Gold price today (July 14): Anchored at high threshold

Gold price today (July 14): Gold bars today are anchored at a high level of 121.5 million VND/tael. The world gold market shows no signs of cooling down as it continues to record price increases today.

Domestic gold price today

Gold bar prices today are anchored at a high level. DOJI , SJC, PNJ, and Bao Tin Minh Chau brands all listed gold bar prices at 119.5 - 121.5 million VND/tael (buy - sell), unchanged from yesterday's trading session.

Phu Quy SJC bought 700 thousand VND/tael lower at 118.8 million VND/tael and sold 121.5 million VND/tael, stable in both directions.

Gold bars today (July 14) are anchored at 121.5 million VND/tael. Photo: 24h.com.vn

In the same direction as gold bars, the price of gold rings today also went sideways compared to yesterday.

Specifically, SJC listed the price of gold rings at 115 - 117.5 million VND/tael (buy - sell), stable in both directions.

DOJI traded gold rings at 116 - 119 million VND/tael (buy - sell), unchanged from yesterday.

PNJ does not change the price of gold rings at 115.2 - 118.2 million VND/tael (buy - sell).

Bao Tin Minh Chau gold rings continue to be traded at 116.2 - 119.2 million VND/tael (buy - sell).

Phu Quy Group also kept gold rings at 115.2 - 118.2 million VND/tael (buy - sell).

Domestic gold bar prices updated at 5:30 a.m. on July 14 as follows:

Yellow	Area	Early morning 13-7	Early morning 14-7	Difference
Buy	Sell	Buy	Sell	Buy	Sell
Unit of measure: Million VND/tael	Unit of measure: Thousand dong/tael
DOJI	Hanoi	119.5	121.5	119.5	121.5	–	–
Ho Chi Minh City	119.5	121.5	119.5	121.5	–	–
SJC	Ho Chi Minh City	119.5	121.5	119.5	121.5	–	–
Hanoi	119.5	121.5	119.5	121.5	–	–
Danang	119.5	121.5	119.5	121.5	–	–
PNJ	Ho Chi Minh City	119.5	121.5	119.5	121.5	–	–
Hanoi	119.5	121.5	119.5	121.5	–	–
Bao Tin Minh Chau	Nationwide	119.5	121.5	119.5	121.5	–	–
Phu Quy SJC	Nationwide	118.8	121.5	118.8	121.5	–	–

World gold price today

The spot gold price on the world market today increased by 0.42% in the past 24 hours, equivalent to an increase of 14.09 USD/ounce, currently trading at 3,365.98 USD/ounce.

With the domestic gold bar price stable and the world gold price listed at Kitco at 3,365.98 USD/ounce (equivalent to about 106.7 million VND/tael converted according to Vietcombank exchange rate, excluding taxes and fees), the domestic gold price is about 14.8 million VND/tael higher than the world gold price.

World gold prices today show no signs of cooling down. Illustration photo: Kitco

Gold prices have seen strong fluctuations over the past week due to tariff news and speculation regarding the US Federal Reserve's (Fed) policy.

Kitco News' weekly survey shows experts split: Half see prices rising, the other half remain neutral, while retail investors are starting to pull back from the bullish trend.

“Gold prices fell on Monday and Tuesday but ended the week with three consecutive days of gains. The tariffs from the US appear to have helped gold recover. However, it is unclear whether the consolidation phase since the peak of nearly $3,500 an ounce has ended. Gold is currently trading in a range of $3,275 to $3,422 an ounce, with upcoming CPI data and the US tariff announcement from the EU providing further clarity,” said Marc Chandler, CEO of Bannockburn Global Forex.

“I don’t look at the charts or the news anymore,” said Darin Newsom, senior analyst at Barchart.com. “As long as the situation in the U.S. remains the same, gold will remain a safe haven, especially heading into the weekend.”

James Stanley (Forex.com) also agreed: “Gold is lagging Bitcoin and Silver, but I think this is just a temporary thing. The long-term trend is still tilted to the buyers and I believe gold will continue to go up.”

Adam Button (Forexlive.com) sees the market as being divided. He believes that optimists are buying stocks, while pessimists are buying gold, silver and Bitcoin. “Silver and Bitcoin are the choices of retail investors, while gold represents the confidence of central banks and national reserve managers, who are waiting for the situation to stabilize before reducing USD reserves,” expert Adam Button commented.

According to a report from Metals Focus, the room for gold to fall in the second half of the year is very limited. Global economic uncertainties will continue to boost investment demand for gold. Although the US economy remains stable, the impact of inflation and tariffs could be prolonged, increasing the risk of stagnation.

In addition, the global debt burden is also a factor supporting the upward trend in gold prices. In particular, the US public debt exceeding the 37,000 billion USD mark is weakening the USD, creating more momentum for gold.

KHANH MINH

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Source: https://baolamdong.vn/gia-vang-hom-nay-14-7-neo-o-nguong-cao-382209.html