Gold price today 6/18/2025
At the time of survey at 4:30 a.m. on June 18, 2025, the gold price was listed by some businesses specifically as follows:
The price of SJC gold bars was listed by Saigon Jewelry Company Limited, Bao Tin Minh Chau, DOJI Group and PNJ at 117.6-119.6 million VND/tael (buy - sell), the price remained unchanged in both buying and selling directions compared to yesterday.
SJC gold price at Phu Quy is traded by businesses at 117-119.6 million VND/tael (buy - sell), gold price remains unchanged in both buying and selling directions.
At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 118.5-119.5 million VND/tael for buying and selling. Compared to yesterday, the gold price decreased by 500,000 VND/tael for both buying and selling.
World gold price today June 18, 2025 and world gold price fluctuation chart in the past 24 hours
According to Kitco, the world gold price recorded at 4:30 a.m. today, Vietnam time, was at 3,383.01 USD/ounce. Today's gold price decreased by 0.5% compared to yesterday. Converted according to the USD exchange rate on the free market (26,286 VND/USD), the world gold price is about 107.2 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is about 12 million VND/tael higher than the international gold price.
The dollar index rose 0.3%, making dollar-priced gold more expensive for buyers using other currencies, Reuters reported.
“Gold prices are in a consolidation phase as the market awaits the decision from the US Federal Reserve (Fed) and monitors developments from the conflict in the Middle East,” said senior analyst Jim Wycoff from Kitco Metals.
US President Donald Trump said he wanted to truly end the nuclear crisis with Iran and suggested he could send senior officials to meet with representatives of the Islamic Republic, as the air war between Israel and Iran dragged on for a fifth day.
In other developments, the US Federal Reserve will announce its monetary policy decision on Wednesday, accompanied by a press conference by Chairman Jerome Powell.
Analysts expect the Fed to keep its overnight benchmark interest rate unchanged at 4.25% - 4.50%, where it has been since December last year.
Low interest rate environments and geopolitical uncertainty often make gold more attractive to investors.
A survey by the World Gold Council shows that central banks around the world are expected to increase the proportion of gold holdings in their foreign exchange reserves over the next five years.
New data showed that US retail sales fell more than expected in May, but consumer spending was supported by steady wage growth.
While gold held its price, silver recorded a strong increase of 2.3% to 37.16 USD/ounce, reaching its highest level since February 2012.
Silver prices could rise to $40 in the next six to 12 months, according to a Citi note.
“We expect silver supply to become increasingly tight due to years of persistent deficits, inventory holders selling only at higher prices, and continued strong investment demand,” Citi analysts said.
Also, platinum prices rose 1.3% to $1,261.97, while palladium rose 1.8% to $1,048.34.
Source: https://baohatinh.vn/gia-vang-hom-nay-1862025-duy-tri-on-dinh-post290058.html
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