Domestic gold ring prices today fluctuate little.

Buy (VND/tael) Increase/decrease Sell (VND/tael) Increase/decrease
SJC 114,200,000 0 116,700,000 0
Doji 115,900,000 0 118,400,000 0

                      SJC and Doji gold ring price list updated afternoon of July 19

On the afternoon of July 19, the price of SJC 9999 gold increased by 200,000 VND/tael in both buying and selling compared to the end of yesterday's trading session, to 119.7-121.2 million VND/tael (buying - selling).

Buy (VND/tael) Increase/decrease Sell (VND/tael) Increase/decrease
SJC HCMC 119,700,000 + 200,000 121,200,000 + 200,000
Doji Hanoi 119,500,000 0 121,000,000 0
Doji HCMC 119,500,000 0 121,000,000 0

SJC and Doji gold bar price list updated on the afternoon of July 19

Meanwhile , the world gold price fell at the end of the week. At 3:16 p.m. today (July 19, Vietnam time), the world spot gold price was at 3,347.9 USD/ounce, down 6.1 USD/ounce compared to last night.

On the afternoon of July 19 , the world gold price converted to USD bank price was over 107.3 million VND/tael, including tax and fees, about 13.9 million VND/tael lower than the domestic gold price.

On July 19, the price of gold bars and gold rings remained the same as the closing price on July 18. The price of gold bars at SJC was at 119.5-121 million VND/tael (buy - sell).

The price of 1-5 chi SJC gold rings is listed at 114.2-116.7 million VND/tael (buy - sell) and 9999 gold rings at Doji are traded at 115.9-118.4 million VND/tael (buy - sell).

At 8:00 p.m. (July 18, Vietnam time), the spot gold price was at $3,354/ounce, up 0.5% from the beginning of the session. The gold futures price for August 2025 delivery on the Comex New York floor traded at $3,360/ounce.

World gold prices remained stable around the $3,350/ounce mark after a report on the US housing sector showed more positive signs last June.

Housing starts rose 4.6 percent in June to a seasonally adjusted annual rate of 1.321 million units, the Commerce Department said Friday, beating analysts’ expectations of 1.29 million units and up from May’s 1.263 million.

However, if we look at the last 12 months, total housing construction activity has decreased slightly by 0.5%, showing that the picture is not really sustainable.

Building permits, a key indicator of future construction activity, rose just 0.2% to 1.397 million, in line with economists' forecasts, reflecting caution among property developers.

Gold - Duc Thanh (4).jpg
World gold prices increase. Photo: Hoang Ha

The U.S. housing sector continues to face many difficulties. Higher interest rates from the Federal Reserve (Fed) have pushed mortgage rates to record levels, while limited housing supply continues to push up home prices, putting pressure on buyers and the market.

Financial markets will continue to closely monitor the housing sector, as it is an important pillar of the US economy, which can influence the Fed's monetary policy decisions and indirectly impact gold prices in the coming time.

The precious metal’s rise comes amid a positive backdrop for global financial markets. Asian and European stock markets are both trading in the green. In the US, stock indexes are also expected to open higher and could set new record highs.

Mr. David Morrison, an expert at Trade Nation, commented that positive quarterly business results from a number of large corporations have boosted risk-taking sentiment, helping stock indexes end the week in positive territory. Corporate profits will continue to be the focus of the market.

Nymex crude oil futures rose sharply, trading around $68.00 a barrel. The yield on the 10-year US Treasury note is currently at 4.431%, showing a slight downward trend.

Domestic gold market on July 18, SJC gold bar price closed at 119.5-121 million VND/tael (buy - sell), up 900,000 VND/tael (buy) and up 400,000 VND/tael (sell) compared to the previous day's closing price.

The price of 1-5 chi SJC gold rings at the closing session on July 17 was listed at 114.2-116.7 million VND/tael (buy - sell) and 9999 gold rings at Doji closed at 115.9-118.4 million VND/tael (buy - sell), unchanged from the closing price the previous day.

Gold Price Forecast

Commodities are seeing a significant shift as China’s economy weakens and U.S. import tariffs rise, according to Roukaya Ibrahim, commodities strategist at BCA Research.

These factors will reduce demand for industrial metals and oil, while boosting demand for safe-haven assets such as gold, Ms. Ibrahim said.

With gold prices consolidating around the $3,300-$3,400 an ounce level, Ibrahim remains bullish on the precious metal. It is only a matter of time before gold breaks out and retests its all-time high of $3,500 an ounce set in April.

Despite the recent slowdown in gold’s rally, analysts at the Bank of Canada (CIBC) remain bullish on the metal’s upside potential. The precious metal could see a second leg higher in the second half of the year, with safe-haven demand expected to remain a key driver.

The bank predicts the average gold price in 2025 will reach about $3,339 an ounce, up more than 19% from the forecast made last December.

Moving into the second half of 2025, CIBC expects gold prices to hit $3,600 and remain around this level until 2026. However, the bank also forecasts a slight correction in gold prices, averaging around $3,000 in 2027.

Source: https://vietnamnet.vn/gia-vang-hom-nay-19-7-2025-tang-vut-cao-sjc-tai-chiem-nguong-121-trieu-dong-2423350.html