Update gold price today July 28, 2025 latest in domestic market
SJC and DOJI gold prices still stop at the peak of 121.6 million VND/tael
Updated at 6:00 p.m. on July 28, 2025, the gold bar prices of the two major brands SJC and DOJI remained high, specifically VND 119.6 million/tael (buy) and VND 121.1 million/tael (sell) in both Hanoi and Ho Chi Minh City. This development shows a clear slowdown, as the market is waiting for new signals.
Gold prices of other major brands remain stable, except for Mi Hong which has not recovered yet.
While SJC and DOJI maintained their positions, the market witnessed some notable adjustments from other brands:
Mi Hong is the bright spot with the most obvious change: the buying price decreased by 200,000 VND/tael to 120.1 million VND/tael, while the selling price decreased sharply by 600,000 VND/tael, closing at 121.1 million VND/tael. This move shows that Mi Hong is responding flexibly to market developments.
PNJ maintains a stable price and lower than the general level, with gold bar price at 116.0 million VND/tael (buy) and 118.5 million VND/tael (sell).
Vietinbank Gold keeps its selling price at 121.1 million VND/tael.
Brands such as Bao Tin Minh Chau and Phu Quy also showed stability. Bao Tin Minh Chau listed gold prices at VND119.6 million/tael (buy) and VND121.1 million/tael (sell). Meanwhile, Phu Quy maintained prices at VND118.8 million/tael (buy) and VND121.1 million/tael (sell), with no fluctuations in either direction.
The price of 9999 gold rings today remains stable at 118.5 million VND/tael
For the 9999 round gold ring segment, the market recorded stability in today's trading session:
DOJI's Hung Thinh Vuong 9999 round gold ring is listed at 116.0 - 118.5 million VND/tael (buy - sell) as of 10:00 am, unchanged from yesterday. The difference between buying and selling is still 2.5 million VND/tael.
Plain gold rings at Bao Tin Minh Chau also remained at 116.2 - 119.2 million VND/tael (buy - sell), with a buying and selling difference of 3 million VND/tael.
Phu Quy Gold and Gemstone Group listed gold rings at 115.1 - 118.1 million VND/tael (buy - sell), unchanged and maintaining a difference of 3 million VND/tael.
Gold price list today July 28, 2025 in Vietnam in detail
| Gold price today | ||||
|---|---|---|---|---|
| Buy | Sell | |||
| SJC in Hanoi | 119.6 | - | 121.1 | - |
| DOJI Group | 119.6 | - | 121.1 | - |
| Red Eyelashes | 120.3 | - | 121.1 | ▼600K |
| PNJ | 116.0 | - | 118.5 | - |
| Vietinbank Gold | 121.1 | - | ||
| Bao Tin Minh Chau | 119.6 | - | 121.1 | - |
| Phu Quy | 118.8 | - | 121.1 | - |
| 1. DOJI - Updated: July 28, 2025 18:00 - Source website time - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| AVPL/SJC HN | 119,600 | 121,100 |
| AVPL/SJC HCM | 119,600 | 121,100 |
| AVPL/SJC DN | 119,600 | 121,100 |
| Raw material 9999 - HN | 108,500 | 109,500 |
| Raw material 999 - HN | 108,400 | 109,400 |
| 2. PNJ - Updated: July 28, 2025 18:00 - Time of the source website - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| HCMC - PNJ | 116,000 | 118,500 |
| Hanoi - PNJ | 116,000 | 118,500 |
| Da Nang - PNJ | 116,000 | 118,500 |
| Western Region - PNJ | 116,000 | 118,500 |
| Central Highlands - PNJ | 116,000 | 118,500 |
| Southeast - PNJ | 116,000 | 118,500 |
| 3. AJC - Updated: 7/28/2025 6:00 PM - ▼/▲ Compared to yesterday. | ||
| Type | Buy | Sell |
| Jewelry 99.99 | 11,320 | 11,770 |
| 99.9 Jewelry | 11,310 | 11,760 |
| NL 99.99 | 10,760 | |
| Round ring not sealed in blister T.Binh | 10,760 | |
| Round, 3A, Yellow T.Bình | 11,530 | 11,830 |
| Round, 3A, Yellow N.An | 11,530 | 11,830 |
| Round N., 3A, Yellow Street, Hanoi | 11,530 | 11,830 |
| SJC Thai Binh pieces | 11,960 | 12,110 |
| SJC Nghe An pieces | 11,960 | 12,110 |
| SJC Hanoi Piece | 11,960 | 12,110 |
| 4. SJC - Updated: 7/28/2025 18:00 - Source website time - ▼/▲ Compared to yesterday. | ||
| SJC Gold 1L, 10L, 1KG | 119,600 | 121,100 |
| SJC gold 5 chi | 119,600 | 121.120 |
| SJC gold 0.5 chi, 1 chi, 2 chi | 119,600 | 121,130 |
| SJC 99.99% gold ring 1 chi, 2 chi, 5 chi | 114,500 | 117,000 |
| SJC 99.99% gold ring 0.5 chi, 0.3 chi | 114,500 | 117,100 |
| Jewelry 99.99% | 114,500 | 116,400 |
| Jewelry 99% | 110,747 | 115,247 |
| Jewelry 68% | 72,409 | 79,309 |
| Jewelry 41.7% | 41,793 | 48,693 |
Update gold price today July 28, 2025 latest on the world market
World gold price, at 5:30 p.m. on July 28, 2025 (Vietnam time), the world spot gold price was at 3,335.9 USD/ounce. Today's gold price decreased by 0.1 USD. Converted according to the USD exchange rate at Vietcombank (26,360 VND/USD), the world gold price is about 110.31 million VND/tael (excluding taxes and fees). Compared with the domestic SJC gold bar price on the same day (119.6-121.1 million VND/tael), the current SJC gold price is about 10.79 million higher than the international gold price.
