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Gold price forecast for tomorrow, July 31, 2025: Holding breath waiting for Fed signal, will SJC "take off"?

Gold price forecast for tomorrow, July 31, 2025 is expected to fluctuate positively, SJC maintains its attraction when world gold is stable at over 3,000 USD/ounce, waiting for signal from Fed.

Báo Đà NẵngBáo Đà Nẵng30/07/2025

Update gold price today July 30, 2025 latest in domestic market

Gold price today July 30, 2025: SJC and DOJI gold bars simultaneously break out

The latest update on gold prices today, July 30, 2025, shows that the domestic gold market is witnessing a strong breakthrough, with major brands simultaneously increasing prices, especially in the gold bar segment.

As of 6:00 p.m. on July 30, 2025, today's gold prices in major cities such as Hanoi , Ho Chi Minh City and Da Nang of SJC and DOJI all recorded a clear upward trend compared to the previous trading session. Specifically, the price of SJC gold bars in Hanoi was listed at VND 120.0 million/tael (buy) and VND 121.5 million/tael (sell), an increase of VND 300,000/tael in both buying and selling directions.

Similarly, DOJI Group also reflected this increase, bringing the gold price to VND120.0 million/tael (buy) and VND121.5 million/tael (sell) in the regions, an increase of VND300,000/tael for both directions. This development shows that optimism has returned to the market after a period of stagnation.

Gold prices of other major brands also benefit from the increase

In the gold bar market, other brands are also not out of the price increase trend. At Mi Hong, the price of gold bars was recorded at 120.5 million VND/tael (buy) and 121.5 million VND/tael (sell), with the buy price increasing by 500,000 VND/tael and the sell price increasing by 300,000 VND/tael.

Notably, PNJ also witnessed a strong increase, bringing the price of gold bars to 115.4 million VND/tael (buy), an increase of 400,000 VND/tael and 118.4 million VND/tael (sell), an increase of 500,000 VND/tael. Vietinbank Gold recorded a selling price of 121.5 million VND/tael, an increase of 300,000 VND/tael.

Bao Tin Minh Chau also adjusted the price to VND120.0 million/tael (buy) and VND121.5 million/tael (sell), an increase of VND300,000/tael in both directions. Meanwhile, Phu Quy listed the price of SJC gold bars at VND119.5 million/tael (buy) and VND121.5 million/tael (sell), with both directions increasing by VND300,000/tael.

The price of 9999 gold today is about 118.6 million VND/tael

As of 6:00 p.m. today, the price of 9999 Hung Thinh Vuong round gold rings at DOJI is listed at 116.1-118.6 million VND/tael (buy - sell); an increase of 200,000 VND/tael in both buying and selling directions compared to yesterday. The difference between buying and selling prices is at 2.5 million VND/tael.

Plain gold ring price today July 30, 2025 is stable at Bao Tin Minh Chau

Bao Tin Minh Chau listed the price of gold rings at 116.3-119.3 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 115.2-118.2 million VND/tael (buy - sell), an increase of 200 thousand VND/tael in both directions. The difference between buying and selling is 3 million VND/tael.

Gold price list today July 30, 2025 in Vietnam in detail

Gold price today
BuySell
SJC in Hanoi 120.0 ▲300K 121.5 ▲300K
DOJI Group 120.0 ▲300K 121.5 ▲300K
Red Eyelashes 120.5 ▲500K 121.5 ▲300K
PNJ 115.4 ▲400K 118.4 ▲500K
Vietinbank Gold
121.5 ▲300K
Bao Tin Minh Chau 120.0 ▲300K 121.5 ▲300K
Phu Quy 119.5 ▲300K 121.5 ▲300K
1. DOJI - Updated: July 30, 2025 18:00 - Source website time - ▼/▲ Compared to yesterday.
Type Buy Sell
AVPL/SJC HN 120,300
▲300K
121,500
▲300K
AVPL/SJC HCM 120,300
▲300K
121,500
▲300K
AVPL/SJC DN 120,300
▲300K
121,500
▲300K
Raw material 9999 - HN 108,600
▲200K
109,600
▲200K
Raw material 999 - HN 108,500
▲200K
109,500
▲200K
2. PNJ - Updated: July 30, 2025 18:00 - Time of the source website - ▼/▲ Compared to yesterday.
Type Buy Sell
HCMC - PNJ 115,400
▲400K
118,400
▲500K
Hanoi - PNJ 115,400
▲400K
118,400
▲500K
Da Nang - PNJ 115,400
▲400K
118,400
▲500K
Western Region - PNJ 115,400
▲400K
118,400
▲500K
Central Highlands - PNJ 115,400
▲400K
118,400
▲500K
Southeast - PNJ 115,400
▲400K
118,400
▲500K
3. AJC - Updated: 07/30/2025 18:00 - Source website time - ▼/▲ Compared to yesterday.
Type Buy Sell
Jewelry 99.99 11,310 ▲20K 11,760 ▲20K
99.9 Jewelry 11,300 ▲20K 11,750 ▲20K
NL 99.99 10,820 ▲20K
Round ring not sealed in blister T.Binh 10,820 ▲20K
Round, 3A, Yellow T.Bình 11,520 ▲20K 11,820 ▲20K
Round, 3A, Yellow N.An 11,520 ▲20K 11,820 ▲20K
Round N., 3A, Yellow Street, Hanoi 11,520 ▲20K 11,820 ▲20K
SJC Thai Binh pieces 11,990 ▲20K 12,140 ▲20K
SJC Nghe An pieces 11,990 ▲20K 12,140 ▲20K
SJC Hanoi Piece 11,990 ▲20K 12,140 ▲20K
4. SJC - Updated: 7/30/2025 18:00 - Source website time - ▼/▲ Compared to yesterday.
SJC Gold 1L, 10L, 1KG 120,300
▲300K
121,500
▲300K
SJC gold 5 chi 120,300
▲300K
121,520
▲300K
SJC gold 0.5 chi, 1 chi, 2 chi 120,300
▲300K
121,530
▲300K
SJC 99.99% gold ring 1 chi, 2 chi, 5 chi 114,700
▲300K
117,200
▲300K
SJC 99.99% gold ring 0.5 chi, 0.3 chi 114,700
▲300K
117,300
▲300K
Jewelry 99.99% 114,700
▲300K
116,600
▲300K
Jewelry 99% 110,945
▲297K
115,445
▲297K
Jewelry 68% 72,545
▲204K
79,445
▲204K
Jewelry 41.7% 41,877
▲125K
48,777
▲125K

