July 23, 2025 latest on the world market
World gold price, at 5:20 p.m. on July 23, 2025 (Vietnam time), the world spot gold price was at 3,422.8 USD/ounce. Today's gold price decreased by 7.6 USD. Converted according to the USD exchange rate at Vietcombank (26,320 VND/USD), the world gold price is about 112.94 million VND/tael (excluding taxes and fees). Compared with the domestic SJC gold bar price on the same day (120.7-122.7 million VND/tael), the SJC gold price is currently about 9.76 million higher than the international gold price.
On July 23, 2025, the world gold price slightly decreased, the main reason is believed to be positive information about a new trade agreement between the United States and Japan. The announcement of this agreement by US President Donald Trump has calmed investors' uncertainty, reducing the demand for gold as a safe haven asset. In addition, the recovery of the US dollar and the increase in US government bond yields also contributed to putting pressure on the precious metal.
Spot gold fell 0.2% to $3,423.08 an ounce at 08:04 GMT, having hit its highest level since June 16 earlier in the session but then retreated. US gold futures also fell 0.2% to $3,435.90.
Market analysts say the US-Japan trade deal has dimmed the appeal of gold. Under the terms disclosed, the US will cut auto import tariffs and remove other punitive tariffs on Japan. In return, Japan pledged to invest and lend $550 billion to the US economy. This development sends an optimistic signal about the global economy, prompting investors to divert money from safe assets such as gold to riskier but potentially higher-yielding investment channels. In addition, the rise in the US dollar makes gold more expensive for investors using other currencies, thereby reducing purchasing power.
Another factor weighing on gold prices is the rebound in the yield on the 10-year U.S. Treasury note from its lowest level in nearly two weeks. As bond yields rise, the opportunity cost of holding gold increases because gold does not generate a fixed income like bonds.
Against this backdrop, investors are paying particular attention to the upcoming policy meeting of the US Federal Reserve (Fed), scheduled for July 29-30. The market is expecting the Fed to maintain the current interest rate. However, a clear signal of monetary policy easing from the Fed at the upcoming meeting could be an important catalyst to help gold prices have a chance to set new highs.
Gold price forecast July 24, 2025
The price of gold on July 24, 2025 is predicted to continue to increase, based on what is happening in the world and domestic markets. Currently, the price of gold is at its highest level in the past three months, thanks to some understandable factors that anyone can grasp.
First of all, the price of gold is heating up. Spot gold rose 1.16% to its highest level since mid-June, while US gold futures hit $3,443.70 an ounce. Simply put, gold is becoming an attractive option because many people want to keep their money safe in uncertain times. One big reason is that trade negotiations between the US, EU and China are getting messy. When major countries argue over trade, investors get nervous and pour money into gold, because gold is seen as a "safe haven" - like a reliable safe.
In addition, in the US, bond yields (a type of paper that the government issues to borrow money) have fallen sharply. When yields are low, people are less likely to invest in bonds and turn to gold, because gold is not affected by low interest rates. Furthermore, the US Federal Reserve (Fed) is about to have an important meeting. Many people expect the Fed to cut interest rates in September, which could further increase the price of gold, because gold usually "likes" a low interest rate environment.
Another factor is the pressure from US President Donald Trump on the Fed to act to support the economy. This has caused financial markets to be unsettled, and gold has benefited. Meanwhile, large investment funds – institutions with a lot of money – are starting to buy gold again after a period of selling. If gold prices break above $3,450 an ounce, more people may jump in to buy, pushing prices even higher.
In Vietnam, domestic gold prices often follow world gold prices. Therefore, SJC gold – the most popular gold in our country – is likely to increase in price in the morning trading session on July 24, 2025. If you are thinking of buying gold, keep a close eye on the gold price on July 24, 2025, as this could be the time when prices continue to increase.
Finally, experts are also paying attention to the European Central Bank (ECB) meeting on July 24. Decisions from this meeting may affect global gold prices, and thereby affect domestic gold prices.
Source: https://baodanang.vn/du-bao-gia-vang-ngay-mai-24-7-2025-lieu-co-tiep-tuc-pha-dao-thi-truong-3297681.html
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