Domestic gold ring price Today some brands adjusted up.
| Buy (VND/tael) | Increase/decrease | Sell (VND/tael) | Increase/decrease | |
| SJC | 114,200,000 | 0 | 116,700,000 | 0 |
| Doji | 115,500,000 | + 300,000 | 117,500,000 | + 300,000 |
SJC and Doji gold ring price list updated on the morning of July 11
Morning of July 11, SJC 9999 gold price unchanged from yesterday's closing price, traded at 118.8-120.8 million VND/tael (buy - sell).
| Buy (VND/tael) | Increase/decrease | Sell (VND/tael) | Increase/decrease | |
| SJC HCMC | 118,800,000 | 0 | 120,800,000 | 0 |
| Doji Hanoi | 118,800,000 | 0 | 120,800,000 | 0 |
| Doji HCMC | 118,800,000 | 0 | 120,800,000 | 0 |
SJC and Doji gold bar price list updated on the morning of July 11
World gold price today slightly increased. At 8:43 am today (July 11, Vietnam time), the world spot gold price was at 3,329 USD/ounce, up 4 USD/ounce compared to last night.
On the morning of July 11, the world gold price converted to USD bank price was over 106.5 million VND/tael, including tax and fees, about 14.3 million VND/tael lower than the domestic gold price.
At 8:00 p.m. on July 10 (Vietnam time), gold price Spot gold was traded at $3,325/ounce, up 0.41% from the beginning of the session. Meanwhile, the price of gold futures for August 2025 delivery on the Comex floor (New York) stood at $3,336/ounce.
Gold prices rose after the U.S. Labor Department released better-than-expected labor market data. Specifically, the number of initial jobless claims in the states, seasonally adjusted, reached 227,000 in the week ending July 5 - significantly lower than economists' forecast of 235,000. The previous week's data was also revised down to 232,000.
Continuing jobless claims totaled 1.965 million for the week ended June 28. While that was up from the previous week’s revised 1.955 million, it was still below analysts’ forecasts of 1.98 million.
Rising risk aversion in global financial markets continues to support safe-haven assets such as gold. President Donald Trump on Wednesday announced a series of trade tariffs, including a plan to impose a 50% tariff on all copper imports starting August 1.
He also said the US could impose similar tariffs on Brazil.
The European Union (EU) said it was working to reach a deal with the US before the end of the month, while President Donald Trump said he would continue to announce new tariffs on several unnamed countries.
The market reaction suggests investors are reassessing the global economic outlook and monetary policy. Gold is often seen as a safe haven amid heightened economic and geopolitical uncertainty.
The US Dollar Index (DXY), which measures the strength of the USD against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), currently stands at 97.62 points.
Nymex crude oil futures edged down slightly, trading around $68 a barrel. The yield on 10-year US government bonds is currently at 4.34%.
In the domestic market on July 10, SJC gold bar price was traded at 118.8-120.8 million VND/tael (buy-sell), an increase of 200,000 VND/tael compared to the previous session.
The price of 1-5 chi SJC gold rings is listed at 114.2-116.7 million VND/tael (buy - sell), an increase of 200,000 VND/tael. The price of 9999 gold rings at Doji is recorded at 115.2-117.2 million VND/tael, an equivalent increase compared to the previous session.
Gold Price Forecast
Mr. Nicholas Frappell, Director of Global Institutional Markets at ABC Refinery, commented that gold prices have recovered thanks to the weakening of the USD and escalating trade tensions.
Investors are looking for safe havens amid concerns about persistent inflation, geopolitical tensions, or potential instability in the global financial system. Gold’s resilience, even in the face of positive economic indicators, underscores its status as a risk-diversifier and store of value in the market.
Ole Hansen, Head of Commodity Strategy at Saxo Bank, said that many factors are driving gold prices higher, predicting that these dynamics could continue to support the precious metal's price in the second half of 2025.
According to him, the positive outlook for gold comes not only from short-term data but also from sustainable macro factors.
Experts at the World Gold Council (WGC) also said that gold prices will continue to benefit from the growing budget deficit in the US and the unstable financial situation, even if there is no specific crisis in the short term.
Source: https://baoquangninh.vn/gia-vang-hom-nay-11-7-2025-vang-nhan-tang-manh-sjc-neo-tren-dinh-cao-3366361.html
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