Gold price today (July 15): World gold price drops...

Gold price today (July 15): World gold price continues to cool down, decreasing by 14.15 USD/ounce in the past 24 hours. Meanwhile, domestic gold bar price continues to maintain at a high level, selling at 121.5 million VND/tael.

Domestic gold price today

The price of domestic gold bars continues to remain high and stable compared to yesterday. On the morning of July 15, gold brands such as DOJI , SJC, PNJ, and Bao Tin Minh Chau were buying at 119.5 million VND/tael and selling at 121.5 million VND/tael, unchanged from yesterday.

Particularly, Phu Quy SJC brand gold is being bought at a price 700,000 VND lower than other brands, listed at 118.8 million VND/tael for buying and 121.5 million VND/tael for selling, unchanged from yesterday.

The domestic gold bar price today (July 15) continues to remain at a high level, selling at 121.5 million VND/tael. Illustration photo: chinhphu.vn

Similarly, gold rings of basic brands keep the same price as yesterday.

Specifically, the listed price of SJC 9999 gold rings is 115 million VND/tael for buying and 117.5 million VND/tael for selling, stable compared to yesterday.

DOJI in Hanoi and Ho Chi Minh City markets remained unchanged compared to yesterday, trading at 116 - 119 million VND/tael (buy - sell).

Bao Tin Minh Chau brand gold ring price is 116.2 million VND/tael for buying and 119.2 million VND/tael for selling, unchanged from yesterday.

Phu Quy SJC is buying gold rings at 115.3 million VND/tael and selling at 118.3 million VND/tael, an increase of 100,000 VND/tael in both directions.

PNJ brand gold ring price is bought at 115.2 million VND/tael and sold at 118.2 million VND/tael, stable in both directions.

Domestic gold bar prices updated on the morning of July 15 as follows:

Yellow	Area	Early morning 14-7	Early morning 15-7	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

World gold prices fell, with spot gold prices at $3,342.80/ounce. World gold prices generally fell 0.42% in the past 24 hours, equivalent to a decrease of $14.15/ounce.

With the domestic gold bar price stable and the world gold price listed at Kitco at 3,342.80 USD/ounce (equivalent to about 106 million VND/tael converted according to Vietcombank exchange rate, excluding taxes and fees), the difference between domestic and world gold prices is about 15.5 million VND/tael.

While gold prices have recently shown signs of slowing, a weaker US dollar could be enough to fuel further gains, while silver is benefiting from record-breaking semiconductor demand and platinum is seeing a surge in jewelry production, according to precious metals analysts at Heraeus.

World gold prices cooled down after a series of days of price increases. Illustrative photo

In their latest update on precious metals, analysts at Heraeus wrote that recent weaker forecasts for the US dollar could help restart the gold rally. “Globally, analysts have significantly reduced their forecasts for the US dollar by the end of 2025. The consensus forecast for Q4 2025 has fallen from 107.25 in mid-January 2025 to 96.8 as of last Friday, compared to the current DXY Index level of 97.80. The median forecast suggests a 1% decline in the US dollar by the end of the year and a further 4% decline by 2026,” the analysts noted.

Even if gold prices stall below the April high of $3,500 an ounce, the precious metal still has support at $3,240, Heraeus said. If the dollar weakens as expected and investment demand for the precious metal remains strong, gold prices could continue to rise after this consolidation. However, if gold prices fall below support, any further gains could be delayed until later this year.

Meanwhile, Joe Cavatoni, chief market strategist for North America at the World Gold Council, said that gold's continued stability around $3,300 an ounce shows that the market is still waiting for clarity on interest rates and trade, and the US President's sudden announcement of a 50% tariff on imported copper last week is a reminder that investors cannot be sure that the same will not happen to gold.

The volatility of gold prices around $3,300 an ounce is a sign that market participants lack clarity on some of the key drivers of gold, according to strategist Cavatoni. “Tactically, the drivers of gold prices are momentum and opportunity cost. If we see the Federal Reserve ( Fed ) adjusting interest rates later in the year, that opportunity cost will be favorable for gold in the short term. However, investors will act quickly to try to assess whether that momentum will have an impact on gold prices,” Cavatoni explained.

THU UYEN

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Source: https://baolamdong.vn/gia-vang-hom-nay-15-7-gia-vang-the-gioi-ha-nhiet-382335.html