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Gold price today 7/2/2025: Mi Hong accelerates, domestic gold is still sleepy, world gold slightly decreases

Gold price today July 2, 2025: Mi Hong increased slightly, domestic gold was stable, while world gold decreased 0.2% to 3,330.68 USD/ounce due to waiting for US employment data.

Báo Đà NẵngBáo Đà Nẵng02/07/2025

Gold price today 2 7 2025 Mi Hong accelerates, domestic gold is still sleepy, world gold slightly decreases
Gold price today 7/2/2025: Mi Hong accelerates, domestic gold is still sleepy, world gold slightly decreases

Gold price today 7/2/2025 in the country: Mi Hong "accelerates" price increase while the market is still sleepy

At the time of the survey on the morning of July 2, 2025, the domestic gold market recorded mixed fluctuations among major brands. While most prices remained stable, some brands recorded slight increases in both buying and selling prices, creating notable developments in the market. Specifically:

The price of SJC gold bars in Hanoi was listed at VND118.7 million/tael (buy) and VND120.7 million/tael (sell), unchanged from the previous session. This price was also maintained in other areas such as Ho Chi Minh City and Da Nang.

At DOJI Group, gold prices today also remained unchanged, with prices of 118.7 million VND/tael (buy) and 120.7 million VND/tael (sell) respectively.

On the contrary, the gold price at Mi Hong Jewelry Company recorded a slight increase. Specifically, the buying price reached 119.5 million VND/tael, an increase of 300 thousand VND/tael, while the selling price increased correspondingly to 120.5 million VND/tael.

For PNJ, today's gold price remained unchanged, remaining at 114.5 million VND/tael (buy) and 117 million VND/tael (sell).

At Vietinbank Gold alone, the selling price continues to remain at 120.7 million VND/tael.

At Bao Tin Minh Chau and Phu Quy, gold prices also remained unchanged, at 118.7 million VND/tael (buy) and 120.7 million VND/tael (sell), respectively.

Gold price trend forecast today 7/2/2025

The gold market on July 2, 2025 showed stability in most major brands, while some brands such as Mi Hong recorded a slight increase. This reflects the differentiation in gold buying and selling demand in the market. With the current trend, investors need to closely monitor fluctuations to make appropriate decisions.

