Gold price this afternoon 7/10/2025: Domestic and world gold prices increase again to high levels

Domestic gold price today 7/10/2025

As of 3:30 p.m. on July 10, 2025, the domestic gold bar price increased sharply again compared to yesterday. Specifically:

SJC gold price at Saigon Jewelry Company, Doji Group, PNJ system and Bao Tin Minh Chau increased by 200 thousand VND/tael for both buying and selling prices. Bringing today's gold bar price to 118.8-120.8 million VND/tael for both buying and selling.

Currently, the difference between buying and selling prices of SJC gold bars at large companies is commonly at 2 million VND/tael.

At Mi Hong, the selling price of SJC gold bars increased even more strongly when the buying price was adjusted up to 400,000 VND/tael, reaching 119.4 million VND, and the selling price increased by 200,000 VND to 120.4 million VND/tael.

SJC gold price at Phu Quy is traded by businesses at 118.1-120.8 million VND/tael (buy - sell), gold price increased 200 thousand VND/tael in both buying and selling directions compared to yesterday.

Gold price this afternoon 7/10/2025: Gold price increases again to high level

SJC gold bars	Area	Today's session 7/10		Session on July 9		Difference
		Buy	Sell	Buy	Sell	Buy	Sell
		Unit: Million VND/tael				Unit: Thousand VND/tael
PNJ	Ho Chi Minh City	118.8	120.8	118.6	120.6	+200	+200
Doji	Hanoi	118.8	120.8	118.6	120.6	+200	+200
Doji	Ho Chi Minh City	118.8	120.8	118.6	120.6	+200	+200
Phu Quy	Hanoi	118.1	120.8	117.9	120.6	+200	+200
SJC	Ho Chi Minh City	118.8	120.8	118.6	120.6	+200	+200
SJC	Hanoi	118.8	120.8	118.6	120.6	+200	+200
BTMC	Nationwide	118.8	120.8	118.6	120.6	+200	+200
Red Eyelashes	Ho Chi Minh City	119.4	120.4	119	120.2	+400	+200

Price of 9999 gold ring today 7/10/2025

Not only gold bars, plain gold rings also recorded a significant recovery in the trading session at noon on July 10.

Most brands such as SJC, Doji, Phu Quy and PNJ increased their prices by VND200,000/tael for both buying and selling. Specifically, the price of plain gold rings at SJC is VND114.2-116.7 million/tael (buy - sell), while at Doji, the price of Hung Thinh Vuong 9999 round gold rings is VND115.2 - 117.2 million/tael (buy - sell).

The price of Bao Tin Minh Chau plain gold rings increased sharply by 300 thousand VND/tael, bringing the price of gold rings to 115.3 - 118.3 million VND/tael in both buying and selling directions.

Plain round gold ring	Today's session 7/10		Session on July 9		Difference
	Buy	Sell	Buy	Sell	Buy	Sell
	Unit: Million VND/tael				Unit: Thousand VND/tael
PNJ	114.2	116.7	114	116.5	+200	+200
Doji	115.2	117.2	115	117	+200	+200
Phu Quy	114.2	117.2	114	117	+200	+200
SJC	114.3	117.2	114.1	117	+200	+200
BTMC	115.3	118.3	115.2	118.2	+100	+100

24K jewelry gold reverses positively

The price of 24K jewelry gold at large enterprises such as SJC, Phu Quy and Mi Hong all increased by 200 thousand VND/tael. Of which, SJC listed the price at 114.2 - 116.1 million VND/tael (buy - sell), Phu Quy had the price at 113.1 - 116.1 million VND (buy - sell), and Mi Hong was at 115.2 - 116.7 million VND/tael (buy - sell).

PNJ increased its price by 300,000 VND/tael in both buying and selling directions, bringing the price to 113.8 - 116.3 million VND/tael (buy - sell). In contrast, Bao Tin Minh Chau only increased slightly by 100,000 VND, with the price of 114.1 - 117.6 million VND/tael (buy - sell).

The price of 24K jewelry gold at Doji Group increased by 400 thousand VND to 108.1 million VND/tael, but decreased the selling price by 200 thousand VND to 116.2 million VND/tael.

