Gold price today (July 10): Domestic gold bar price has dropped below 121 million VND/tael. World gold price has increased slightly compared to yesterday morning, listed around 3,315 USD/ounce.
Domestic gold price today
The brands DOJI , SJC, PNJ, and Bao Tin Minh Chau simultaneously reduced the price of gold bars by 400,000 VND/tael, listing the price at 118.6 - 120.6 million VND/tael (buy - sell).
Phu Quy SJC's buying price is 700,000 VND/tael lower than other gold brands, listed at 117.9 million VND/tael for buying and 120.6 million VND/tael for selling (down 400,000 VND/tael).
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Gold price today (July 10): Gold bars and gold rings both decreased in price. Illustration photo: nhandan.vn |
Domestic gold bar prices updated at 5:00 a.m. July 10 as follows:
Yellow | Area | Early morning 9-7 | Early morning 10-7 | Difference | |||
Buy | Sell | Buy | Sell | Buy | Sell | ||
Unit of measure: Million VND/tael | Unit of measure: Thousand dong/tael | ||||||
DOJI | 119 | 121 | 118.6 | 120.6 | -400 | -400 | |
Ho Chi Minh City | 119 | 121 | 118.6 | 120.6 | -400 | -400 | |
SJC | Ho Chi Minh City | 119 | 121 | 118.6 | 120.6 | -400 | -400 |
Hanoi | 119 | 121 | 118.6 | 120.6 | -400 | -400 | |
Danang | 119 | 121 | 118.6 | 120.6 | -400 | -400 | |
PNJ | Ho Chi Minh City | 119 | 121 | 118.6 | 120.6 | -400 | -400 |
Hanoi | 119 | 121 | 118.6 | 120.6 | -400 | -400 | |
Bao Tin Minh Chau | Nationwide | 119 | 121 | 118.6 | 120.6 | -400 | -400 |
Phu Quy SJC | Nationwide | 118.3 | 121 | 117.9 | 120.6 | -400 | -400 |
Similar to gold bars, the price of gold rings today also turned down, listed at the highest price of 118 million VND/tael for sale.
Specifically, SJC listed the price of gold rings at 114 - 116.5 million VND/tael (buy - sell), down 400,000 VND/tael in both directions.
DOJI traded gold rings at 115 - 117 million VND/tael, down 500,000 VND/tael in both directions.
PNJ traded gold rings at 114.1 - 117 million VND/tael, down 600,000 VND/tael for buying and down 300,000 VND/tael for selling.
Phu Quy listed the price of gold rings at 114 - 117 million VND/tael, down 300,000 VND/tael in both directions.
Bao Tin Minh Chau also reduced the price of gold rings by 700,000 VND/tael each way, listed at 115 - 118 million VND/tael (buy - sell).
World gold price today
In the world gold market, today's spot gold price increased slightly compared to yesterday morning, listed around 3,315 USD/ounce (equivalent to 105.5 million VND/tael converted according to Vietcombank exchange rate, excluding taxes and fees).
The world gold price generally increased by 0.04% in the past 24 hours, equivalent to an increase of 1.42 USD/ounce. However, gold has decreased in price by 0.25% if calculated within the past 30 days.
Currently, world gold is about 15.1 million VND/tael lower than domestic gold price.
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| Illustration photo: VNA |
Gold prices fluctuated within a narrow range as investors' concerns eased after US President Donald Trump sent letters to many countries, announcing the tariffs that would be imposed and the deadline would be postponed until August 1, creating more time for negotiations.
In addition, the yield on 10-year US government bonds hit its highest level in more than two weeks and the 0.1% increase in the US dollar made gold - a non-yielding asset - less attractive and the price range did not increase dramatically.
The gold market is stabilizing its position above the $3,300/ounce mark, thanks to the support from the US Federal Reserve's (FED) cautious stance in monetary policy. However, according to experts, in the short term, gold prices may have periods of sideways or decline, but in the long term, experts believe in the potential for price increases of this precious metal.
Ole Hansen, head of commodity strategy at Saxo Bank, said the core factors that have driven the precious metal to high prices over the past few years have not disappeared, and that new drivers for gold prices could emerge in the second half of 2025.
MR. PHUONG
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Source: https://baolamdong.vn/gia-vang-hom-nay-10-7-vang-mieng-vang-nhan-dong-loat-giam-381768.html
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