Latest detailed gold price update table today 7/2/2025

Gold price today
BuySell
SJC in Hanoi 118.7 - 120.7 -
DOJI Group 118.7 - 120.7 -
Red Eyelashes 119.5 ▲300 120.5 ▲300
PNJ 114.5 - 117.0 -
Vietinbank Gold 120.7 -
Bao Tin Minh Chau 118.7 - 120.7 -
Phu Quy 118.1 - 120.7 -
1. DOJI - Updated: 07/02/2025 09:30 - Time of the source website - ▼/▲ Compared to yesterday.
Type Buy Sell
AVPL/SJC HN 118,700 120,700
AVPL/SJC HCM 118,700 120,700
AVPL/SJC DN 118,700 120,700
Raw material 9999 - HN 109,400 112,400
Raw material 999 - HN 109,300 112,300
2. PNJ - Updated: 07/02/2025 09:30 - Time of website supply - ▲ Compared to yesterday.
Type Buy Sell
HCMC - PNJ 114,500 117,000
HCMC - SJC 118,700 120,700
Hanoi - PNJ 114,500 117,000
Hanoi - SJC 118,700 120,700
Da Nang - PNJ 114,500 117,000
Da Nang - SJC 118,700 120,700
Western Region - PNJ 114,500 117,000
Western Region - SJC 118,700 120,700
Jewelry gold price - PNJ 114,500 117,000
Jewelry gold price - SJC 118,700 120,700
Jewelry gold price - Southeast PNJ 114,500
Jewelry gold price - SJC 118,700 120,700
Jewelry gold price - Jewelry gold price PNJ 999.9 Plain Ring 114,500
Jewelry gold price - Kim Bao Gold 999.9 114,500 117,000
Jewelry gold price - Phuc Loc Tai Gold 999.9 114,500 117,000
Jewelry gold price - Jewelry gold 999.9 113,900 116,400
Jewelry gold price - Jewelry gold 999 113,780 116,280
Jewelry gold price - Jewelry gold 9920 113,070 115,570
Jewelry gold price - Jewelry gold 99 112,840 115,340
Jewelry gold price - 750 gold (18K) 79,950 87,450
Jewelry gold price - 585 gold (14K) 60,740 68,240
Jewelry gold price - 416 gold (10K) 41,070 48,570
Jewelry gold price - 916 gold (22K) 104,220 106,720
Jewelry gold price - 610 gold (14.6K) 63,650 71,150
Jewelry gold price - 650 gold (15.6K) 68,310 75,810
Jewelry gold price - 680 gold (16.3K) 71,800 79,300
Jewelry gold price - 375 gold (9K) 36,300 43,800
Jewelry gold price - 333 gold (8K) 31,060 38,560
3. SJC - Updated: 07/02/2025 09:30 - Source website time - ▼/▲ Compared to yesterday.
SJC Gold 1L, 10L, 1KG 118,700 120,700
SJC gold 5 chi 118,700 120,720
SJC gold 0.5 chi, 1 chi, 2 chi 118,700 120,730
SJC 99.99% gold ring 1 chi, 2 chi, 5 chi 114,300 116,800
SJC 99.99% gold ring 0.5 chi, 0.3 chi 114,300 116,900
Jewelry 99.99% 114,300 116,200
Jewelry 99% 110,549 115,049
Jewelry 68% 72,273 79,173
Jewelry 41.7% 41,710 48,610

World gold price slightly decreased due to Fed "making it difficult" for Trump

World gold price, at 09:30 on July 2, 2025 (Vietnam time), the world spot gold price was at 3,329.52 USD/ounce. Today's gold price decreased by 7.37 USD compared to yesterday. Converted according to the USD exchange rate at Vietcombank (26,323 VND/USD), the world gold price is about 109.94 million VND/tael (excluding taxes and fees). Compared to the domestic SJC gold bar price on the same day (118.7-120.7 million VND/tael), the current SJC gold price is about 10.76 million higher than the international gold price.

On July 2, 2025, the price of gold on the world market had a slight adjustment. According to Reuters, the spot gold price decreased by 0.2% to 3,330.68 USD per ounce. Meanwhile, the US gold futures contract also decreased by 0.3%, reaching 3,340.60 USD per ounce. This shows the caution of investors waiting for important information about the US labor market.

One notable factor is that the US dollar fell to its lowest level in more than three years, which helped limit losses for gold prices. When the dollar weakens, gold becomes more attractive to holders of other currencies, facilitating buying.

US Federal Reserve Chairman Jerome Powell has stressed that the central bank will “wait and see” how tax policies affect inflation before cutting interest rates, signaling caution in monetary policy as President Donald Trump’s calls for immediate rate cuts have yet to be met.

The labor market is also showing mixed signs. Although the number of U.S. job openings unexpectedly rose in May, a drop in hiring suggests that the labor market is slowing. This has investors anxiously awaiting the upcoming ADP employment data and non-farm payrolls report.

According to experts, the biggest risk to gold prices right now is a strong non-farm payrolls report, but many believe that this is unlikely in the current environment.

Meanwhile, the government's fiscal policies are also in the spotlight. Republicans in the US Senate have passed a tax and spending cut bill that could add to the nation's debt burden.

In summary, the gold price today, July 2, 2025, on the world market is affected by many factors such as interest rate policy, labor situation and fluctuations of the dollar. Investors need to closely monitor this information to make appropriate decisions in the context of a volatile market.

Source: https://baodanang.vn/gia-vang-hom-nay-2-7-2025-mi-hong-but-toc-vang-trong-nuoc-con-ngai-ngu-vang-the-gioi-giam-nhe-3264721.html


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