Gold prices today, July 14th: Remaining at a high level.

Mi Hong Company increased the selling price of SJC gold bars by 300,000 VND per tael, to 121.3 million VND, while the selling price remained unchanged at 119.8 million VND. Saigon Jewelry Company - SJC did not change the price of gold bars, buying at 119.5 million VND and selling at 121.5 million VND… The current price of gold bars is about 3 million VND/tael lower than the record high.

Gold ring prices also remained high. SJC Company bought at 115 million VND and sold at 117.6 million VND. Phu Quy Company bought at 115.3 million VND and sold at 118.3 million VND. Doji Group bought at 116 million VND and sold at 119 million VND…

SJC gold bar prices remain high. PHOTO: NGOC THACH

World gold prices rose $8 to $3,365.5 per ounce, at one point reaching $3,374. The precious metal is currently at its highest level in three weeks. Financial markets have experienced significant volatility following the announcement of new tariffs by US President Donald Trump on goods imported into the US, with traditional safe-haven assets and cryptocurrencies both benefiting from increased risk aversion among investors. Increased trade tensions, combined with ongoing geopolitical concerns, have triggered a shift towards quality assets, causing precious metal prices and the US dollar to rise while stock prices fall.

The market's defensive sentiment emerged following President Trump's announcement of a 35% tariff on Canadian imports, scheduled to take effect on August 1st, along with plans to impose higher tariffs of 15% to 20% on most other trading partners. These measures have reignited concerns about global trade disruption and their potential economic consequences, prompting investors to seek safe havens in traditional store-of-value assets.

Besides trade concerns, ongoing tensions in the Middle East are also contributing to risk aversion. The conflict between Israel and Hamas shows no signs of abating, with military activity continuing around the Gaza Strip. Despite active diplomatic efforts by the US to broker a ceasefire, progress remains slow, escalating regional tensions and adding another layer of uncertainty to global markets.

According to Thanh Nien Newspaper

Source: https://thanhnien.vn/gia-vang-hom-nay-1472025-dung-o-muc-cao-185250714084433584.htm

Source: https://baolongan.vn/gia-vang-hom-nay-14-7-dung-o-muc-cao-a198700.html