At the end of this week's trading session, SJC gold price stood at 119.7 million VND/tael (sell) and 117.7 million VND/tael (buy). The price of gold rings of various brands fluctuated around 116.2-116.5 million VND/tael (sell).

Domestic gold ring prices early this morning were adjusted up by brands following the trend in the world market.    

Buy (VND/tael) Increase/decrease Sell ​​(VND/tael) Increase/decrease
SJC 113,700,000 + 200,000 116,200,000 + 200,000
Doji 114,500,000 + 500,000 116,500,000 + 500,000

                                  SJC and Doji gold ring price list updated on the morning of June 21

Opening the trading session on June 21, the price of SJC 9999 gold was adjusted up 300 thousand VND/tael in both buying and selling compared to the closing price of yesterday's trading session, to 117.7-119.7 million VND/tael (buying - selling).

Buy (VND/tael) Increase/decrease Sell ​​(VND/tael) Increase/decrease
SJC HCMC 117,700,000 + 300,000 119,700,000 + 300,000
Doji Hanoi 117,700,000 + 300,000 119,700,000 + 300,000
Doji HCMC 117,700,000 + 300,000 119,700,000 + 300,000

                                    SJC and Doji gold bar price list updated on the morning of June 21

The central exchange rate on June 21 announced by the State Bank was 25,031 VND/USD, unchanged from the previous trading session. The USD price at commercial banks today (June 21) is commonly listed at 25,892 VND/USD (buy) and 26,282 VND/USD (sell).

At 9:11 a.m. today (June 21, Vietnam time) , the world spot gold price was at 3,367.09 USD/ounce, up 23.09 USD/ounce compared to last night.

On the morning of June 21 , the world gold price converted to USD bank price was over 107.7 million VND/tael, including tax and fees, about 12 million VND/tael lower than the domestic gold price.

At 8:00 p.m. (June 20, Vietnam time), the spot gold price was listed at $3,344/ounce, down 0.79% on the day. The gold futures price for August 2025 delivery on the Comex New York floor traded at $3,364/ounce.

Selling pressure returned strongly during the trading session, causing gold futures to fall below the important psychological threshold of $3,400/ounce. Short-term investors are tending to take profits and exit the market ahead of the weekend, causing the price of the precious metal to fall sharply.

The Federal Reserve (Fed) decided to maintain its benchmark interest rate at 4.25% to 4.50%, continuing its cautious, data-driven approach while closely monitoring the economic impact of President Trump's trade policies, especially regarding tariffs.

Fed officials expressed expectations that inflation pressures could rise in the coming months, but kept their forecast for two more rate cuts before year-end.

gold price.jpg
World gold prices fall. Photo: Kitco

Central banks around the world continue to accumulate gold. Ongoing geopolitical tensions, particularly the Russia-Ukraine conflict and the escalating situation in the Middle East, continue to highlight gold’s role as a hedge against currency risks. In addition, market expectations of interest rate cuts are generally favorable for non-yielding assets such as gold.

On the geopolitical front, President Trump has given Iran more time to negotiate over its nuclear weapons ambitions. He said he would spend a few weeks considering joining Israel in a war with Iran, in the hope that Tehran would make concessions.

In the commodity and currency markets, the USD index is weakening. The US Dollar Index (DXY), which measures the greenback's movements against six major currencies (EUR, JPY, GBP, CAD, SEK, CHF), stood at 98.69 points.

Nymex crude oil prices were higher, trading around $76 a barrel. The yield on the 10-year U.S. Treasury note is currently at 4.39%.

At the end of the session on June 20, the price of SJC gold bars was traded at 117.4-119.4 million VND/tael (buy - sell), unchanged from the previous session.

The price of SJC 1-5 chi gold rings is listed at 113.5-116 million VND/tael (buy - sell), unchanged from the previous session.

The price of 9999 gold rings at Doji is at 114-116 million VND/tael, down 500,000 VND/tael compared to the previous closing price.

Gold Price Forecast

Gold's appeal as a safe-haven asset will wane by 2026 as economic conditions improve, Citi analysts said.

“We see investment demand for gold easing in late 2025 and 2026 as President Trump’s policies and US growth support begin to take effect, especially as the US midterm elections loom,” the report said.

While economic uncertainty remains high, there is growing optimism that the US can avoid a recession and inflationary pressures will be contained. The factor behind Citi's negative outlook on gold is US monetary policy, with expectations that the Fed will eventually cut interest rates, which would support economic growth.

In a report published this week, commodities analysts at Citigroup lowered their gold price forecasts and warned that the precious metal could fall below $3,000 an ounce by the end of the year.

Citi has revised its 0-3-month gold price target to $3,300 an ounce from its previous estimate of $3,500 an ounce. At the same time, its 6-12-month gold price forecast has also been lowered from $3,000 to $2,800 an ounce.

In an optimistic scenario, Citi analysts said that increasing geopolitical instability and trade-related economic uncertainties could push gold prices above $3,500 an ounce by the third quarter of this year.

Source: https://vietnamnet.vn/gia-vang-hom-nay-21-6-2025-tiep-da-giam-manh-vang-nhan-lao-doc-2413480.html