24K Gold Jewelry	Area	Today's session 7/10		Session on July 9		Difference
		Buy	Sell	Buy	Sell	Buy	Sell
		Unit: Million VND/tael				Unit: Thousand VND/tael
SJC	Ho Chi Minh City	114.2	116.1	114	115.9	+200	+200
Doji	Hanoi	108.1	116.2	107.7	116.4	+400	-200
Doji	Ho Chi Minh City	108.1	116.2	107.7	116.4	+400	-200
Phu Quy	Hanoi	113.1	116.1	112.9	115.9	+200	+200
PNJ	Ho Chi Minh City	113.8	116.3	113.5	116	+300	+300
BTMC	Nationwide	114.1	117.6	114	117.5	+100	+100
Red Eyelashes	Ho Chi Minh City	115.2	116.7	115	116.5	+200	+200

18K gold jewelry follows general recovery trend

Although the increase in 18K jewelry gold is not as high as other types of gold, this recovery still brings positive signals.

SJC increased its price by 150 thousand VND/tael for both directions, bringing the price to 80.33 - 87.23 million VND/tael. PNJ increased by 230 thousand VND/tael, raising the price to 79.88 - 87.38 million VND/tael.

The price of 18K Mi Hong jewelry gold remains the same as the previous session, currently listed at 77.4 - 79.9 million VND/tael.

18K Gold Jewelry	Area	Today's session 7/10		Session on July 9		Difference
		Buy	Sell	Buy	Sell	Buy	Sell
		Unit: Million VND/tael				Unit: Thousand VND/tael
SJC	Ho Chi Minh City	80.33	87.23	80.18	87.08	+150	+150
PNJ	Ho Chi Minh City	79.88	87.38	79.65	87.15	+230	+230
Red Eyelashes	Ho Chi Minh City	77.40	79.90	77.40	79.90	-	-

World gold price today 7/10/2025 and world gold price fluctuation chart in the past 24 hours

According to Kitco, the world gold price recorded at 3:30 p.m. on July 10, Vietnam time, was 3,321.24 USD/ounce. Today's gold price increased by 32.37 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,290 VND/USD), the world gold price is about 108.69 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 12.11 million VND/tael higher than the international gold price.

With gold up about 26% year-to-date, many investors are wondering if the market has reached its limit. However, Mr. Hansen asserts that the answer is no, as the supporting factors remain strong.

The bullish fundamentals for gold remain intact, according to Ole Hansen, head of commodity strategy at Saxo Bank. He said new drivers could drive prices higher in the second half of the year, despite concerns that the market has peaked.

Hansen said the market is entering a consolidation phase after a strong first half of the year. Gold has been flat for the past 12 weeks, giving silver and platinum the opportunity to catch up with gold.

One of the most important factors that Hansen mentioned is that the prospect of lower US interest rates could reignite investment demand for gold. This is especially important for ETFs, as the opportunity cost of holding non-yielding assets like gold will fall compared to short-term bonds.

To put it simply, when bank interest rates are low, saving money becomes less attractive, so people will turn to gold investment as a channel to preserve and grow assets. This is the reason why lower interest rates often go hand in hand with rising gold prices.

Gold prices could continue to rise as the United States faces a large budget deficit and fiscal uncertainty, prompting global investors to seek safe havens from riskier assets, the World Gold Council said.

Specifically, the additional $3.4 trillion in public debt over the next 10 years and the risk of raising the debt ceiling to $5 trillion could increase pressure on financial markets. This could weaken the USD and support gold more strongly, because when the USD is weak, gold prices often become more attractive to international investors.

Experts say fiscal pressures will continue to cause volatility in bond markets, reinforcing gold’s role as a safe haven. It is worth noting that despite high real interest rates, gold prices have risen thanks to hedging demand and buying by central banks around the world.

Another important factor is that investors are increasingly cautious and less receptive to new bond issuance from the US government, which has widened the yield spread and made gold a more attractive investment option compared to other assets.

When governments issue too many bonds to finance budget deficits, the market can become saturated and investors will demand higher interest rates to compensate for the risk. This puts pressure on the financial system and makes gold a safer choice.

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