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Gold price closing date July 24, 2025: Domestic and world gold prices decreased sharply following the general trend

Gold price closing date July 24, 2025: Domestic gold price decreased sharply following the trend of world gold price due to positive news about global trade

Báo Nghệ AnBáo Nghệ An24/07/2025

Domestic gold price today 7/24/2025

Update gold price information as of 7:30 p.m. on July 24, 2025, domestic gold bar prices have dropped sharply following the trend of world gold prices. Specifically:

DOJI Group listed the price of SJC gold bars at 119.7-121.7 million VND/tael (buy - sell), a decrease of 1 million VND/tael in both buying and selling directions compared to yesterday.

At the same time, the price of SJC gold bars was listed by Saigon Jewelry Company Limited - SJC at 119.7-121.7 million VND/tael (buy - sell), a decrease of 1 million VND/tael in both buying and selling directions compared to yesterday.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 121-121.7 million VND/tael for buying and selling. Compared to yesterday, the gold price decreased by 500 thousand VND/tael for buying and 1 million VND/tael for selling.

SJC gold price at Bao Tin Minh Chau Company Limited is traded by businesses at 119.7-121.7 million VND/tael (buy - sell), the price decreased by 1 million VND/tael in both buying and selling directions compared to yesterday.

SJC gold price at Phu Quy is traded by businesses at 119.2-121.7 million VND/tael (buy - sell), gold price decreased 1 million VND/tael in both buying and selling directions compared to yesterday.

Gold price this afternoon 7/24/2025: Gold price dropped sharply following the trend
illustration

As of 7:30 p.m. on July 24, 2025, the price of 9999 Hung Thinh Vuong round gold rings at DOJI was listed at 116.5-119 million VND/tael (buy - sell); the price decreased by 500 thousand VND/tael in both buying and selling directions compared to yesterday.

Bao Tin Minh Chau listed the price of gold rings at 116.7-119.7 million VND/tael (buy - sell); the gold price decreased by 500 thousand VND/tael in both buying and selling directions compared to yesterday.

The latest gold price list today, July 24, 2025 is as follows:

Gold price today
July 24, 2025
(million dong)
Difference
(thousand dong/tael)
Buy
Sell
Buy
Sell
SJC in Hanoi
119.7 121.7
-1000 -1000
DOJI Group
119.7 121.7
-1000
-1000
Red Eyelashes
121 121.7
-500 -1000
PNJ
119.7
121.7
-1000 -1000
Bao Tin Minh Chau
119.7
121.7
-1000 -1000
Phu Quy 119.2 121.7
-1000 -1000
1. DOJI - Updated: 7/24/2025 7:30 PM - Source website time - ▼/▲ Compared to yesterday.
Domestic gold price Buy Sell
AVPL/SJC HN 119,700 ▼1000K 121,700 ▼1000K
AVPL/SJC HCM 119,700 ▼1000K 121,700 ▼1000K
AVPL/SJC DN 119,700 ▼1000K 121,700 ▼1000K
Raw material 9999 - HN 109,000 ▼500K 110,000 ▼500K
Raw material 999 - HN 108,900 ▼500K 109,900 ▼500K
2. PNJ - Updated: July 24, 2025 19:30 - Time of the source website - ▼/▲ Compared to yesterday.
Type Buy Sell
SJC 999.9 gold bar 11,970 12,170
PNJ 999.9 Plain Ring 11,600 11,880
Kim Bao Gold 999.9 11,600 11,880
Gold Phuc Loc Tai 999.9 11,600 11,880
PNJ Gold - Phoenix 11,600 11,880
999.9 gold jewelry 11,510 11,760
999 gold jewelry 11,498 11,748
9920 jewelry gold 11,426 11,676
99 gold jewelry 11,402 11,652
916 Gold (22K) 10,532 10,782
750 Gold (18K) 8,085 8,835
680 Gold (16.3K) 7,262 8,012
650 Gold (15.6K) 6,909 7,659
610 Gold (14.6K) 6,439 7,189
585 Gold (14K) 6,145 6,895
416 Gold (10K) 4,157 4,907
375 Gold (9K) 3,675 4,425
333 Gold (8K) 3,146 3,896
3. SJC - Updated: 7/24/2025 7:30 PM - Source website time - ▼/▼ Compared to yesterday.
SJC Gold 1L, 10L, 1KG 119,700 ▼1000K 121,700 ▼1000K
SJC gold 5 chi 119,700 ▼1000K 121,720 ▼1000K
SJC gold 0.5 chi, 1 chi, 2 chi 119,700 ▼1000K 121,730 ▼1000K
SJC 99.99% gold ring 1 chi, 2 chi, 5 chi 115,000 ▼500K 117,500 ▼500K
SJC 99.99% gold ring 0.5 chi, 0.3 chi 115,000 ▼500K 117,600 ▼500K
Jewelry 99.99% 115,000 ▼500K 116,900 ▼500K
Jewelry 99% 111,242 ▼495K 115,742 ▼495K
Jewelry 68% 72,750 ▼340K 79,650 ▼340K
Jewelry 41.7% 42,002 ▼208K 49,902 ▼208K

