Gold price today 7/17/2025: Decrease in both directions

Gold price today 7/17/2025

At the time of survey at 4:30 a.m. on July 17, 2025, the price of gold bars was listed by some businesses specifically as follows:

The price of SJC gold bars was listed by Saigon Jewelry Company, Bao Tin Minh Chau, DOJI Group and PNJ at 118.6-120.6 million VND/tael (buy - sell), a decrease of 500,000 VND/tael in both buying and selling directions compared to yesterday.

Currently, the difference between buying and selling prices of SJC gold bars at large companies is commonly at 2 million VND/tael.

Meanwhile, the price of SJC gold at Phu Quy was traded by businesses at 117.9-120.6 million VND/tael (buy - sell), the gold price decreased by 500,000 VND/tael in both buying and selling directions compared to yesterday.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 119.6-120.6 million VND/tael for buying and selling. Compared to yesterday, the gold price decreased by 400,000 VND/tael for both buying and selling.

Gold price today July 17, 2025. Illustration photo

World gold price today July 17, 2025 and world gold price fluctuation chart in the past 24 hours

According to Kitco, the world gold price recorded at 4:30 am today, Vietnam time, was at 3,325.52 USD/ounce. Today's gold price decreased by 0.73% compared to yesterday. Converted according to the USD exchange rate on the free market (26,388 VND/USD), the world gold price is 105.8 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is about 14.8 million VND/tael higher than the international gold price.

Diễn biến giá vàng thế giới trong 24h qua. — World gold price developments in the past 24 hours.

“The market is still dominated by geopolitical factors. With the Israeli airstrikes and the tougher US stance on trade tariffs, the market is a bit more volatile,” said Kitco Metals senior analyst Jim Wyckoff. He predicts gold prices will fluctuate between $3,250 and $3,476 in the short term.

Gold is often sought after in times of uncertainty and is particularly beneficial when a low interest rate environment increases the appeal of the precious metal.

In other markets, India's gold imports in June fell 40% from a year earlier to their lowest in more than two years as high prices weakened demand, according to a government agency and two industry officials.

Spot silver was flat at $37.73 an ounce, holding near a 14-year high hit on Tuesday. Platinum rose 1.6% to $1,393.51, while palladium rose 1.8% to $1,227.75.

Source: https://baohatinh.vn/gia-vang-hom-nay-1772025-giam-ca-hai-chieu-post291881.html