At the end of the session on July 21, the price of gold bars at SJC closed at 120-121.5 million VND/tael (buy - sell), an increase of 300 thousand VND/tael in both buying and selling compared to the closing price of the trading session last weekend.
The price of SJC 1-5 chi gold rings closed at 114.5-117 million VND/tael (buy - sell), also increasing by 300 thousand VND/tael in both buying and selling compared to the closing price last week.
The price of 9999 gold rings at Doji closed today's trading session at 116.1-118.6 million VND/tael, an increase of 200 thousand VND/tael in both directions compared to the end of last week.
Domestic gold ring prices early this morning were slightly adjusted up by some brands.
| Buy (VND/tael) | Increase/decrease | Sell (VND/tael) | Increase/decrease | |
| SJC | 114,200,000 | 0 | 116,700,000 | 0 |
| Doji | 116,100,000 | + 200,000 | 118,600,000 | + 200,000 |
SJC and Doji gold ring price list updated on the morning of July 21
Opening the trading session on July 21, the price of SJC 9999 gold remained unchanged compared to the closing session last weekend, listed at 119.7-121.2 million VND/tael (buy - sell).
| Buy (VND/tael) | Increase/decrease | Sell (VND/tael) | Increase/decrease | |
| SJC HCMC | 119,700,000 | 0 | 121,200,000 | 0 |
| Doji Hanoi | 119,700,000 | 0 | 121,200,000 | 0 |
| Doji HCMC | 119,700,000 | 0 | 121,200,000 | 0 |
SJC and Doji gold bar price list updated on the morning of July 21
World gold prices increased this morning. At 8:45 a.m. today (July 21, Vietnam time), the world spot gold price was at 3,355.8 USD/ounce, up 3.33 USD/ounce compared to the end of last week.
On the morning of July 21 , the world gold price converted to USD bank price was nearly 107.5 million VND/tael, including tax and fees, about 13.7 million VND/tael lower than the domestic gold price.
The focus of financial markets this week is the European Central Bank's (ECB) interest rate decision, along with a series of important economic data on manufacturing and housing expected to be released.
Federal Reserve Chairman Jerome Powell will deliver the opening remarks at an event in Washington, D.C. on Tuesday. While the chances are slim, investors are watching to see if Powell addresses recent criticism from President Trump. Any comments he makes could impact expectations for U.S. monetary policy.
In addition, the market will pay attention to US home sales for June, S&P PMI data, weekly jobless claims, and the June durable goods report, scheduled for release on Friday. This report will provide information on new orders for durable goods, reflecting business investment and spending.
The latest Kitco News weekly gold survey shows that industry experts are still divided between bullish and neutral views, while retail traders are bullish on gold prices.
According to Kitco News' weekly gold survey on Wall Street, the majority (53%) predict gold prices will increase, 40% think prices will be flat and 7% predict a decrease.
In contrast, retail investors showed stronger optimism, with 62% of 223 respondents in an online survey expecting gold prices to rise next week, while only 17% predicted a fall and 21% said it would be stable.
Gold prices are holding steady, according to analysts at Commerzbank. Despite the dollar falling to a four-year low against the euro in early July, gold prices have remained roughly steady below $3,400 an ounce.
The recent sharp rise in prices of other precious metals such as silver, platinum and palladium also shows that investors do not see the upside potential in gold and are looking for alternatives.
Spot gold closed last week at $3,352.47 an ounce, down 0.09% from the end of last week. Gold futures for August 2025 delivery on the Comex New York floor traded at $3,360 an ounce.
Domestic gold market on July 19, SJC gold bar price closed at 119.7-121.2 million VND/tael (buy - sell), up 200,000 VND/tael compared to the previous day's closing price.
The price of 1-5 chi SJC gold rings closed the session on July 17 at 114.2-116.7 million VND/tael (buy - sell), unchanged. The price of 9999 gold rings at Doji closed the session at 115.9-118.4 million VND/tael (buy - sell), unchanged from the previous day's closing price.
Gold Price Forecast
Darin Newsom, senior market analyst at Barchart, said he is bullish on gold. Some uncertainty remains. Meanwhile, the next Federal Open Market Committee (FOMC) meeting is approaching, with the Fed funds futures curve indicating no change in the Fed funds rate until at least the October meeting.
Rich Checkan, president of Asset Strategies International, also predicts gold will rise. Concerns about the fate of the Fed chairman, threatening moves in the Middle East, Far East and Europe, along with a clear weakening trend in the US dollar, all support higher gold prices.
Gold prices reacted strongly to trendline support last week, with buyers still holding out, according to James Stanley, senior market strategist at Forex.
Stanley said that with the Federal Open Market Committee (FOMC) meeting next week, the market is preparing for the Fed to cut interest rates in September.
Source: https://vietnamnet.vn/gia-vang-hom-nay-21-7-2025-the-gioi-bap-benh-vang-sjc-co-but-pha-2423863.html
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