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

According to Kitco, the world gold price recorded at 7:30 p.m. on July 24, Vietnam time, was 3,372.57 USD/ounce. Today's gold price decreased by 51.71 USD/ounce compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,320 VND/USD), the world gold price is about 110.49 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is 11.21 million VND/tael higher than the international gold price.

image(1).png

The world gold price has fallen sharply, mainly due to signs of cooling down trade tensions between major economies, making investors more confident and reducing demand for safe assets such as gold.

Specifically, spot gold prices fell 1.51% to $3,372.57 per ounce. Meanwhile, gold futures in the US also fell 0.7% to $3,372.70.

Recent moves in global trade negotiations have helped improve market sentiment. Following the US-Japan deal, two European diplomats said the European Union (EU) and the US are also moving closer to a deal that could include a 15% tariff on EU goods with some exemptions.

"Gold prices fell this morning due to positive news on global trade. This reduces the risk of an economic recession and strengthens the risk-on sentiment in financial markets," said Carsten Menke, an analyst at Julius Baer.

According to experts, although demand for gold from investors seeking safe havens has decreased, buying activity from central banks has remained stable, although not as strong as at the beginning of the year. Mr. Menke said that in the long term, gold prices still have the potential to increase again due to the low interest rate environment and underlying economic instability factors.

In other developments, US President Donald Trump is expected to visit the Federal Reserve (Fed), a move that could increase tensions between the administration and the central bank.

The Fed is expected to keep interest rates unchanged at its July 29-30 policy meeting, but many investors expect the bank to continue cutting interest rates in September. Meanwhile, the European Central Bank (ECB) is also expected to keep interest rates steady at its fifth meeting.

Besides gold prices, silver prices also decreased by 0.6% to 39.03 USD/ounce, platinum lost 0.4% to 1,406.28 USD, while palladium decreased by 0.9% to 1,266.27 USD.

Gold Price Forecast

Gold prices have just dropped again, which is quite common recently. The reason is that many investors choose to sell to take profits after gold prices have risen to a high level. This is considered a natural law of the market.

Many financial institutions predict that gold is still in a long-term upward trend. The reason is that countries are reducing their dependence on the USD and increasing their gold reserves. Meanwhile, the USD is predicted to continue to depreciate in the long term.

If the Fed really loosens monetary policy, gold prices could surpass $3,400/ounce and set a new record, even surpassing $3,500.

US Treasury Secretary Scott Bessent expressed optimism about trade talks with China, saying the two sides could extend the deadline for imposing tariffs before August 12. The meeting in Stockholm on July 28-29 will not only discuss tariffs but also issues such as China’s overcapacity and oil purchases from Russia and Iran. These developments are the result of previous tense negotiations.

Trade agreements have made investors more confident, with more money flowing into stocks, especially US stocks. When the stock market is rising strongly, gold is often under pressure to decrease in price as investors switch to higher-yielding channels.

Gold typically rises in times of uncertainty or low interest rates. But now, risk appetite is taking over, sending prices sharply lower.

This week, markets will be focused on the European Central Bank's (ECB) interest rate decision, along with a host of key manufacturing and housing data. On Thursday, the ECB will announce its monetary policy decision, along with preliminary PMI figures from S&P, weekly US jobless claims and new home sales.

At the end of the week, the market will receive the US durable goods orders report for June, scheduled to be released on Friday morning. This information will continue to affect the trend of gold prices in the coming time./.

Source: https://baonghean.vn/gia-vang-chot-ngay-24-7-2025-gia-vang-trong-nuoc-va-the-gioi-giam-rat-manh-theo-xu-huong-chung-10303081.html


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