Gold price today June 23, 2025: Stable at the beginning of the week

Gold price today 6/23/2025

At the time of survey at 4:30 a.m. on June 23, 2025, gold prices were listed by some businesses specifically as follows:

The price of SJC gold bars was listed by Saigon Jewelry Company, Bao Tin Minh Chau, DOJI Group and PNJ at 117.7-119.7 million VND/tael (buy - sell), the price remained unchanged in both buying and selling compared to yesterday. The gold price decreased by 100,000 VND/tael in buying and 600,000 VND/tael in selling compared to the closing price last week.

SJC gold price at Phu Quy is traded by businesses at 117-119.7 million VND/tael (buy - sell), the gold price remains unchanged in the buying direction and decreases 300,000 VND/tael in the selling direction compared to the end of last week.

At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 118.7-119.7 million VND/tael for buying and selling. Compared to yesterday, the gold price remained unchanged in both buying and selling directions. Compared to last week, the gold price decreased by 300,000 VND/tael for both buying and selling directions.

World gold price today June 23, 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 3,367.98 USD/ounce. Today's gold price is unchanged compared to yesterday. Converted according to the USD exchange rate on the free market (26,290 VND/USD), the world gold price is about 106.7 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is about 12.7 million VND/tael higher than the international gold price.

Diễn biến giá vàng thế giới trong 24h qua. — World gold price developments in the past 24 hours.

Kitco News’ latest weekly gold survey shows that industry experts are divided on the short-term outlook for gold, with some calling for higher prices next week, a smaller number calling for lower prices, and some calling for sideways prices. Meanwhile, retail investors remain mildly optimistic.

Forecasting the trend of world gold prices, although gold prices are falling, many experts say that the fundamental factors are still intact. Central banks around the world continue to buy gold aggressively; tensions in Ukraine and the Middle East play a key role, strengthening gold's position as a hedge against instability.

Besides, the expectation of interest rate reduction in the future also benefits the world gold market by reducing the opportunity cost compared to other profitable assets.

Experts at Bank of America (BofA) predict that the world gold price could reach 4,000 USD/ounce this year, thanks to concerns about the increasingly serious budget deficit of the US government.

Source: https://baohatinh.vn/gia-vang-hom-nay-2362025-on-dinh-ngay-dau-tuan-post290381.html