Domestic gold prices today skyrocketed, listed at 122.7 million VND/tael for sale - the highest since late April 2025; world gold prices cooled down, falling below 3,400 USD/ounce.
Domestic gold bar price today
The price of SJC gold bars today continued to be raised to a new high by SJC, PNJ, and DOJI companies, when buying at 120.7 million VND/tael and selling at 122.7 million VND/tael - an increase of 700,000 VND per tael compared to yesterday.
Bao Tin Minh Chau alone increased the selling price of gold bars by 1.2 million VND/tael, listed at 120.7 - 122.7 million VND/tael (buy - sell).
Phu Quy SJC also increased each tael of gold bar by 700,000 VND, but the buying price was 500,000 VND/tael lower than other gold brands, listed at 120.2 million VND/tael for buying and 122.7 million VND/tael for selling.
Thus, the price of gold has increased continuously in recent days, not only surpassing the 121 million VND/tael mark but also moving towards the historical peak set last April (124 million VND/tael).
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People lined up to buy gold on July 23, 2025 when the price of gold jumped to nearly 123 million VND/tael. Photo: 24h.com.vn |
Domestic gold bar prices updated at 5am 24-7 as follows:
Yellow | Area | Early morning 23-7 | Early morning 24-7 | Difference | |||
Buy | Sell | Buy | Sell | Buy | Sell | ||
Unit of measure: Million VND/tael | Unit of measure: Thousand dong/tael | ||||||
DOJI | 120 | 122 | 120.7 | 122.7 | + 700 | + 700 | |
Ho Chi Minh City | 120 | 122 | 120.7 | 122.7 | + 700 | + 700 | |
SJC | Ho Chi Minh City | 120 | 122 | 120.7 | 122.7 | + 700 | + 700 |
Hanoi | 120 | 122 | 120.7 | 122.7 | + 700 | + 700 | |
Danang | 120 | 122 | 120.7 | 122.7 | + 700 | + 700 | |
PNJ | Ho Chi Minh City | 120 | 122 | 120.7 | 122.7 | + 700 | + 700 |
Hanoi | 120 | 122 | 120.7 | 122.7 | + 700 | + 700 | |
Bao Tin Minh Chau | Nationwide | 120 | 121.5 | 120.7 | 122.7 | + 700 | + 1,200 |
Phu Quy SJC | Nationwide | 119.5 | 122 | 120.2 | 122.7 | + 700 | + 700 |
Domestic gold ring price today
Similar to gold bars, the price of gold rings today increased by 400,000 - 900,000 VND/tael, listed at the highest price of 120.2 million VND/tael for sale.
Specifically, SJC listed the price of 9999 gold rings at 115.5 - 118 million VND/tael (buy - sell), an increase of 500,000 VND/tael in both directions compared to yesterday morning.
Meanwhile, DOJI traded gold rings at 117 - 119.5 million VND/tael, an increase of 400,000 VND/tael in both directions.
Bao Tin Minh Chau brand gold rings also increased in price by 700,000 VND/tael each way, listed at 117.2 - 120.2 million VND/tael (buy - sell), an increase of 900,000 VND/tael in both directions compared to yesterday morning.
Phu Quy listed the price of gold rings at 116.2 - 119.2 million VND/tael, an increase of 500,000 VND/tael in both directions.
PNJ alone stabilized the price of gold rings compared to yesterday morning, trading at 116 - 119 million VND/tael.
World gold price today
In the world gold market, the spot gold price today increased slightly, listed around 3,390 USD/ounce (equivalent to 107.9 million VND/tael converted according to Vietcombank exchange rate, excluding taxes and fees).
World gold prices generally increased by 0.09% in the past 24 hours and decreased by 0.83% in the past 30 days.
Currently, the world gold price is about 14.8 million VND/tael lower than the price of gold bars and 10 - 12.3 million VND/tael lower than the domestic gold ring price.
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| Illustration: Bloomberg |
The world gold price increased in the context of the cooling of the USD index. Currently, the USD index (DXY) is only 97.4 points, down a total of about 1.3% compared to last week. According to analysts, the weakening of this currency is one of the main factors driving the gold price.
However, gold prices this morning left the $3,400/ounce mark after US President Donald Trump announced a trade deal with Japan ahead of the tariff deadline, increasing demand for risky assets. Accordingly, President Donald Trump said that the US and Japan have reached a trade agreement, which includes a 15% tariff that will be applied to imports into the US from this country.
In another development, US Treasury Secretary Scott Bessent announced that US and Chinese officials will meet in Stockholm, Sweden next week to discuss extending the deadline for negotiating a trade deal.
Tim Waterer, Chief Market Analyst at CM Trade Financial Services, said that if more trade deals are signed before August 1, this could continue to boost demand for risk assets and reduce demand for gold. However, if the US dollar continues to be under pressure, a return to $3,500/ounce is still a viable prospect in the short term.
Naeem Aslam, chief investment officer at Zaye Capital Markets, said he remains positive on gold as uncertainties at the US Federal Reserve (Fed) continue to resonate with the increasingly complex geopolitical situation in financial markets. Accordingly, if political tensions escalate and the Fed is under more pressure from the White House, there will be stronger fluctuations in the market.
MR. PHUONG
*Please visit the Economics section to see related news and articles.
Source: https://baolamdong.vn/gia-vang-hom-nay-24-7-tang-phi-ma-383455.html
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