Domestic gold ring prices today are adjusted by brands to increase following the trend of world gold prices.
| Buy (VND/tael) | Increase/decrease | Sell (VND/tael) | Increase/decrease | |
| SJC | 114,200,000 | + 200,000 | 116,700,000 | + 200,000 |
| Doji | 115,200,000 | + 200,000 | 117,200,000 | + 200,000 |
SJC and Doji gold ring price list updated afternoon of July 10
On the morning of July 10, the price of SJC 9999 gold was adjusted up by 200,000 VND/tael in both buying and selling compared to the end of yesterday's trading session, to 118.8-120.8 million VND/tael (buying - selling).
| Buy (VND/tael) | Increase/decrease | Sell (VND/tael) | Increase/decrease | |
| SJC HCMC | 118,800,000 | + 200,000 | 120,800,000 | + 200,000 |
| Doji Hanoi | 118,800,000 | + 200,000 | 120,800,000 | + 200,000 |
| Doji HCMC | 118,800,000 | + 200,000 | 120,800,000 | + 200,000 |
SJC and Doji gold bar price list updated on the afternoon of July 10
The world gold price today was adjusted upward. At 13:53 today (July 10, Vietnam time), the world spot gold price was at 3,323 USD/ounce, up 26 USD/ounce compared to last night.
On the afternoon of July 10 , the world gold price converted to USD bank price was nearly 106.4 million VND/tael, including tax and fees, about 14.4 million VND/tael lower than the domestic gold price.
As of 8:15 p.m. on July 9 (Vietnam time), the spot gold price today on the international market was at $3,297/ounce. Gold for August 2025 delivery on the Comex New York floor was at $3,311/ounce.
The world gold price on the night of July 9 was about 25.6% higher (equivalent to 672 USD/ounce) than at the end of 2024. World gold converted to the bank USD price was VND 105.6 million/tael, including taxes and fees, VND 15 million/tael lower than the domestic gold price as of the end of the afternoon session on July 9.
The price of gold on the international market has dropped sharply, at times reaching 3,280 USD/ounce. However, the price below 3,300 USD/ounce is also the level that "sharks" often buy at the bottom. Over the past years, central banks of many countries have increased their gold purchases despite the rising gold price.
Recently, central bank demand has slowed down, but big players in the gold market are still willing to spend money to buy precious metals when prices have deep drops.
In the past two months, the spot gold price has dropped below $3,300/ounce about 10 times, but then increased above this threshold. Only once did gold exceed $3,400/ounce, the rest of the time it fluctuated between $3,300-3,350/ounce.
However, gold prices could not recover strongly and showed few signs of a breakout.
Gold was also under pressure to fall as oil, a commodity closely related to gold, saw a sharp decline. WTI oil fell 0.6% to $67.9/barrel.
Investors in the international market are optimistic about the possibility of the US reaching new trade agreements.
Money is also pouring into many high-risk assets, including US stocks. The US Nasdaq Composite technology index increased by 0.6% at the beginning of the trading session on July 9 on the New York market, reaching a new all-time high of 20,534 points.
Domestic gold prices fell slightly amid the global gold price plunge. Specifically, by the end of the trading session on July 9, the price of 9999 gold bars at SJC and Doji was listed at VND118.6-120.6 million/tael (buy - sell), down VND400,000 in both buying and selling directions compared to the previous session.
By the end of the afternoon of July 9, SJC announced the price of gold rings of type 1-5 at only 114-116.5 million VND/tael (buy - sell), down 400,000 VND. Doji announced the price of gold rings of type 1-5 at only 115-117 million VND/tael (buy - sell), down 500,000 VND.
Gold Price Forecast
Gold is under pressure to decrease in the context of the USD recovering, the world's largest gold ETF SPDR Gold Trust reducing its gold holdings and the US economy showing more positive signals.
Total U.S. mortgage applications rose 9.4% in the week ending July 4, up from a 2.7% increase the previous week. This represents a significant increase in both home purchase and refinancing demand. The data also points to rising consumer confidence and demand, as well as signs of a recovery in the housing market.
Investors also bet on many stock markets as the EU and several countries move closer to a trade deal with the US.
However, on the other hand, the commodity financial market may be shaken and the USD may reverse as US President Donald Trump is expected to announce a series of additional tax letters to a number of other countries.
Investors are also waiting for the minutes of the US Federal Reserve's monetary policy meeting and speeches by Fed officials this week to predict the upcoming monetary policy. If the Fed lowers interest rates earlier than expected, the USD may fall, thereby pushing up gold prices.
Source: https://vietnamnet.vn/gia-vang-hom-nay-10-7-2025-vang-the-gioi-giam-sau-sjc-ra-sao-2419925.html
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