Gold price today 7/24/2025
At the time of survey at 4:30 a.m. on July 24, 2025, the price of gold bars was listed by some businesses specifically as follows:
The price of SJC gold bars was listed by Saigon Jewelry Company Limited, Bao Tin Minh Chau, DOJI Group and PNJ at 120.7-122.7 million VND/tael (buy - sell), an increase of 700,000 VND/tael in both buying and selling directions compared to yesterday.
Meanwhile, the price of SJC gold at Phu Quy was traded by businesses at 120.2-122.7 million VND/tael (buy - sell), the gold price increased by 700,000 VND/tael in both buying and selling directions compared to yesterday.
At Mi Hong Jewelry Company, the price of Mi Hong gold at the time of survey was listed at 121.5-122.7 million VND/tael for buying and selling. Compared to yesterday, the gold price increased by 700,000 VND/tael for buying and 900,000 VND/tael for selling.
Regarding ring gold, the price of 9999 Hung Thinh Vuong round ring gold at DOJI is listed at 117-119.5 million VND/tael (buy - sell); the price increased by 400,000 VND/tael in both buying and selling directions compared to yesterday.
Bao Tin Minh Chau listed the price of gold rings at 117.2-120.2 million VND/tael (buy - sell); the gold price increased by 900,000 VND/tael in both buying and selling directions compared to yesterday.
World gold price today 7/24/2025 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 3,414.22 USD/ounce. Today's gold price decreased by 0.34% compared to yesterday. Converted according to the USD exchange rate on the free market (26,360 VND/USD), the world gold price is 108.5 million VND/tael (excluding taxes and fees). Thus, the price of SJC gold bars is about 14.2 million VND/tael higher than the international gold price.
World gold price developments in the past 24 hours.
Nikos Tzabouras, senior market analyst at Tradu.com, said: “Trade agreements such as the one between the US and Japan can ease macroeconomic concerns and reduce safe-haven demand, leading to continued volatility in gold prices.”
Earlier in the day, US President Donald Trump signed a trade deal with Japan that lowers tariffs on cars, marking his administration's biggest step forward in trade policy since imposing tariffs in April.
However, the long-term outlook for gold remains positive. According to Mr. Tzabouras, the US dollar may continue to weaken due to growing concerns about the independence of the US Federal Reserve (Fed) and the level of US public debt. This could accelerate the trend of de-dollarization and cause central banks to increase their gold reserves.
Precious metals like gold typically benefit from uncertainty and low interest rates, as the opportunity cost of holding non-yielding assets like bullion is lower. While markets do not expect the Fed to cut rates in July, a majority of economists in a Reuters poll said the Fed’s independence is under threat from growing political pressure.
Source: https://baohatinh.vn/gia-vang-hom-nay-2472025-the-gioi-giam-trong-nuoc-tang-ca-2-chieu-post292357.html
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