International gold prices today, July 28, 2025, are holding steady, affected by opposing factors in the market. On the one hand, news of a preliminary trade agreement between the US and the European Union (EU) has boosted investor optimism, reducing safe-haven demand for gold and curbing price increases. However, on the other hand, investors are eagerly awaiting the US Federal Reserve's (Fed) policy meeting later this week. If the trade agreement helps ease inflation concerns, the Fed may consider cutting interest rates in the near future - a move that is usually beneficial for gold prices, as it reduces the opportunity cost of holding non-yielding assets like gold.
At 07:36 GMT this morning, spot gold was listed steady at $3,336.75 an ounce, despite hitting its lowest level since July 17 at one point during the day. US gold futures also remained unchanged at $3,336.30 an ounce.
Financial markets were buoyed by the US-EU trade deal reached in Scotland on Sunday, with the US imposing a 15% tariff on most EU goods, half the level previously threatened, averting a full-blown trade war. European stock indexes hit four-month highs, with auto and pharmaceuticals sectors leading the way.
In addition, trade talks between the US and China are scheduled to take place today in Stockholm, with expectations that the two major economies will continue to extend the trade truce for another 90 days.
UBS commodities analyst Giovanni Staunovo said that gold prices are being impacted by two main factors. "The US-EU trade deal has reduced demand for safe-haven assets such as gold. At the same time, it has made the Fed less concerned about inflation, allowing the central bank to cut interest rates later this year, which would normally support gold prices," he explained.
The US central bank is likely to keep its benchmark interest rate unchanged at 4.25% to 4.50% after its two-day meeting that ends on Wednesday. However, markets are still betting on a rate cut in September. This was reinforced by US President Donald Trump's positive meeting with Fed Chairman Jerome Powell on Friday, suggesting that Powell is considering a rate cut. It should be noted that gold tends to rise in a low-interest-rate environment.
In addition to gold, some other precious metals also fluctuated: Spot silver increased 0.3% to $38.23/ounce, platinum was stable at $1,402.48/ounce, and palladium increased 2% to $1,244.73/ounce.
Gold price forecast July 29, 2025
Currently, the price of gold is in a state of "hesitation", meaning it is not clear whether it will increase or decrease significantly. The reason is because there are two streams of information that are having opposite effects:
Good news on trade: The US and the European Union recently reached a trade deal, which has helped ease global economic tensions. When there is good news like this, investors feel more secure and have less need to seek gold as a "safe haven" during times of market turmoil. This usually prevents gold prices from rising sharply.
Expectations for the Fed’s move: However, the market is eagerly awaiting information from the US Federal Reserve (Fed) – the US central bank. Experts predict that the Fed may cut interest rates in September. When interest rates fall, holding gold (a non-yielding asset) becomes more attractive than saving money or investing in other channels. This is a factor that can help push gold prices up in the near future.
Overall, world gold prices are near their lowest level in the past two weeks. However, expectations of a Fed rate cut are still a potential "support" for gold prices.
According to a Kitco News survey, the majority of experts (50%) believe that gold prices will move sideways this week, meaning there will be no major fluctuations. A smaller number (36%) predict that prices will fall. The key levels that experts are watching are $3,321 and $3,300 per ounce.
Despite the market's headwinds, analysts still believe that gold has a good foundation to hold its price. They advise that if you are holding gold, continue to hold it. If you want to buy, this could be a good time to "collect" gold when prices have downward adjustments, especially in the context of the global economy still having many unpredictable things.
Domestic gold prices are often greatly influenced by world gold prices. Therefore, with the above developments, it is likely that SJC gold will have a slight increase in the morning trading session on July 29, 2025.
Source: https://baodanang.vn/du-bao-gia-vang-ngay-mai-29-7-2025-vang-dang-di-ngang-nhung-con-gio-lon-sap-den-tu-my-3298128.html
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