Update gold price today July 30, 2025 latest on the world market

World gold price, at 6:00 p.m. on July 30, 2025 (Vietnam time), the world spot gold price was at 3,327.2 USD/ounce. Today's gold price increased by 0.2 USD. Converted according to the USD exchange rate at Vietcombank (26,400 VND/USD), the world gold price is about 110.01 million VND/tael (excluding taxes and fees). Compared with the domestic SJC gold bar price on the same day (120.3-121.5 million VND/tael), the SJC gold price is currently about 11.4 million higher than the international gold price.

Gold prices today, July 30, 2025, on the world market increased slightly, reaching 3,331.03 USD/ounce, thanks to the slight decrease in the US dollar. The weakening of the dollar makes gold cheaper for those using other currencies, thereby supporting the increase in gold prices. Although only increasing by 0.2%, this price shows that gold still retains its attractiveness in the context of the market waiting for important information from the US Federal Reserve (Fed).

Investors are now closely watching the Fed's policy meeting, hoping that comments from Fed Chairman Jerome Powell will provide clues as to whether the Fed might change interest rates in the future. Interest rates are a key factor influencing gold prices. When interest rates are low, gold tends to be a more attractive option because it is not affected by interest payments like other assets, such as bonds.

In addition, the gold market today is also affected by other factors. Trade negotiations between the US and China, along with recent trade agreements with Japan and the European Union, have eased investor concerns. As market sentiment becomes more optimistic, some people may turn to riskier assets such as stocks, preventing gold prices from rising sharply. However, gold is still considered a safe haven, especially when the global economy is still facing many uncertainties.

While the Fed is expected to keep interest rates unchanged at today's meeting, investors are still waiting to see if there are any signs that the Fed will cut rates in the near future. Some say the market is expecting the Fed to cut rates twice before the end of 2025, but that may not be certain. If interest rates are cut, gold prices today, July 30, 2025, and in the coming days may benefit and rise further.

Gold price forecast July 31, 2025

The gold price on July 31, 2025 is expected to have remarkable developments, especially when the world gold market shows positive signs. Currently, the world gold price is holding steady at a high level, specifically 3,327.2 USD/ounce. Although it only increased slightly by 0.2 USD at the end of July 30, the fact that the world gold price maintained the threshold above 3,000 USD/ounce is a very important signal. This shows that gold is still a reliable asset, even when other markets such as stocks are increasing strongly.

When converted into Vietnamese currency at Vietcombank exchange rate (26,400 VND/USD), the world gold price is currently around 110.01 million VND/tael (excluding taxes and fees). Interestingly, the domestic SJC gold bar price is currently significantly higher than the international gold price, with a difference of about 11.4 million VND/tael. This difference shows that the demand and confidence in domestic SJC gold is still very high.

An international gold expert shared that the correction in gold prices is not a cause for concern, but on the contrary, it is a good opportunity to buy. Although many economic factors do not seem to support gold (such as the stock market at its peak, the strong USD), gold is still resilient. This shows that gold has special internal strength, helping it not to fall too much.

In the near future, gold prices will likely continue to “move sideways” – meaning they will not increase or decrease too much. However, investors are eagerly awaiting the upcoming US Federal Reserve (Fed) conference. At this time, information about when the Fed will start cutting interest rates may “wake up” gold prices and attract attention again.

In the context of the global economy still having many uncertainties, with inflation tending to increase and the public debt of major countries increasing, gold is considered an extremely effective tool to protect assets. When inflation increases, the value of currency can decrease, and gold becomes a safe investment channel, helping assets not to be "worn out".

With the above analysis, domestic gold prices often fluctuate according to the world market trend. Therefore, it is very likely that SJC gold will continue to maintain its upward momentum or at least maintain a high price in the morning trading session on July 31.

Source: https://baodanang.vn/du-bao-gia-vang-ngay-mai-31-7-2025-nin-tho-cho-tin-hieu-fed-sjc-co-cat-canh-3298275.html


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