Domestic gold ring prices early this morning were adjusted up by brands following developments in the world market.
| Buy (VND/tael) | Increase/decrease | Sell (VND/tael) | Increase/decrease | |
| SJC | 114,700,000 | + 300,000 | 117,200,000 | + 300,000 |
| Doji | 116,100,000 | + 200,000 | 118,600,000 | + 200,000 |
SJC and Doji gold ring price list updated morning of July 30
Opening the trading session on July 30, the price of SJC 9999 gold increased by 300 thousand VND/tael in both buying and selling compared to the closing price of yesterday's trading session, to 120-121.5 million VND/tael (buying - selling).
| Buy (VND/tael) | Increase/decrease | Sell (VND/tael) | Increase/decrease | |
| SJC HCMC | 120,000,000 | + 300,000 | 121,500,000 | + 300,000 |
| Doji Hanoi | 120,000,000 | + 300,000 | 121,500,000 | + 300,000 |
| Doji HCMC | 120,000,000 | + 300,000 | 121,500,000 | + 300,000 |
SJC and Doji gold bar price list updated on the morning of July 30
World gold prices edged up slightly this morning. At 9:12 a.m. today (July 30, Vietnam time), the world spot gold price was at 3,325.2 USD/ounce, up 3.2 USD/ounce compared to last night.
On the morning of July 30 , the world gold price converted to USD bank price was over 106.8 million VND/tael, including tax and fees, about 14.7 million VND/tael lower than the domestic gold price.
As of 8:00 p.m. on July 29 (Vietnam time), the spot gold price today on the international market was at $3,322/ounce. Gold for August 2025 delivery on the Comex New York floor was at $3,326/ounce.
The world gold price on the night of July 29 was about 26.6% higher (equivalent to 697 USD/ounce) than at the end of 2024. World gold converted to the bank USD price was VND 106.7 million/tael, including taxes and fees, about VND 14.5 million/tael lower than the domestic gold price as of the end of the afternoon session on July 29.
Gold prices on the New York floor on the evening of July 29 (Vietnam time) recovered at a modest level despite having previously dropped sharply, from over 3,400 USD/ounce to close to 3,300 USD/ounce (106 million VND/tael).
Gold was under pressure as the US dollar rebounded to a five-week high. The DXY index, which measures the greenback's performance against a basket of six major currencies, rose 0.45% to 99.08.
Precious metals were also under pressure as money flowed into riskier assets such as U.S. stocks. U.S. stock indexes continued to inch up to new historical highs after soaring for five consecutive sessions last week.
Gold was supported by its closely related commodity, oil. Oil prices rose sharply in the first session of the week, with WTI crude rising 0.7% to $67.16 a barrel.
However, what investors are waiting for the most is the monetary policy signal from the Federal Open Market Committee (FOMC) meeting of the Federal Reserve (Fed) which opens on the evening of July 29 (Vietnam time) and ends in the early morning of July 31.
Domestically, gold prices increased again. Specifically, by the end of the trading session on July 29, the price of 9999 gold bars at SJC and Doji was listed at 119.7-121.2 million VND/tael (buy - sell), an increase of 100,000 VND in both buying and selling compared to the previous session.
SJC announced the price of gold rings of type 1-5 at only 114.4-116.9 million VND/tael (buy - sell), down 100,000 VND in both directions. Doji announced the price of gold rings at 115.9-118.4 million VND/tael, down 100,000 VND in both directions.
Gold Price Forecast
Gold prices have recently been under pressure due to increased profit-taking as the commodity has risen sharply in the first half of 2025 and throughout 2024. Recently, the Donald Trump administration has continuously announced trade agreements with many countries around the world.
Geopolitical tensions have also eased in many parts of the world, including the Middle East, India-Pakistan and more recently Thailand-Cambodia. This is a factor that has reduced the demand for safe haven assets.
Gold is also under pressure from the near-certainty that the Fed will keep interest rates unchanged at its ongoing meeting.
However, after being warned and pressured by US President Donald Trump to lower interest rates, many market observers believe that Fed Chairman Jerome Powell may make more dovish statements, possibly mentioning the possibility of easing monetary policy this fall.
Previously, many organizations predicted that gold prices could only break out and surpass the threshold of 3,400 USD/ounce firmly when the Fed reversed its monetary policy and continued its trend of loosening monetary policy.
Source: https://vietnamnet.vn/gia-vang-hom-nay-30-7-2025-vang-sjc-cao-hon-the-gioi-14-5-trieu-luong-2426842.html
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